Regions
Interra Realty Sells 2 Chicago Assets
The buildings, which changed hands for a combined $16.5 million, are located along Broadway Avenue in the Edgewater neighborhood.
JV Completes Phase II of NJ Luxury Tower
SJP Properties, Northwestern Mutual Life Insurance Co. and PGIM Real Estate have finished work on The Modern in Fort Lee, which comprises 900 units and a bowling alley, an arcade room and an infinity pool.
Ryan Cos., Grand Living Unveil IA Senior Housing
The joint venture’ Grand Living at Bridgewater in Coralville includes 170 units, and a spa, a chapel and a salon.
Las Vegas-Area Community Lands $57M Financing
Built in 2018, Castile Apartments features 498 units across 28 buildings. Thompson Michie Communities bought the asset in April for $99.6 million.
Denver-Area Vintage Assets Sell for Record Price
Transwestern’s Senior Vice President Tom Wanberg and Vice President John Blackshire represented the seller in the $9.5 million deal involving two Brighton, Colo.-communities.
CBRE Brokers $42M AZ Sale
Sonoma Ridge encompasses 240 units. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch from CBRE’s Phoenix office represented the seller in the transaction.
Singh Development Plans MI Luxury Asset
The Griffin in Royal Oak will include 245 apartment units above 10,000 square feet of retail space. The community is expected to be completed in 2020.
Cushman & Wakefield Brokers Sale of 680-Unit MO Community
Mike Hanrahan and Bobby Mills of the St. Louis office and Mike Kemether of the company’s Atlanta office represented the seller, Priderock Capital Partners, in the transaction.
Baltimore-Area Luxury Property Breaks Ground
The 114-apartment community is part of the of the Metro Centre at Owings Mills mixed-use development, which will include a total of 1,700 residential units.
PCCP, Insight Property Acquire $132M VA Community
Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.