Property Types
Fogelman Increases Jacksonville Footprint
Gamma Real Estate sold the 268-unit Class A community for more than $40 million, with Greystone providing acquisition financing to the buyer.
Nonprofit Expands IL Footprint With 569-Unit Buy
Lynd Co. arranged the acquisition of Timber Oaks in Ingleside and Prairie View in Woodstock on behalf of Invest in America’s Veterans Foundation.
Fully Occupied Community Trades in OH
Franklin’s Crossing has 61 units and is located in Northwest Columbus in an area with several shopping and entertainment centers nearby.
JV Pays $600M for Southeast Assets
Carroll Organization and PGIM Real Estate acquired more than 4,000 apartment units across three portfolios. The deal marks the fifth joint venture between the two companies since last December.
Peak Capital Acquires NM Asset
KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.
MD Student Housing Price Sets Record
CBRE assisted Greystar and Rockpoint Group in the $235 million sale, which marks the largest transaction for a single student housing asset in the U.S.
Wood Partners Sells Luxury Building in Salt Lake City
Completed in 2017, Alta Gateway Station is the first LEED Platinum-certified apartment building in Utah. The sale of the 277-unit rental property was handled by Cushman & Wakefield.
Charlotte Community Receives $22M Fannie Mae Loan
Arbor Realty Trust funded the DUS loan for Pressley South End Apartments, a 44-building asset in the southwestern part of the metro.
CA Ventures Adds New VP
Taylor Gunn brings many years of experience in student housing analytics. She will lead the company’s market research and development strategies across Europe.
Opportunity Zones Knock
The new Opportunity Zones program potentially opens the door for billions of dollars to flow into multifamily development. NMHC Vice Presidents Matthew Berger and Dave Borsos provide both an update on recently promulgated regulations and a roadmap for further improvements.