Property Types
North FL Community Trades for $36M
Kimball Key LLC has received $27.1 million in financing for the purchase of Mandarin Apartments, a 401-unit garden-style asset in Jacksonville.
Denver Community Trades for $26M
The 156-unit community was recently renovated and roughly two thirds of the units were upgraded. FPA Multifamily acquired the asset in 2016.
Campus Advantage to Manage TX Student Housing
Located near the University of Texas at Austin’s West Campus, the 567-bed community developed by Lincoln Ventures is scheduled for completion in the fall of 2020.
CareTrust REIT Closes $211M Senior Housing Acquisition
The 12-property portfolio totals 1,734 beds across Louisiana and Texas. The seller is an affiliate of BM Eagle Holdings LLC.
LMC Launches Leasing at Luxury Atlanta Tower
The 310-unit community is located in the Midtown district, which commands the highest rents in the city’s booming multifamily market.
CBRE Brokers 2 Orange County Sales
Senior Vice President Dan Blackwell facilitated the $14 million deal encompassing 44 units across two communities. Both assets represent value-add opportunities.
Next Wave Buys Nevada and Utah Communities
The company has expanded its portfolio with two properties located in Las Vegas and West Valley City, totaling 188 units.
GA Multifamily Asset Trades for $42M
Sterling Bridge Investment Partners has sold a 530-unit community located near Robins Air Force Base. Marcus & Millichap represented both parties in the transaction.
South Coast Commercial Buys NorCal Community
The firm financed the acquisition of the fully occupied Class B asset with a 15-year, $7 million mortgage from Banc of California.
SKK Developments, Grupe Co. Complete Sacramento Community
The newly completed property is located in the heart of Sacramento near major thoroughfares such as Interstate 80 and Freeway 50.