1031 Exchange
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Berkadia Arranges $28M in San Diego Sales
Two properties traded for the highest per-unit price in their respective submarkets. Associate Director Tyler Sinks, Managing Directors Ed Rosen and John Chu worked on behalf of the sellers.
San Diego 26 February 2019 17:26 -
Baltimore Asset Trades in 1031 Exchange
An out-of-state investor acquired Preston Place, a 10-unit property in the Mt. Vernon neighborhood, as part of a 1031 Exchange.
Baltimore 23 January 2019 15:22 -
Phoenix-Area Affordable Property Changes Hands
Atlantic Development & Investment sold the 184-unit asset in a 1031 exchange for nearly $23 million. The Canadian Imperial Bank of Commerce provided acquisition financing.
Phoenix 15 January 2019 14:35 -
Hunt Real Estate Secures $23M for Phoenix-Area 1031 Exchange
The 224-unit Canyon Woods and the 148-unit Shadow Rose are both slated for upgrades, with ownership set to invest roughly $3.5 million in improvements.
Phoenix 18 December 2018 17:28 -
SmartStop Affiliate Closes Equity Raising for Student Housing Portfolio
The Power 5 Conference Student Housing I DST comprises YOUnion @ Columbia, a 760-bed community, and YOUnion @ Ann Harbor, a 345-bed property.
Detroit 17 October 2018 06:45 -
Kidder Mathews Brokers San Diego-Area 1031 Exchange
Multifamily investment brokers Jim Neil, Eric Comer and Merrick Matricardi represented the buyer in the transaction involving a 26-unit apartment building in Clairemont, Calif.
San Diego 10 August 2018 14:01 -
OC Community Changes Hands in 1031 Exchange
An Avison Young team brokered the sale of Sundance West Apartment Homes. The buyer assumed an existing loan with Chase Bank.
Orange County 16 July 2018 12:53
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Penn State Development Breaks Ground
Scheduled for completion in 2020, the 12-story mixed-use complex in State College, Pa., will have 227 apartments and 30,000 square feet of retail space.
05 November 2018 17:33 -
Queens Multifamily Report – Winter 2019
Continuing to benefit from Manhattan’s spillover effect and steady job gains, the borough's rental market ended 2018 on a positive note.
21 March 2019 12:28 -
Hunt Real Estate Secures Financing for Austin Asset
The 12-building property is fully affordable, restricted to individuals and families earning 60 percent or less than the area’s median income.
29 January 2019 17:59 -
Nautilus Buys Community in Chicago’s Hyde Park
Interra Realty facilitated the $6 million transaction. Joe Smazal worked on behalf of the seller, while Ted Stratman and Jeremy Morton represented the buyer.
01 February 2019 13:02 -
ReNew Investors Lands $159M to Acquire 8 Senior Housing Communities
KeyBank Real Estate Capital’s Healthcare Lending platform provided the firm with the acquisition financing, which will be used to acquire properties in Michigan, Pennsylvania and Virginia.
28 March 2019 13:16