Elm Creek Apartments

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    Metro 102 Apartments, an affordable apartment community in Ontario recently changed hands for $35 million. The purchase was capitalized primarily with foreign investment money.

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    TNJ Properties acquired Orchard Drive Associates' 264-unit Orchard Drive Apartments in Whitehall, Pa., and Presidential Associates' 268-unit Presidential Court Apartments in Runnemede, N.J.

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  • Greysteel Tapped Exclusive Advisor, Sale Agent for D.C. Community

    The company’s Managing Director Kyle Tangney and Investment Associate Herbert Schwat will be responsible for marketing the 24-unit residential asset. According to public records, the property last traded for almost $1.4 million back in 2012.

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    The company received the exclusive listing for 512 South Third St., a 400-bed student housing community within walking distance of the University of Illinois' main campus.

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  • Kushner Cos. Lands 1,032-Unit NJ Community

    A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

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    Landon Family Trust purchased the five-unit property in Ocean Beach for $1.6 million from The Frederick W. and Leone P. Jackson Trust.

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  • McFarlin Buys Land for Senior Living Community in Phoenix

    In a deal arranged by Avison Young, the company has acquired a nearly 7-acre property where the 80-unit Mariposa Point at Algodon Center will be developed.

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    Aedis Real Estate Group's Hope on Alvarado is the first in a series of area developments using shipping containers as a primary building material. The community will provide support services for people transitioning from homelessness.

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