The Milestone Group

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  • Milestone Buys in Denver and Atlanta

    Milestone buys two properties for a combined $78 million; Bell Partners buys an apartment community in the Baltimore-D.C. metro area; and Sabra Health Care REIT purchases a seniors housing campus in Indiana.

    Washington Dc 01 May 2014 16:58
  • Milestone Apartments REIT to Acquire 358-Unit Canyon Chase Apartment Community

    Milestone Apartments REIT recently announced it has entered into an agreement to acquire the 358-unit Canyon Chase apartment community. Located in the Westminster submarket of Denver, Colorado, the garden style multifamily apartment community was built in 1986. The Toronto-based REIT acquired the property for a purchase price of $40.5 million, represented an estimated initial capitalization rate of 6.55 percent and the transaction is expected to be immediately accretive to the REIT’s AFFO per unit.

    Denver 25 July 2013 15:48
  • Milestone Apartment REIT Completes $200M IPO

    A Canadian investor goes public, plans large U.S. buy; Pennrose is selected as the co-developer for an affordable/public housing development in Brooklyn; and Cassidy Turley represents Mark-Taylor, Kitchell Development in joint venture purchases totaling 30 acres.

    National 08 March 2013 17:40