Cardone Capital has paid $899 million, or $318,794/unit, for the 282-unit Orchid Run apartment property in Naples, Fla The Aventura, Fla, investment manager raises capital from retail investors and invests it in apartment properties, mostly in the...
Sixteenth Floor Residential has paid $644 million, or $221,306/unit, for Crest at Brier Creek, a 291-unit apartment property in Raleigh, NC The El Paso, Texas, nonprofit acquired the property, on 1448 acres at 6450 Viewpointe Circle, from Millburn...
JLL Capital Markets has provided $42 million of Fannie Mae mortgage financing against Portola Bridge Creek, a 270-unit apartment property in Vancouver, Wash, owned by SB Real Estate Partners of Irvine, Calif The Fannie loan pays a fixed coupon and...
Prime Finance has provided $405 million of financing against the 162-unit Payton Apartments in Portland, Ore JLL Capital Markets secured the five-year loan on behalf of the property’s owner, ColRich of San Diego The seven-story property was...
Commercial Real Estate Direct Staff Report An affiliate of Greystar has paid $58 million, or $210,909/unit, for the 275-unit Parc Roundtree Ranch apartment property in the Phoenix suburb of Peoria, Ariz The Charleston, SC, investment manager...
Bedford Affordable Housing Foundation has purchased the 416-unit Anthem Clearwater apartment complex in Clearwater, Fla, for $70 million, or $168,269/unit The Beverly Hills, Calif, nonprofit acquired the property, at 2770 Roosevelt Blvd, from...
Alternative lender 3650 Capital has provided $24 million of financing to fund the construction of a 949-unit self-storage property in Yonkers, NY Construction of the property, which will be branded and operated by CubeSmart, got underway in 2022 on...
A fund managed by Morgan Stanley Real Estate Investing has paid $7935 million, or $28639/sf, for two industrial properties with 277,073 square feet in the Phoenix area The two are the 196,764-sf AMPlify Chandler at 6505 West Chandler Blvd in...
Atlanta Business Chronicle An affiliate of RangeWater Residential has paid $549 million, or $196,071/unit, for the Blaine at Buckhead West, a 280-unit apartment community in Atlanta The local real estate developer bought the property from Bell...
Dallas Business Journal BH Properties has bought the Tollway North Office Park in the Dallas suburb of Plano, Texas The Los Angeles investor purchased the more than 297,000-square-foot property from KBS of Newport Beach, Calif The purchase price was...
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