The Irvine, Calif., multifamily property owner purchased the property from an affiliate of Ascent Residential of Montgomery, Ala. The latest purchase price is a near 28% discount to the $73.5 million that Ascent paid for the apartments in 2023. The ...
An investment vehicle managed by BlackRock was the buyer of Camden Property Trust's 11 California apartment properties with 3,609 units. It paid $1.63 million, or $451,648/unit. JLL Capital Markets arranged the deal, along with $566.6 million in agency financing against ...
Garrett Cos. has lined up $73 million of construction financing for a pair of apartment properties with a total of 387 units it's planning to build in Colorado. The Greenwood, Ind., developer, among the most active in the country, received ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
