property type: Multifamily

An affiliate of CapREIT Inc. has paid about $35 million, or $124,113/unit, for the 282-unit Classic at the Preserve apartment complex in Woodbury, Minn. The Rockville, Md., company bought the property from an entity controlled by Steven Liefschultz, who is ...

Houston CityBizList Venterra Realty has obtained financing from Lincoln Financial Group for its Westover Oaks apartment property in San Antonio. HFF arranged the debt, which comes with a 10-year term and a 3.41 percent rate. It pays only interest for ...

Matteson Cos. has paid $28.2 million, or about $210,448/unit, for Langara, a 134-unit apartment complex at 5105 Issaquah-Pine Lake Road SE in Issaquah, Wash. The San Mateo, Calif., investment firm financed the property with a 10-year loan that pays a ...

CBRE Capital Markets has provided $38 million of Freddie Mac financing for Monterey Heights, a 332-unit apartment property in Denver that was recently acquired by Holland Partners Group. The 10-year loan pays a coupon of 3.69 percent and requires only ...