property type: Multifamily
Regency Woods
Archstone bought the property in November 1999 for $23.5Mln
Meadow Pines
Buyer to spend $750,000 in capital improvements to reposition 1309 W. Mission Blvd. over next year
Apple Creek Apartments
Gated property is 94% occupied. Its one- and two-bedroom units average rents of $1,215-$1,535 per month.
Stoneridge at Diablo Hills
GMAC provided $44Mln loan and GMAC Institutional Advisors had provided an equity investment for the purchase
Enclave Apartments
at 9202 E. Arbor Circle; Trimark plans to convert it into condos.
Clarion Fund Sells Atlanta Apartments for $28Mln
September 27, 2001 NEW YORK – Clarion Partners has sold a three-property portfolio of Atlanta apartment complexes for $28 million, or nearly $163,750/unit.The advisory firm sold the three properties, which are in the Buckhead area of the city, to Hanna ...
General Investment Sells Long Island Apartments
September 27, 2001 General Investment & Development Co. has sold Windsor Village at Hauppauge on Long Island, N.Y., to Home Properties (NYSE:HME).As previously reported, Home paid $47.5 million for the 297-unit complex. At the time, the seller could not be ...
Roberts Realty Gets $21Mln Loan for Fla. Apartments
September 27, 2001WELLINGTON, Fla. – Roberts Realty Investors (Amex:RPI) has received $21 million in permanent, fixed-rate financing from State Farm Life Insurance Co. to purchase the St. Andrews at the Polo Club.The purchase price was not disclosed The 10-year loan ...
Post Sells Atlanta Complex, Dallas Parcel for $24.7Mln
September 26, 2001 ATLANTA – Post Properties Inc. (NYSE:PPS) has sold the Post Pointe in Atlanta and a land parcel in Dallas for a total of $24.7 million.The 360-unit Post Pointe apartment complex has been sold to Group One Investments, ...
AMI Provides $10Mln Loan to Refinance Fla. Apartments
September 25, 2001 WEST PALM BEACH, Fla. – AMI Capital has provided a roughly $10 million loan through its Fannie Mae Delegated Underwriting and Servicing program in part to refinance the 192-unit Country Lake Apartments. The borrower was not disclosed. ...
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