Property Acquisitions and Dispositions
TruAmerica Multifamily, in partnership with funds managed by Eagle Realty Group, has acquired Charleston Landings and Charleston Edge, a 372-apartment home community located in the Brandon submarket of the Tampa metro. It is the 12th acquisition in Florida’s second largest market for the Los Angeles-based multifamily investment firm.
Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of Appling Lakes, a 312-unit apartment community in Memphis, Tennessee.
Brickstone Partners, a full-service real estate investment and development firm located in Nashville, Tenn., today announced the acquisition of Kensington Apartments adjacent to the University of Colorado at Boulder.
The 400-unit Element at Stonebridge is just a 10-minute drive from Virginia’s capital
The 244-unit Glen at Cypress Creek will be renamed “The Asher”
ZMR Capital has acquired Sonoma Pointe, a 216-unit garden-style multifamily community in the Kissimmee submarket of Orlando, Florida, in an all-cash deal. The Tampa-based real estate investment company increases its Orlando apartment portfolio to 1,000 units and is on pace to eclipse 4,000 units in Orlando by the end of 2022.
A joint venture between TruAmerica Multifamily and Oaktree purchased
325 units at Arbors at Carrollwood
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and closed the Fannie Mae DUS® loan assumption for Pinnacle Park at Chenal Valley, a 216-unit multifamily community located in Little Rock, Arkansas.
Long Beach, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.825 million sale of a 12-unit apartment property located at 601 Linden Avenue in the East Village Arts District neighborhood of downtown Long Beach, CA.
