Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has completed the sale of 101 North Ripley Apartments, a residential community consisting of 189 multifamily units in Alexandria, Virginia, for $50.1 million. Situated near the intersection of VA Routes 236 (Duke Street) and 401 in the Washington, D.C./Interstate 395 corridor, the asset was acquired by Willow Creek Partners, a D.C.-based real estate investment and management firm. CRC was represented by CBRE, led by Bill Roohan, Robert Dean and Jonathan Greenberg.

Standard Communities, a major affordable housing investor and developer, has led a public-private partnership to acquire three affordable senior mixed-income housing communities totaling 559 rental units in California.

TruAmerica Multifamily has acquired The Dakota, a 156-unit garden-style apartment community in Lacey, WA, a suburb of Olympia for $54 million.  The 15-year-old institutional quality asset brings the number of multifamily units in TruAmerica’s Puget Sound portfolio to approximately 2,300 units.  

This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it. of Northcap Commercial are pleased to announce the recent sale of the 3842 Royal Crest Street Apartments for $951,500 ($118,938/unit). This sale consisted of 8 units built in 1963 located at 3842 Royal Crest Street in Las Vegas, Nevada.

This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it. of Northcap Commercial are pleased to announce the recent sale of the 3828 Hazelwood Street Apartments for $1,730,000 ($96,111/unit). This sale consisted of 18 units built in 1971 located at 3828 Hazelwood Street in Las Vegas, Nevada.

Link Senior Development and The Roxborough Group, LLC today announce the acquisition of Park Terrace Senior Living, an amenity rich, 301-unit independent living and assisted living community in Phoenix, Arizona.  

Berkadia announces it has arranged the sale of Lenox Clear Lake, a ­380-unit, Class A garden-style multifamily community in Houston, Texas. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris Young and Joey Rippel and Director Kyle Whitney of Berkadia Houston marketed the property on behalf of the seller OHT Partners, a multifamily developer based in Austin, Texas. The Praedium Group, a real estate investor based in New York City, acquired the property.

TruAmerica Multifamily purchased the 156-unit Dakota Apartments