Property Acquisitions and Dispositions
Berkadia announces it has arranged the acquisition financing for The Canopy Apartment Villas, a 296-unit rental community located in Orlando, Florida.
Fogelman Properties (Fogelman), one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of the newly rebranded Venue at Carrollton, a community formerly known as Renew at Carrollton. Fogelman acquired the 111-unit luxury apartment community in Carrollton, Georgia and has since renamed it to align with upcoming renovations and property enhancements.
ORLANDO, June 2, 2022 – JLL Capital Markets announced today that it has closed the $5.45 million sale of The Vues, an approximately 2.35-acre, in-fill multi-housing development site located on the Indian River in Downtown Melbourne, Florida.
Vista Investment Group has acquired SoCo Apartments, a 122-unit multifamily community located in Austin, TX. It is the Los Angeles-based private investment firm’s first multifamily investment in the Texas Capital. Vista entered the market in December 2021 with the acquisition of Park Central, a 114,000-square-foot office building in North Austin.
TruAmerica Multifamily, owner and operator of more than 3,000 multifamily units in the Phoenix metro, has acquired Rise on Peoria, a 164-unit garden-style apartment community for $45.4 million.
Laguna Point Properties has acquired the 996-unit The Harmon at 370, the largest multifamily community in Las Vegas, in an off-market transaction valued at $126 million.
WASHINGTON, D.C., May 23, 2022 – JLL Capital Markets announced today that it has closed the sale of 1221 and 1331 S. Eads St., a 534-unit, value-add multi-housing community in Arlington, Virginia.
CHICAGO, May 19, 2022 – JLL Capital Markets announced today that it has closed the sale and arranged the $37.25 million financing of Aspen Heights Starkville, a 958-bed, cottage-style, student-housing community near the campus of Mississippi State University in Starkville, Mississippi.
San Francisco, CA – JLL Capital Markets announced today that it has arranged the $8.2 million in acquisition financing for Sunnyview Village, a 58-unit, value-add, garden-style multi-housing community in Salem, Oregon.
