Los Angeles (May 25, 2022) — DB Capital Management (DB Capital) has acquired Cleo Apartments, a 142-unit multifamily community in the Lowry submarket of Denver for $38 million.

Los Angeles (May 25, 2022) — DB Capital Management (DB Capital) has acquired Cleo Apartments, a 142-unit multifamily community in the Lowry submarket of Denver for $38 million.

The 250-unit property, Verso Luxury Apartments sold to ECI Group

TruAmerica Multifamily has acquired Villas at West Road, a 240-apartment home community located in northwest Houston. With its 11th purchase in the Lone Star State, the Los Angeles-based multifamily investment firm has built its Texas portfolio to approximately 3,300 units in less than 18 months, including 900 units in the Houston MSA.

News From The Mogharebi Group

DALLAS – JLL Capital Markets announced today that it has closed the $58.3 million construction financing for The View at Sapphire Bay, a Class A, 394-unit, mid-rise multi-housing community located on the shore of Lake Ray Hubbard in Rowlett, Texas.

ATLANTA, May 12, 2022 – JLL Capital Markets announced today that it has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multi-housing asset in the Wedgewood-Houston neighborhood of Nashville, Tennessee. 

WASHINGTON, D.C. – JLL Capital Markets announced today that it has arranged the $19.45 million in acquisition financing for River Bay Townhomes, a 173-unit, value-add multi-housing community in Lexington Park, Maryland.