Altus Equity Group, a prominent alternative asset firm, recognized as a consistent provider of above market returns through disciplined due diligence, shrewd acquisition, and exemplary management, is excited to announce its newest acquisition in the south-central United States, the $4 Million Dollar - 98 unit Sunset Ridge complex located in Edmond, Oklahoma, a suburb ofOklahoma City. Sunset Ridge, combined with this year's earlier large...
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and secured financing for a 31-property, Low Income Housing Tax Credit (LIHTC) portfolio totaling 8,498 units in various Florida locations. HFF marketed the portfolio exclusively on behalf of The Wilson Company. Starwood Property Trust, an affiliate of Starwood Capital Group (Starwood), purchased the offering for $563.5...
Berkshire Group announced the purchase of One Santa Fe in Los Angeles, California. The 438-unit Class A apartment community located in the Arts District of Los Angeles will be managed by Berkshire Communities, the property management division of Berkshire Group. “The purchase of One Santa Fe reflects our focus on purchasing quality multifamily properties in select markets across the country,”...
Resource Real Estate Opportunity REIT II, Inc. (“Opportunity REIT II”), a non-traded real estate investment trust sponsored by Resource Real Estate, Inc., today announced the acquisition of the Breckenridge Apartment Homes (“Breckenridge”) in Portland, Oregon. Breckenridge is a 357-unit garden style multifamily residential community built in 1985 and consisting of 270,240 net rentable square feet. The property offers amenities including a...
Emma Capital Investments Inc. ("Emma Capital") is pleased to announce the completion of the acquisition of Crosswinds Apartments, a 374–unit garden style multi-family apartment community located at 868 South Arizona Avenue, Chandler, AZ 85225 (submarket of Phoenix), Arizona(the "Property") at a purchase price of US$22,000,000 Million. This is Emma Capital’s 14th purchase in the United States and brings Emma Capital’s total...
