Trophy high-rise in Seattle’s South Lake Union acquired by Continental Properties SEATTLE, October 2, 2019 – JLL announced today that it has closed the $216.1 million sale of Met Tower, a trophy 366-unit, high-rise multi-housing building located in the heart of Seattle’s vibrant South Lake Union neighborhood. JLL marketed the property exclusively on behalf of the seller and procured the buyer,...
Burlington Capital, LLC (“Burlington Capital”) and Greystone & Co., Inc. (together with its affiliates, “Greystone”), today jointly announced they have successfully completed the previously announced sale by Burlington Capital and one of its subsidiaries interests in America First Capital Associates Limited Partnership Two (“AFCA 2”) to Greystone. AFCA 2 is the general partner of America First Multifamily Investors, L.P. (Nasdaq:...
Community of 83 Townhomes to Offer Affordable Housing Options Expected to Start in the Low $300,000s The Hoffman Company, a leader in the land brokerage industry, has successfully closed the purchase of Meadowlark, a fully entitled residential community that will feature 83 townhomes in southwestern Riverside County at affordable prices expected to start in the low $300,000s. The buyer is D.R. Horton and the...
132-Unit Creekside Village Apartment Community Purchased for $29 Million Continuing the expansion of its multifamily value-add platform, San Diego-based Pathfinder Partners has acquired Creekside Village Apartments – a 132-unit multifamily community at 3100 Falk Rd. in Vancouver, Wash. – for $29 million from an affiliate of the ConAm Group. Constructed in 1992, the 12.08-acre project consists of 15 two-story residential townhome...
Commercial Real Estate Investment Firm Has Acquired More Than 2,000 Units in the Last 12 Months San Diego-based Tower 16 Capital Partners has acquired The District at Grand Terrace, a 352-unit multifamily project in Colton, Calif., for $63,050,000. The project was acquired on an off-market basis from FPA Multifamily. Tower 16 will be overseeing $4 million in renovations and...
