Property Acquisitions and Dispositions
Berkadia announces it has arranged the sale of West Vue, a 442-unit, brand-new, luxury garden-style apartment community within Orlando’s sought-after and award-winning MetroWest master-planned community. The property is encumbered by a long-term ground lease, a unique concept to multifamily product in Central Florida.
Developer Properties will transform the 126-room Excelsior Hotel into a Class A apartment property
Town Center Lofts, located next to the Brazos Town Center, sold in an off-market transaction to Redwood Capital Group/Heitman
Los Angeles, Calif. – Gelt, Inc. is pleased to announce it has sold 3300 Tamarac, a 564-unit apartment community located at 3300 S Tamarac Drive in Denver, CO. The asset sold for $141 million to San Diego-based MG Properties Group. The brokers for the transaction were Dave Martin and Brian Mooney of Northmarq.
TRANSCENDENT ELECTRA SIGNS AGREEMENT TO PURCHASE MORE THAN $1.25 BILLION IN BUILD-TO-RENT HOMES