WASHINGTON D.C. – JLL announced today it has closed the $141 million sale of Atley on the Greenway, a 496-unit, transit-oriented apartment community in the Washington, D.C.-area community of Ashburn, Virginia.

On September 18, 2019, Admiral Capital Real Estate Fund II, LP ("ACRE II"), an affiliate of Admiral Capital Group ("Admiral"), and Security Properties ("SP") purchased Cambridge at Hickory Hollow, a 360-unit multifamily property located in Nashville, Tenn. 

PORTLAND, ORE. – JLL announced today that it has closed the $116.13 million sale of Riva on the Park, on behalf of Barings, one of the world’s largest diversified real estate investment managers. The property is a 294-unit, transit-oriented residential high-rise prominently located adjacent to the Oregon Health & Science University (“OHSU”) in Portland’s South Waterfront neighborhood.

Greystone Provided $7.2 Million in Freddie Mac Financing for the Transaction

Greystone Brown Real Estate Advisors announced it has closed the $25,975,000 sale of Independence Place, a multifamily property in Hinesville, GA. Greystone Brown advised the seller and brought the buyer, Reynolds Asset Management, to the deal. The sale was handled by Taylor Brown, Jim Jarrell, and Bo Brown.

Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.75 million sale of Shoreland Plaza Apartments, a 20-unit apartment property in prime Santa Monica near the cross streets of 2^nd Street and Montana Avenue.  

HOUSTON, TX - American Landmark Apartments (American Landmark), one of the fastest-growing multifamily owner-operators in the country, has acquired Elan 99 West, a 360-unit multifamily community in the suburban Houston community of Katy, Texas. The property will undergo a $1.35 million capital improvements project program and be renamed Elite 99 West.

Afton Properties acquired the 800-unit Sunset Ridge Apartments in Lancaster