Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the sellers of the Langtree Lake Norman, a 300-unit midrise multifamily project in Mooresville. Berkadia brokered the deal. LangTree Lake Norman…
MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 5410 Indian Head Highway, a three-story, 22,800-square-foot office building in the Oxon Hill section of Prince George’s County, Maryland, for $2.3 million. Former owner Indian Head Assets acquired the three-story building…
An apartment complex off George W. Liles Parkway in Concord changed hands in a recent sale. Tower Place Apartments sold for $22.3 million. The buyer was Silverado Interests. The 128-unit complex was sold by GVA. The Charlotte Business Journal report…
GBT has spun off the 201-unit Parke West apartment tower for $72.5 million, nearly $350,000 a unit. Elmington Residential was the buyer. GBT developed the 17-story tower near the intersection of Murphy Road and West End Avenue, which opened in 2022. The…
General Services Corp. paid $88.2 million for a 322-unit apartment complex in West Nashville, which is just over $270,000 a unit. Cortland Partners was the seller. It paid $69.95 million for the property in 2017. The Cortland Bellevue apartments are…
Passive Investing has unloaded a 232-unit Lake Norman apartment complex for $55 million. Inwood Holdings was the buyer. Built in 2014, the apartment complex is situated near the shores of Lake Norman, North Carolina’s largest man-made body of fresh water,…
Equity Residential paid $108 million for a 425-unit Sandy Springs apartment complex. The multifamily community, The Bishop, was sold by a Blackstone affiliate. This transaction follows Equity Residential’s paying close to $1 billion for an apartment portfolio that included four…
Mesa Capital Partners has acquired a 282-unit apartment complex in West Midtown Atlanta. The company paid $70.5 million for The Mill at Westside, which was sold by Starlight Investments. The Atlanta Business Chronicle reports that the property last sold for…
A private local owner has hired Colliers Chicago’s capital markets team of Alissa Adler and John Homsher, CCIM, and the multifamily team of Tyler Hague and Lauren Stoliar, to market a 55,033-square-foot, mixed-use property at 1770 1st Street in Highland…
TruAmerica Multifamily acquired Westmont Commons, a 252-unit multifamily community in Asheville, NC. The asset was purchased off-market for $49,875,000 in partnership with Spoke Real Estate Capital. The seller was undisclosed. TruAmerica Multifamily’s Bob Hart added, “We expect to deliver an…
End of content
End of content
