Cortland bought the former Gardens at East Cobb in Marietta, a 484-unit apartment community previously owned by NALS Apartment Homes. The company paid $95.75 million, that’s just under $200,000 a unit. The property has been renamed Cortland Woodlands. The Atlanta…
Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago and Milwaukee metropolitan areas. Berkadia Seniors Housing & Healthcare, led by Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and…
INDUS Realty Trust, Inc. acquired a majority interest in a 4.3 million square foot logistics portfolio comprising 21 buildings (the “Carolinas Portfolio”). This acquisition is part of a recapitalization of approximately one-third of Childress Klein’s (“CK”) 13.2 million square foot…
Blue Vista Capital Management, a Chicago-based real estate investment management firm, in partnership with Clarion Partners, announced the acquisition of a four-property student housing portfolio from Columbus Pacific Group. The portfolio consists of four well-located, Class-A student housing communities totaling…
Brookfield Properties joined a wave of investors banking on an impending resurgence in apartment demand with an $845M purchase of multifamily properties in Nevada, North Carolina, Arizona and Ohio. Brookfield Properties bought eight multifamily properties from Blackstone REIT, including Monaco…
Ventas Inc. bought the four-story assisted living facility Camellia at Deerwood at 10061 Sweetwater Parkway for $27.4 million from Chicago Pacific Founders. Both are Chicago-based companies. The property adds to Ventas’ 800-plus senior housing communities, including five in Jacksonville. The…
AW Properties obtained $55.2 million in financing for a nine-property medical portfolio totaling 297,500 square feet in Burlington, Durham and Greensboro, North Carolina. The loan proceeds were used to acquire the portfolio. JLL placed the 10-year, fixed-rate loan with a…
Jay Nuss Realty Group, LLC completed the sale of a 37-unit, nine-masonry building apartment portfolio in Quincy, MA. The undisclosed buyer paid $10 million. The investment team of Angela Nuss, Liz Tavares and Jay Nuss represented the seller, BAZ, LLC, and also procured the buyer for…
CBRE arranged a $171.4 million loan to refinance the “Southeast Grocery-Anchored Portfolio” (Portfolio), which includes eight properties located throughout Tennessee, Kentucky, Georgia and Florida. The portfolio totals nearly 1.2 million square feet of retail space and was 96.6% leased at…
Harrison Street has announced the $893 million sale of 14 student housing assets to affiliates of The Scion Group and a major institutional investor. The portfolio includes assets at 13 universities and 11 states across the U.S., and comprises 8,724…
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