Investment Sales

The Milestone Group Buys Bucking Horse Apartments in Fort Collins

by Lynn Peisner December 18, 2025

FORT COLLINS, COLO. — Equus Capital Partners has sold Bucking Horse Apartments in Fort Collins to The Milestone Group for an undisclosed amount. Newmark arranged the sale as well as acquisition financing. Bucking Horse Apartments offers one-, two- and three-bedroom units as well as 18 townhomes with attached garages. Apartments feature open-concept layouts, private balconies or patios with exterior storage closets and kitchens equipped with stainless steel appliances and islands. Amenities are anchored by The Ranch House clubhouse, which includes a private movie theater, resident lounge space, a resort-style pool …

December 18, 2025

Illinois Investment Sales Midwest News

LaTerra, Respark Acquire $455 Million Chicagoland Portfolio from Aimco

by Lynn Peisner December 17, 2025

CHICAGO — LaTerra Capital Management, an affiliate of LaTerra Development, in partnership with Respark Residential, is under contract with Aimco (NYSE: AIV) to acquire a 1,495-unit, seven-property portfolio located across suburban Chicago submarkets including the cities of Evanston, Lombard and Elmhurst. The portfolio is being acquired at a purchase price of $455 million, with a closing targeted for the first quarter of 2026, pending the assumption of in-place mortgage loans. The joint-venture buyer has completed due diligence and partially funded a non-refundable deposit that will, under the terms of the …

December 17, 2025

Investment Sales Midwest News Wisconsin

Metropolitan Associates Sells Milwaukee Portfolio for $29.7 Million

by Lynn Peisner December 17, 2025

MILWAUKEE — CBRE has arranged a portfolio comprised of four Milwaukee properties for $29.7 million. Locally based Metropolitan Associates sold the portfolio to Brookfield, Wisconsin-based Coachlight Communities. The assets are Parkview Apartments (232 units), Lisbon Court (71 units), Hampton Gardens (30 units), and Grantosa Apartments (25 units). Metropolitan developed the properties in the 1960s and has owned them since then. CBRE’s Matson Holbrook, Gretchen Richards, Sean Beuche and Patrick Gallagher represented the seller in the transaction.

December 17, 2025

Investment Sales News Texas

Eastham Capital Sells Two Suburban Houston Assets

by Lynn Peisner December 16, 2025

HOUSTON — Eastham Capital has sold two value-add properties about 14 miles apart from each other in the northern ring of the Houston suburbs. The Boca Raton, Florida-based private equity firm purchased Kensington Crossing in 2018 and Morgan Bay in 2019 as part of the Eastham Capital Fund V portfolio alongside joint venture partner Mosaic Residential. Kensington Crossing Apartments includes a mix of one-, two- and three-bedroom units ranging from 759 to 1317 square feet. Morgan Bay Apartments includes a mix of one and two-bedroom units ranging from 561 to …

December 16, 2025

Florida Investment Sales News Southeast

Crescent Communities Sells NOVEL Nona in Orlando

by Lynn Peisner December 16, 2025

ORLANDO, FLA. — Crescent Communities has sold NOVEL Nona to an undisclosed private real estate management company. The Charlotte, North Carolina-based developer broke ground on the 260-unit, wellness-focused community in 2021. NOVEL Nona, located in Orlando’s Lake Nona area, features a fitness center with a dedicated studio for yoga and spin classes, coworking spaces, a saltwater pool with cabanas, bike storage, walking trails, a conservation area, a top-floor lounge with TVs and a craft cocktail bar, two courtyards, firepits and grills. Units feature circadian lighting (tunable lighting that mimics the …

December 16, 2025

Affordable Housing Development Investment Sales News Texas

Fairstead Acquires Houston Affordable Housing Property, Plans Redevelopment for $242 Million Total Investment

by Lynn Peisner December 15, 2025

HOUSTON — Fairstead has acquired Haverstock Hills Apartments in Houston’s East Aldine neighborhood. The New York City-based affordable housing developer will renovate the 700-unit property over the next 24 months. The redevelopment and acquisition costs came to $242 million. PNC Multifamily Capital was the debt and equity provider. Harris County Housing Finance Corp. and Rainbow Housing Corp. will continue to provide on-site social services. Located at 5619 Aldine Bender Road, Haverstock Hills comprises 44 two- and three-story buildings spanning 22 acres. Residences include a mix of studios, one-, two- and …

December 15, 2025

Finance Investment Sales News Texas

Mesa West Capital Originates $42 Million Loan for JV Acquisition in Dallas

by Lynn Peisner December 12, 2025

DALLAS — A joint venture consisting of Knightvest Capital and TPG Angelo Gordon has secured a $42 million acquisition loan originated by Mesa West Capital. The loan was used to buy and to finance an upcoming renovation of Perry Row, a 149-unit community at 6044 E. Lovers Lane in northeast Dallas, approximately six miles north of downtown. Built in 2009, the property offers a mix of one-, two- and three-bedroom townhome-style units. Amenities include a 24-hour fitness center, a resort-style pool, an outdoor kitchen and a business center. The new …

December 12, 2025

Florida Investment Sales News Southeast

StoneBridge Investments Buys Luxe at 1820 in Tampa

by Lynn Peisner December 12, 2025

TAMPA, FLA. — StoneBridge Investments has acquired Luxe at 1820 in Tampa from American Landmark for an undisclosed amount. Brian Moulder and Chris Chadbourne of Walker & Dunlop represented the seller. Acquisition financing was arranged by Connor Locke, Brenden Coleman and Skye Stansbury of Walker & Dunlop. The 300-unit garden-style property is located at 1820 Crosstown Club Place in the Tampa suburb of Brandon, about 8 miles east of downtown. The asset was constructed in 2009, and Washington, D.C.-based StoneBridge is planning to implement capital improvements during its hold. “Tampa …

December 12, 2025

Investment Sales Midwest Minnesota News

RPM Living Buys Livery in Minneapolis Exurb

by Lynn Peisner December 10, 2025

LAKEVILLE, MINN. — CBRE has arranged the sale of Livery, a 204-unit community in Lakeville, 25 miles south of Minneapolis. Texas-based RPM Living acquired the property from Indiana-based Garrett Cos. for an undisclosed amount. CBRE’s Ted Abramson, Keith Collins and Abe Appert represented the seller in the transaction. Livery is located at 5076 161st St. W. Built in 2023, the townhome community features a range of one-, two- and three-bedroom floor plans averaging 1,117 square feet each with direct-access garages. Amenities include a yoga room with Torch Fitness on demand, …

December 10, 2025

Investment Sales News Texas

Newmark Arranges Sale of Jefferson Cedar Ridge in Dallas

by Lynn Peisner December 9, 2025

DALLAS — Newmark has arranged the sale and financing of Jefferson Cedar Ridge, a 360-unit property in southwest Dallas. Newmark’s Richard Furr, Brian Murphy and Brian O’Boyle Jr. represented seller, TDI, in the transaction. Newmark’s finance team, led by Braden Harmon, Hank Glasgow and Jeff Fein, arranged acquisition financing on behalf of joint buyers Ashcroft Capital and Pearlmark Real Estate. Jefferson Cedar Ridge was developed in 2024.

December 9, 2025

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