Investment Sales

Eastham Capital, Bender Cos. Acquire Fox Run in Chicago Suburb for $32.4M

by Lynn Peisner September 4, 2026

ST. CHARLES, ILL. — Eastham Capital, along with operating partner Bender Cos., has acquired Fox Run Apartments, a 220-unit property in St. Charles, 40 miles west of Chicago. Birmingham, Michigan-based real estate investment firm M Group, in partnership with Chicago-based RUME Capital, sold the asset for approximately $32.4 million. Fox Run Apartments was built in 1973 and is a four-building community made up of one-, two- and three-bedroom units along with a pool, picnic and grilling areas, package lockers, laundry facilities and off-street parking. Monthly asking rents currently average $1,703, …

September 4, 2026

California Investment Sales News Western

MBK Rental Living, Haseko Sell Zia in Anaheim

by Lynn Peisner September 4, 2026

ANAHEIM, CALIF. — MBK Rental Living and development partner Haseko Corp. have sold Zia, a 315-unit community in Anaheim that opened in September 2024, for an undisclosed price. The buyer was an unnamed institutional investor. Zia is a five-story community with studios and one-, two- and three-bedroom residences along with a 24-hour fitness center, pool with grill and bar areas, a dog park and spa, coworking spaces that include conference rooms, courtyards and a game lounge with a race car simulator.

September 4, 2026

Investment Sales News Texas

IPA Arranges Sale of Dry Creek Ranch in Metro Dallas-Fort Worth

by Lynn Peisner September 3, 2026

NORTHLAKE, TEXAS — Institutional Property Advisors (IPA) has arranged the sale of Dry Creek Ranch, a 456-unit property in Northlake, a northern suburb of the Dallas-Fort Worth metro area. IPA’s Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Shelby Vosburg represented the seller, Western Securities, a Canadian real estate holding company, and procured the buyer, Denver-based Bow River Capital. Completed in two phases in 2007 and 2014, Dry Creek Ranch is a controlled-access, three-story, garden-style property with a pool, playground, basketball court, on-site laundry facility, business center and car …

September 3, 2026

Investment Sales Midwest News Wisconsin

Peak Capital Acquires Cudahy Commons in Metro Milwaukee for $18.1M

by Lynn Peisner September 3, 2026

CUDAHY WIS. — Greysteel has arranged the $18.1 million sale of Cudahy Commons, a 142-unit property at 2810 E. Edgerton Ave. in Cudahy, 7 miles south of Milwaukee. Greysteel represented the seller, an unnamed private investor. Peak Capital acquired the asset. Greysteel’s team was comprised of BJ Connolly, Doug Banerjee and Ryan Carter. Amenities include a pool, fitness center, clubhouse and dog park. According to Apartments.com, the community offers one- and two-bedroom units and was developed in 1978.

September 3, 2026

Florida Investment Sales News Southeast

Fairfield Acquires 812-Unit Portofino in West Palm for $208M

by Lynn Peisner September 2, 2026

WEST PALM BEACH, FLA. — San Diego-based Fairfield Residential has acquired the 812-unit Portofino Place in West Palm Beach. The asset sold for $208 million, and the seller was Atlanta-based Cortland Partners, according to the South Florida Business Journal. Located at 4400 and 4600 Portofino Way, the property is comprised of one-, two- and three-bedroom apartments as well as two-story lofts and four resort-style pools. Additional amenities include a 24-hour fitness center, yoga studio, pickleball and tennis courts, indoor basketball court, coworking space, dog park, guest suite accommodations and multiple social …

September 2, 2026

Investment Sales Midwest Minnesota News

Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota

by Lynn Peisner September 2, 2026

ROCHESTER, MINN. — Cushman & Wakefield has arranged the $7.3 million sale of Cascade Apartments in Rochester. Patina Management was the seller, and Black Swan Living was the buyer. Cushman & Wakefield’s Chris Collins, Lance Steiger, Evan Miller and Erin Salway represented Patina in the transaction. Located at 957 Pendant Lane NW, Cascade Apartments was developed in 2016 and is comprised of studios, one- and two-bedroom units. The property, about 4 miles northwest of the Mayo Clinic, features in-unit washers and dryers, electric vehicle charging stations and outdoor gathering spaces. …

September 2, 2026

Investment Sales New Jersey News Northeast

JLL Brokers Sale of 100-Unit Valley View Apartments in Paterson, New Jersey

by Lynn Peisner September 2, 2026

PATERSON, N.J. — Redwood Associates, an affiliate of Value Cos. Inc., has sold Valley View Apartments in Paterson, New Jersey, to EOM Equity for an undisclosed sum. JLL’s Jose Cruz, Mike Oliver, Steve Simonelli, Elizabeth DeVesty and Austin Pierce represented the seller in the transaction. The 100-unit property was 99 percent occupied when the transaction closed. Built in 1965, Valley View Apartments is comprised of one- and two- bedroom units as well as on-site laundry and storage spaces for residents.

September 2, 2026

Investment Sales News Texas

Fogelman Properties Acquires Ovilla at Legacy Square in Metro Dallas

by Lynn Peisner September 1, 2026

RED OAK, TEXAS — Thompson Realty Capital and Trez Capital have sold The Ovilla at Legacy Square in Red Oak, about 19 miles south of Dallas, to Fogelman Properties for an undisclosed sum. Institutional Property Advisors’ Michael Ware, Joey Tumminello, Drew Kile and Taylor Hill brokered the transaction on behalf of the sellers. The Ovilla at Legacy Square is a three-story, garden-style asset completed in 2023 on approximately 18 acres. Community amenities include a resort-style pool, clubhouse, outdoor gas grills and a dog park. Apartments feature granite countertops, stainless-steel appliances …

September 1, 2026

Investment Sales News Washington Western

Freestone Capital Acquires 106-Unit Seattle Asset for $32.2M

by Lynn Peisner August 31, 2026

SEATTLE — PrivatePortfolio Group has sold Aperture on Fifth, a 106-unit community in the Denny Triangle neighborhood of Seattle, to Freestone Capital for $32.2 million. Both parties are based in Seattle. Giovanni Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors (IPA) represented the seller and procured the buyer. Aperture on Fifth, built in 2014, is comprised of studios, one- and two-bedroom apartments along with a central atrium courtyard, rooftop deck with a bocce ball court, fitness center, bike storage, package lockers, pet wash area and …

August 31, 2026

Investment Sales New York News Northeast

CBRE Arranges $30M Sale of Brookly Property

by Lynn Peisner August 31, 2026

NEW YORK CITY — CBRE has brokered the $30 million sale of 59 Bogart Street, a 51-unit building located in the East Williamsburg section of Brooklyn. The CBRE team of Robert Shapiro and Ian Brooks represented the seller and procured the buyer in the transaction. The property sits above the Morgan Avenue L train station and includes one-, two- and three-bedroom loft-style units. Amenities include in-building laundry, a lounge, fitness center, bike room, roof deck with a barbecue area and communal outdoor spaces.

August 31, 2026

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