Investment Sales

Avalon-Townhomes-Avondale
ArizonaBerkadiaInvestment SalesNewsWestern

Berkadia Arranges $30.1M BTR Trade in Phoenix Metro

by Lynn Peisner

AVONDALE, ARIZ. — Avalon Townhomes, a 70-unit rental townhome community 18 miles west of Phoenix, has been acquired by LVP Partners for $30.1 million. Mark Forrester, Andrew Curtis and Ryan Boyle of Berkadia Phoenix led the transaction on behalf of the seller, Bela Flor & TruVista Development. The property opened in 2025, offering a mix of two- and three-bedroom townhomes with dedicated driveways, enclosed backyards and electric vehicle chargers. Community amenities include a resort-style pool and hot tub, a pet park, an outdoor fitness circuit, grilling area and guest parking.

Continue Reading
0 FacebookTwitterLinkedinEmail
Pointe-Grand-Savannah
GeorgiaInvestment SalesNewsSoutheast

Henderson Park, Green Room Partners Buy Pointe Grand in Savannah, Georgia

by Lynn Peisner

PORT WENTWORTH, GA. — Henderson Park and Green Room Partners have acquired Pointe Grand, a 288-unit garden-style community in Port Wentworth, a suburb of Savannah. The sales price and seller were not publicly disclosed, but Hillpointe sold the asset in 2022 for $86.4 million. Built in 2021, Pointe Grand is situated on 36 acres and is comprised of two-bedroom units. Amenities include a pool, a 24-hour fitness center, a dog park, a firepit, clubhouse, valet trash services, a coffee and tea bar and a picnic area with grills.

Continue Reading
0 FacebookTwitterLinkedinEmail
Fountain-Ridge-Pleasant-Prairie
BerkadiaFinanceInvestment SalesMidwestNewsWisconsin

Santefort Real Estate Group Buys Two Wisconsin Properties for $69 Million

by Lynn Peisner

PLEASANT PRAIRIE, WIS. — Berkadia has arranged the sale of two properties, Cobblestone Creek and Fountain Ridge, in Pleasant Prairie, Wisconsin, a village about 37 miles south of Milwaukee and 56 miles north of Chicago. The buyer was Illinois-based Santefort Real Estate Group. The undisclosed seller was represented by Pete Evans of Berkadia Chicago and Richard Evans of Berkadia Milwaukee. The deal closed on Feb. 11, at which time both properties were fully occupied. Laura Cathlina, Chris Blechschmidt and Emily Stang of Berkadia Chicago arranged approximately $69 million in acquisition financing …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lyra-Coon-Rapids
Investment SalesMidwestMinnesotaNews

MLG Capital Buys Lyra Apartments in Twin Cities Metro

by Lynn Peisner

COON RAPIDS, MINN. — JLL has arranged the sale of Lyra at Riverdale Station, a 180-unit property in the Twin Cities suburb of Coon Rapids. JLL represented the undisclosed seller and secured the buyer, Wisconsin-based MLG Capital. Acquisition financing was secured by MLG assuming the property’s existing HUD loan. Along with Lyra, Aster, an adjacent multifamily property, comprises the residential component of Riverdale Station, a walkable district with retail, grocery and restaurant offerings. JLL’s team was led by Josh Talberg and Joseph Peris.

Continue Reading
0 FacebookTwitterLinkedinEmail
ColoradoInvestment SalesNewsWestern

Thompson Thrift Sells Notch66 in Longmont, Colorado

by Lynn Peisner

LONGMONT, COLO. — Thompson Thrift has sold Notch66, a 336-unit property in Longmont, approximately 20 miles northeast of Boulder, Colorado. Arizona-based The Wolff Co. acquired the asset for an undisclosed cost. Thompson Thrift developed the property, launching construction in 2022 and completing it in June 2024. At the time of the sale, Notch66 was 93 percent occupied. Indiana-based Thompson Thrift has developed 22 properties in Colorado, including three in Longmont. Notch66 features one-, two- and three-bedroom apartments with private yards and detached garages in select units. Amenities include a clubhouse, …

Continue Reading
0 FacebookTwitterLinkedinEmail
633-S-Laflin-Chicago
IllinoisInvestment SalesMidwestNews

Greenstone Partners Arranges $3M Chicago Sale

by Lynn Peisner

CHICAGO — Greenstone Partners has arranged the sale of 633 S. Laflin St., a 16-unit community in Chicago’s Little Italy/University Village area. The asset traded between two undisclosed parties for approximately $3.1 million. The three-story building features a mix of one- and two-bedroom apartments. The property includes surface parking. Greenstone Partners’ Tom Galvin and Brewster Hague represented the seller, a private local owner, and procured the purchaser, a private partnership based in Illinois.

Continue Reading
0 FacebookTwitterLinkedinEmail
La-Roca-Plaza-Santee
CaliforniaInvestment SalesNewsWestern

CBRE Arranges $26.5M Sale in Metro San Diego

by Lynn Peisner

SANTEE, CALIF. — CBRE has arranged the $26.5 million sale of La Roca Plaza, a 100-unit property located at 10032 North Magnolia Ave. in Santee, about 20 miles northeast of San Diego. CBRE’s Conor Brennan and Rachel Parsons represented both the buyer and seller in the transaction. The parties were doing business as Casa La Roca Apartments LLC and La Roca Plaza LP. Situated on 4.6 acres, La Roca Plaza offers a mix of one-, two- and three‑bedroom floor plans. Amenities include a pool, playground, central courtyard, on-site laundry, high-speed …

Continue Reading
0 FacebookTwitterLinkedinEmail
Rise-120-Georgetown
Investment SalesNewsTexas

Machine Investment Group Buys Rise 120 in Georgetown, Texas

by Lynn Peisner

GEORGETOWN, TEXAS — Machine Investment Group (MIG), a New York City-based investment firm, has acquired Rise 120, a 227-unit community in Georgetown, 26 miles north of Austin, Texas. The property, which opened in 2024, also includes 15,000 square feet of retail. MIG partnered with San Diego-based Alta Real Estate Partners on the deal. Walker & Dunlop represented the undisclosed seller. MIG plans to add amenities, such as a golf simulator, sauna and cold plunge. Existing amenities include a pool, fitness center, resident lounge, a grill area and a dog park.

Continue Reading
0 FacebookTwitterLinkedinEmail
Panther-Riverside-Park-Atlanta
GeorgiaInvestment SalesNewsSoutheast

Marcus Partners, ECI Buy Panther Riverside Parc in Atlanta

by Lynn Peisner

ATLANTA — Marcus Partners and ECI Group have partnered to acquire Panther Riverside Parc, a 280-unit community in the Sandtown submarket of Atlanta, which is approximately 14 miles west of downtown. The deal was sourced directly from the seller, Panther Residential. The sales price was undisclosed. Panther Riverside Parc was developed in 2010. Boston-based Marcus Partners and Atlanta-based ECI are planning upgrades during the hold. ECI will manage the community, which features a clubhouse, pool with cabanas, a fitness center, a playground and more. According to the property website, monthly …

Continue Reading
0 FacebookTwitterLinkedinEmail
Vista-View-Charleston
Affordable HousingInvestment SalesNewsSoutheastWest Virginia

MMG Arranges Trade of Affordable Housing Property in Charleston, West Virginia

by Lynn Peisner

CHARLESTON, W.V.A. — MMG Real Estate Advisors has arranged the sale of Vista View, a 333-unit affordable housing community located at 1300 Renaissance Circle in Charleston. The transaction was handled by MMG’s Kyle Shoemaker and Bill Brading. Vista View is a Housing Assistance Payment (HAP) and Low-Income Housing Tax Credit (LIHTC) property that was sold by Ten South Management. MMG arranged a capital structure that allows the undisclosed buyer to acquire and renovate the property via financing arranged through KeyBank.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.