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Tampa apartments sold for $31 million in quick value-add flip

A New York investor that bought a Northeast Tampa apartment complex in 2017 has sold it after making several improvements to the property. River View Apartments has been sold for $31 million or $104,729 per unit to River View Apartments LLC, whic.....»»

Category: topSource: bizjournalsAug 24th, 2018

North Jacksonville apartment community sells for $54 million

A recently developed Class-A apartment community in north Jacksonville has sold for $54 million. The 300-unit Integra River Run was sold to an affiliate of EBSCO Income Properties LLC. The multifamily community was developed in 2018 by The Sachs C.....»»

Category: topSource: bizjournalsJan 23rd, 2019

Highland Ave. apartments sold — again — in out-of-state investor trend

For the fourth time in nine months, an out-of-state investor has purchased an apartment complex on South Highland Street......»»

Category: topSource: bizjournalsMay 23rd, 2021

Two parcels totaling 19 acres in North Jacksonville sold for $4M

Just over 19 acres in North Jacksonville sold for $4.25 million in a recent transaction, according to county records......»»

Category: topSource: bizjournalsApr 26th, 2021

Northglenn apartment complex sold to California company for $44M

The property was completed in 1999 and includes a mix of one- and two-bedroom units......»»

Category: topSource: bizjournalsApr 23rd, 2021

Developer plans 312 units on 40 acre parcel in St. Johns County

Nearly 40 acres of land in St. Johns County sold for $4.75 million last week, and the buyers are planning to develop a 312-unit apartment complex on the property......»»

Category: topSource: bizjournalsFeb 23rd, 2021

Bethlehem apartment complex sold for $4.4 million

The property was sold via an unusual arrangement in which two brokers from different agencies shared the listing......»»

Category: topSource: bizjournalsDec 23rd, 2020

Sold: NY investor pays $81M for Raleigh apartment communities near Crabtree Mall

Both apartment communities are along Creedmoor Road north of Crabtree Valley Mall......»»

Category: topSource: bizjournalsDec 23rd, 2020

415-unit apartment community north of Coors Field sells for $160M

The property last sold for $90.75 million in 2012, according to property records......»»

Category: topSource: bizjournalsDec 17th, 2020

Eden Prairie"s Olympic Ridge apartments sell for $25.5 million

The developer of a 143-unit apartment complex along Highway 169 in Eden Prairie has sold the property in a deal worth $25.5 million......»»

Category: topSource: bizjournalsApr 8th, 2020

Birmingham investor buys Alabama apartment complex in $11M deal

An 80-unit apartment complex in Huntsville has sold for $11.76 million. Birmingham-based Red Street Investment Co. acquired the property for $147,000 per unit from Morrison Avenue Capital Partners. The complex features condo-style living with gr.....»»

Category: topSource: bizjournalsApr 6th, 2020

Alabama apartment complex sells for $20.5M

An apartment complex in Alabama has sold for $20.5 million. Park West, a 278-unit apartment community located in Mobile, has sold for $73,741 per unit. Cushman & Wakefield has arranged the sale with Craig Hey and Andrew Brown representing the se.....»»

Category: topSource: bizjournalsMar 31st, 2020

Alabama apartment complex sells for nearly $28M

A multifamily complex in Mobile has sold for $27.95 million. Arlington Park, a 252-unit apartment community, sold to Saxony Capital Management out of Dallas. Craig Hey and Andrew Brown of Cushman & Wakefield represented the seller, PEM Real Estate.....»»

Category: topSource: bizjournalsMar 18th, 2020

Investment firm expands St. Louis portfolio with $46M apartment deal

A Soulard apartment complex, which was built just last year, has sold for $45.9 million......»»

Category: topSource: bizjournalsMar 4th, 2020

Brunswick apartment complex sold for $6.7 million

"You sell when the market is good," said Tom Savino of CBRE-Albany. "Right now, the market for multifamilies is very good.".....»»

Category: topSource: bizjournalsFeb 28th, 2020

Atlanta-based company buys luxury apartments in Broomfield for $89.1M

The apartment complex last sold for $53.4 million in 2011......»»

Category: topSource: bizjournalsFeb 3rd, 2020

San Antonio apartments sold as part of record-breaking $1.85B deal

A San Antonio apartment complex was sold as part of a $1.85 billion apartment portfolio sale — the largest multifamily deal in the U.S. since 2016 and the fifth largest ever in the U.S. Los Angeles-based Aragon Holdings LLC sold the Carmel at Deer.....»»

Category: topSource: bizjournalsJan 21st, 2020

This Woodley Park apartment complex set a record the last time it sold. Not this time.

Boston-based GID Real Estate Investments has acquired The Woodley apartments in Northwest D.C. for $180.25 million, a relative bargain for the multifamily property that set a record when it last sold less than six years ago. GID bought the 212-unit c.....»»

Category: topSource: bizjournalsJan 10th, 2020

Rivera apartments on Broadway sells to Houston firm

Rivera on Broadway, a 302-unit mid-rise multifamily apartment complex, has sold to a Houston-based investment firm......»»

Category: topSource: bizjournalsJan 6th, 2020

472-unit apartment complex proposed in North Natomas

Developer AG Spanos Cos. is planning another apartment complex in North Natomas, its sixth overall in the Sacramento area......»»

Category: topSource: bizjournalsDec 30th, 2019