Category Archives: MultiFamily

Prospectus Details Loan for PCB Cleanup at New Haven, CT High Rise

Wells Fargo Bank N.A. has filed a prospectus related to its Series 2016-C35 CMBS transaction, which is secured by 102 loans for 140 commercial properties having an aggregate principal balance…

Hines Again Under Contract on the Domain Apartments in Henderson, NV

Hines Global REIT II, Inc. is again under contract to acquire the Domain Apartments, a multi-family community in Henderson, Nevada. The sale price is $58.2 million, exclusive of transaction costs,…

Naperville Multifamily Community Selling for $66.7M

Resource Real Estate Opportunity REIT II, Inc reported Monday that it has agreed to purchase a 319-unit multifamily community in Naperville, IL for $66.7 million plus closing costs. The buyer…

Prospectus Details Dweck’s $88M Mortgage Loan on Rolling Brook Village in Woodbridge

Wells Fargo has filed a prospectus related to the collateral and structure of its Wells Fargo Commercial Mortgage Trust 2015-P2 transaction, which includes information on the $88 million mortgage loan…

REIT Under Contract on Durham Multifamily Property, Negotiating LOI on Raleigh Development

Bluerock Residential Growth REIT Inc reported Wednesday that it is negotiating a non-binding letter of intent to acquire a 7.4 acre portion of an apartment community adjacent to Rex Hospital…

WRIT to Sell Country Club Towers in Arlington for $37.8M

Washington Real Estate Investment Trust (WRIT) reported Monday that it has entered into an agreement to sell Country Club Towers, a 227-unit multifamily property located in Arlington, VA. The contract…

Steadfast Apartment REIT Pays $27.9M for Harrison Place Apartments in Indianapolis

A subsidiary of Steadfast Apartment REIT, Inc. has acquired a fee simple interest in Harrison Place Apartments, a 307-unit multifamily residential community in Indianapolis, IN, for $27.9 million, exclusive of…

Non-Traded REIT JVs on $51.3M Oxford Square Multifamily Project in Hanover, MD

A joint venture that includes non-traded REIT CNL Growth Properties has acquired a fee simple interest in the 9 acre parcel of land in Hanover, MD known as Oxford Square…

KBS REIT to Pay $42M for The Lofts at the Highlands in St. Louis

A subsidiary of KBS Legacy Partners Apartment REIT Inc. has entered into an agreement to acquire The Lofts at the Highlands, an apartment complex containing 200 apartment units on approximately…

REIT Acquires Willow Crossing Apartments in Elk Grove Village for $58M

A subsidiary of California-based Steadfast Income REIT has acquired a fee simple interest in the Willow Crossing Apartments, a 579-unit multifamily residential community in Elk Grove Village, IL, for $58…