FPA Multifamily sold two Denver-area residential communities for a total of $48.25 million.
The Olso, located at 11501 Washington St. in Northglenn, sold for $26.75 million. The buyer was Littleton-based Skyline Real Estate Investments, who purchased the property with a joint-venture equity partner.
FPA Multifamily LLC has acquired The Lex, a 332-unit high-rise apartment complex located within the McCormick Square entertainment district in Chicago’s South Loop.
Lone Star Funds ended its hold on the 539-unit Eilan Luxury Residences, selling the San Antonio property to FPA Multifamily of San Francisco. The sales price was not disclosed, though was assessed at $102.6 million by the Bexar Appraisal District.
Los Angeles-based Gelt Inc. acquired a two-property apartment portfolio totaling 491 units for $74 million in two submarkets 25 minutes south of downtown Seattle. The properties include The Row, a 247-unit asset in Kent (pictured above), and The Union, a 244-unit property in Federal Way.
Two entities formed by Vancouver, Canada’s Western Wealth Capital purchased Carlyle at South Mountain Townhomes & Apartments in Phoenix for $90 million.
Demmon Partners has acquired The Falls at Arden apartments in Sacramento for an undisclosed sum. The 272-unit community is located at 2345 Northrop Ave.
FPA Multifamily has acquired Barclay at Dunwoody, a 204-unit apartment community in Dunwoody, Ga., a suburb of Atlanta, for $29.3 million. The seller was a group of investors known as Barclay at Dunwoody LLC.
FPA Multifamily has acquired Barclay at Dunwoody, a 204-unit apartment community in Dunwoody, Ga., a suburb of Atlanta, for $29.3 million.
Colliers International has brokered the sale of Solhaus and Solhaus Tower in Minneapolis for $27.4 million.
FPA Multifamily LLC sold the 180-unit The Social at South Florida student housing complex at 2919 Network Pl. in Lutz, FL to Vesper Holdings LLC for $26 million, or approximately $144,000 per unit.