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Lexerd Capital Management Acquires 166-Unit Multifamily Community in North Carolina HILLSBOROUGH, NC - Lexerd Capital Management, a New Jersey-based sponsor of private equity funds, announced that one of its funds has acquired Ashford Lakes, a multifamily property located in Hillsborough, NC. The property, renamed The Lory of Hillsborough,...
Security Properties Acquires Anthology Apartment Community in Seattle Suburb SEATTLE, WA - Properties and Pacific Life purchased Anthology, a 398-unit Class-A new construction multifamily property located in Issaquah, WA for $163,250,000. Security Properties now owns over 120 assets totaling over 24,500 apartment units across its...
McCann Realty Partners and Angelo, Gordon & Co Partner to Acquire Two Apartment Communities in Richmond, Virginia RICHMOND, VA - McCann Realty Partners and its joint venture partner, Angelo, Gordon & Co., L.P., announced the acquisition of two multifamily communities (totaling 853 units) in Richmond, VA. Built in 1989, Trails at Short Pump Apartment Homes is a...
Tower 16 Capital Partners Sells Altura on Tropicana Apartments in Las Vegas, Nevada LAS VEGAS, NV - San Diego-based Tower 16 Capital Partners has successfully sold Altura on Tropicana, a 512-unit multifamily project in Las Vegas, after an 18 month hold period. Tower 16 had originally purchased the property for $50 million in June 2018 and...
Bell Partners Acquires 222-Unit Alexan Marymoor Apartment Community in Seattle Submarket of Redmond SEATTLE, WA - Bell Partners Inc., one of the nation's leading apartment investment and management companies, announced that it has acquired Alexan Marymoor, a 222-unit multifamily community in Redmond, Washington on behalf of its Fund VII investors. The...
Mission Rock Assumes Management of 224-Unit Apartment Community in Denver's Popular Platt Park Neighborhood DENVER, CO - Mission Rock Residential, a Denver-based multifamily property management company, is announced a new management contract for the Encore Evans Station Apartments in Denver. Mission Rock has been issued an agreement for the management of the...
Penzance Acquires 169-Unit Mixed-Use Apartment Community in Herndon, Virginia HERNDON, VA - Penzance, an owner, operator and developer in the Washington, D.C. metropolitan region for more than two decades, has closed on the purchase of The Mark, a 169-unit, luxury mixed-use apartment community located steps from the future Innovation...
Walker & Dunlop Structures $82 Million in Financing for 158-Unit Multifamily Community in Brooklyn, New York BROOKLYN, NY - Walker & Dunlop, Inc. announced that it arranged $82,000,000 in permanent financing for Clover House, a newly renovated luxury apartment complex located in the highly desirable Brooklyn Heights neighborhood of Brooklyn, New York. Led by...

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