After a brief hiatus from our weekly acquisition roundup, the people have spoken, and the column has made its return. So be on the lookout for this article each Friday.
Since it has been a while since the last installment, here's a look at some of the large deals that have been announced in the past few weeks:
- New York City–based Irongate Realty Partners recently acquired three Class A properties in Kansas City, Mo., for $98.6 million.
- Irvine, Calif.–based Steadfast Income REIT acquired a five-apartment portfolio for $115 million at the end of 2012. The properties are located in Lexington, Louisville, and Frankfort, Ky.; Nashville, Tenn.; and Austin, Texas. This brought the company’s 2012 total to 22 new properties with 5,400 units for $500 million.
- Edwardsville, Ill.–based Fireside Financial purchased a 186-unit asset in St. Louis for $14 million, expanding its portfolio to include more than 1,500 units.
- Atlanta-based RADCO spent $56 million on seven multifamily assets in Georgia at the end of 2012, bringing its portfolio to 3,000 units.