Here's a look at some of the multifamily deals that were announced this week:
Greensboro, N.C.-based Bell Partners acquired a 257-unit property in Jacksonville, Fla. for $38.6 million. The Class A high rise was 97 percent occupied at the time of sale.
Four assets changed hands in Los Angeles for more than $12 million. A total of twenty eight units were bought by Carlton Cuse and Xenon Corp. and 27 units were purchased by Gregory Chazanas, Gaby Chazanas, and Fred Nayassan in the Brentwood and West Los Angeles markets.
Newport Beach, Calif.–based MIG Real Estate acquired a 196-unit property in Golden, Colo. for an undisclosed sum. It marks the company’s third purchase in the Denver area so far this month combined with a 312-unit property and a 288-unit property.
Englewood, Colo.—based Archstone acquired a 285-unit property in Boston for $94.3.
Norfolk, Va.–based Harbor Group International purchased an apartment portfolio totaling nearly 1,600 units in the Nashville, Tenn. area for $130.5 million.
Chicago-based Waterton & Associates acquired a 514-unit property in Scottsdale, Ariz. for $48.2 million.