Woburn, Mass.-based Panther Properties Investment acquired a 352-unit property in Rincon, Ga. for $308 million. The Class A property is garden style and was built in 2009.
Aventura, Fla.-based Advenir acquired a 308-unit community in Orlando for $27.1 million.
A 930-unit community in Forestville, Md. traded for $58 million. The buyer was a partnership between Laurel, Md.-based Dragone Realty Investments and Pacific Coast Capital Partners. The property was 48 percent occupied at the time of sale and the deal resolved a troubled situation.
Post Properties purchased a 360-unit community in Charlotte, N.C. for $74 million. The property is LEED Silver certified and was 95 percent occupied at the time of purchase.
MAA acquired a 394-unit for an undisclosed sum in Atlanta. This marks the company’s third Atlanta-area purchase this summer.
New York City-based Kushner Companies acquired a combined 338 units over two properties in Hasbrouck Heights, N.J. for an undisclosed sum.
328 Apartments purchased a 328-unit property in Glendale, Ariz. for $5.3 million. Colliers International represented both the buyer and seller in the deal.
