The Bascom Group LLC, a private equity firm, has acquired Highridge Apartments, a 257-unit apartment community in the coastal market of Ranchos Palos Verdes, California, for $127 million. Highridge Apartments is an institutionally owned, 1972-vintage property that has...
Oklahoma City-headquartered Bank7 has acquired First American Mortgage Inc., a residential mortgage lender based in Yukon, Oklahoma. The financial aspects of the deal were not disclosed. First American Mortgage has operated since 1993 and facilitated over $3 billion...
The real estate investment trust Highwoods Properties Inc. (NYSE: HIW) has acquired Advance Auto Parts Tower, a 20-story, Class AA office tower located in the North Hills Best Business District of Raleigh, North Carolina. The 346,000-square-foot, LEED-gold certified...
Frontier Lithium, (TSXV: FL), a pre-production mining company, has completed its acquisition of a vacant industrial site on Mission Island in Thunder Bay, Ontario. The company closed on a previously disclosed unsecured convertible loan for aggregate proceeds of $3.35...
Carter Multifamily, a Carter Funds company, has paid $37.7 million to acquire a 166-unit garden-style multifamily community located in Melbourne, Florida. Located in the state’s Space Coast, southeast of Orlando, the property was formerly known as The Palm Bay...
Rent Discounts Spread to 43.5% of Listings as Apartment Owners Fight for Te…
