Multifamily

PEORIA, AZ-The Southern California investment group buys the 10-year-old Northwest Garden with 1031 exchange funds from the sale of a 1953-built complex in the metro.

IRVING, TX-The buyer completes the acquisition of Knollwood Apartments after working on the deal since May. The result is a class B for less than $30,000 per door.

ATLANTA-The Grant Park project will include 342 apartments, 57 townhomes and an eight-acre park.

NORWALK, CT-Irving, TX-based developer JPI is the purchaser of the 3.7-acre mixed-use rental apartment and office complex here.

HALTON CITY, TX-Picking up another complex in less than two months, the new owner of Desert Sands Apartments watches occupancy go from roughly 50% to 86% during escrow.

PHILADELPHIA-A local buyer grabs aging multifamily assets in East Falls and West Mount Airy with an aggregate of 131 units for $6.6 million.

DAYTON, OH-The law firm has signed a letter of intent to take more than 45,000 sf in an office building that's part of the mixed-use Ballpark Village plan.

PEORIA, AZ-The JV sells the 163-unit high-end townhouse project to PrivatePortfolio Group of Seattle. With the deal done, the JV is looking to sell the 240-unit sister.