Logan Capital Advisors (LCA) announced today the acquisition of The Overlook at Buffalo Park, a 155-home, build-to-rent (BTR) single-family rental community in Flagstaff, Arizona for $75 million. LCA purchased The Overlook at Buffalo Park from St. Clair Holdings, a real estate investment company based in Atlanta.
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Berkadia announced today the sale of The Bungalows on Jomax, a garden-style multifamily property in Phoenix, Arizona. Senior Managing Directors Mark Forrester and Ric Holway, Senior Director Dan Cheyne and Director Andrew Curtis of Berkadia’s Phoenix office completed the $42 million sale on behalf of the seller, Arizona-based Bungalows on Jomax, LLC.