In the News
Logan Capital Advisors Acquires 4th BTR Single-Family Community With Mesa Acquisition for $53 Million
Logan Capital Advisors (LCA) announced today the acquisition of CTC Ellsworth, a 144-home, build-to-rent (BTR) single-family rental community in Mesa, Arizona for $53 million. LCA purchased the build-to-rent community from Taylor Morrison.
Logan Capital Advisors Acquires 3rd BTR Single-Family Community With Flagstaff Acquisition for $75 Million
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.
(LCA) announced today the the sale of Pacific Bay Club Apartments, a 192-home, rental community in Phoenix for $69.7 million. The property was purchased by Nuveen Real Estate.
Logan Capital Advisors Continues Las Vegas Multifamily Expansion With 3rd Acquisition for $97.5 Million
Logan Capital Advisors (LCA) announced today the acquisition of South Beach Apartments, a 220-home, luxury rental community in Las Vegas, for $97.5 million. LCA purchased South Beach from Griffin Capital Company, LLC, a leading privately held alternative asset manager based in El Segundo, CA.
Logan Capital Advisors Continues Phoenix Multifamily Expansion With 4th Acquisition for $37.2 Million
Logan Capital Advisors (LCA) announced today the acquisition of Avilla Paseo, an 89-home, single-family rental (SFR) community in North Phoenix for $37.2 million. LCA purchased Avilla Paseo from NexMetro Communities, the pioneer developer of luxury leased SFR neighborhoods.
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.
CBRE has arranged the sale of the 192-unit multifamily community Pacific Bay Club on behalf of Picerne Development to Logan Capital Advisors for $35.7 million.
Logan Capital Advisors acquired the 255-unit Elysian at Southern Highlands, a townhouse complex not far from the M Resort. The $64.25 million sale, by developer The Calida Group, closed last month, property records show.