The apartment sales market appeared to recover from a sluggish summer over the past few months, with sales rising 13% in the third quarter, according to data firm MSCI.
Some of the action occurred in Atlanta and Seattle, where investors such as Security Properties, Virtú Investments and Greenwood Star Holdings made buys. New players also emerged, including Stockdale Capital Partners, which purchased assets in Dallas and Scottsdale, Arizona.
And the student sector, which has seen some major trades over the past couple of years, remained a hot spot. Landmark Properties, a wholly owned subsidiary of the Abu Dhabi Investment Authority, sold a portfolio of eight properties to a partnership of Morgan Stanley Investment Management and Global Student Accommodation, with funds managed by Morgan Stanley Real Estate Investing.
Below is a roundup of seven notable multifamily deals this fall.
