Investors Still Like the Look of Multifamily Fountains at Stone Crest, a 400-unit property in Westmont, IL, one of several properties that Redwood unloaded in the first quarter.

CHICAGO—Redwood Capital Group, LLC, a Chicago-based multifamily investment firm, closed eight multifamily investment transactions during the first quarter of 2016 with a total value of more than $404 million. The transactions include both acquisitions and dispositions, and company officials say all this activity shows there is opportunity for both buyers and sellers of value-add multifamily properties.