Clearly, private equity is interested in US real estate funds, but where is the smart money going?

MIAMI—Sean Williams, a former real estate director for one of the country's largest publicly traded multifamily REITs, will partner with CBRE Tampa to drive growth in the firm's multifamily business.

TAMPA, FL—Fountain Court Apartments, a 62-unit multifamily community in St. Petersburg, FL, has a new owner. The apartment complex sold for $3.1 million.

ATLANTA—The asset was gifted to a local university three years ago and subsequently rents were never raised and capital maintenance items were allowed to mount.