Multifamily

SPRINGFIELD, MA-The Boston-based investor now has two major properties here encompassing more than 500 apartments.

CHARLOTTE, NC-Tranquil Court on Selwyn is the residential component of a mixed-use development, which will also include retail and 65,000 sf of office.

GLEN MILLS, PA-Red Rocks Group acquires the 25-building, 22-year-old complex for $168,032 a unit with plans to renovate all units and add amenities.

NEW YORK CITY-The four five-story apartment buildings represent $129,310 per unit and are being sold by a private long-time seller.

DALLAS-The merger creates rare force by teaming six MAI-designated appraisers. HSM Consulting's Mark O'Briant remains president and Tracy Smith Law becomes EVP.

PEORIA, AZ-The Southern California investment group buys the 10-year-old Northwest Garden with 1031 exchange funds from the sale of a 1953-built complex in the metro.

IRVING, TX-The buyer completes the acquisition of Knollwood Apartments after working on the deal since May. The result is a class B for less than $30,000 per door.

ATLANTA-The Grant Park project will include 342 apartments, 57 townhomes and an eight-acre park.