Multifamily

The deal to acquire the real estate appraisal and consulting firm that specializes in litigation support and related services significantly expands BBG's valuation litigation services and other capabilities in the region and nationwide.

ArborCrowd seeks to raise $5.15 million from investors for the remaining equity, which has been pre-funded into the project by an affiliate of ArborCrowd. The sponsor broke ground on the development in April, and construction is expected to be completed towards the end of 2020.

The Chicago-based firm buys the 216-unit Hacienda Heights Apartments in its third Las Vegas deal since 2017.

The buyer was Stockbridge, on behalf of the firm's Value Fund III, a closed-end, value-add vehicle and the seller was a partnership between Republic Urban Properties LLC and The Core Companies.

PENLER, founded by two Pollack Shores alums, eyes opportunistic buys.

Each community association should operate as a nonprofit business with an important goal in mind: Promoting the health, safety and welfare of its community.