Pia Residential Gazes at $27M Autumn View Buy in Fayetteville
Pia Residential has acquired Autumn View, a 177-unit class B value-add garden-style multifamily community in Fayetteville, NC for $27.1 million. The seller was 10 Federal of Raleigh, NC. The transaction was brokered for the seller by Alex McDermott with Charlotte-based Capstone Companies; financing was arranged by Newmark’s Brian Kochan. The 14.5-acre complex will be upgraded with $1.5 million […]
Savannah Multifamily Changes Ownership for $29M
Sterling Bluff, a 216-unit apartment community in Savannah, GA, has been acquired by PIA Residential of Miami, FL, for $29 million. PIA plans to invest $1.4 million into unit upgrades and improvements in recreational amenities and landscaping. The 11.3 acre, two-story complex on West Montgomery Cross Road is 99% occupied. Brian Kochan and John Westby-Gibson […]
Danny Kattan Accepted into Forbes Business Council (Real Estate Council)
Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders NEWS PROVIDED BY: PIA Residential Miami, Dec. 10, 2020 – Danny Kattan Managing Partner, Capital Markets of PIA Residential, a South Florida-based full-service real estate private equity firm, has been accepted into the Forbes Business Council ( Real Estate Council), the foremost […]
PIA Residential and BH Equities Acquires 284-Unit St. John’s Pointe Condominium Group in Jacksonville Submarket for $33.four Million
JACKSONVILLE, FL – Miami-based PIA Residential and Des Moines, Iowa BH Equities have acquired St. Johns Pointe Apartments, a 284-unit rental community in the city’s Orange Park submarket, for $ 33.4 million from WRH Realty Services in Tampa acquired. The one and two story garden-style apartment complex is located at 114 Old Orange Park Road, […]
PIA Residential Snags Jacksonville Apartment Property for $33M
The 284-unit community was built 1968 and 1974 by: Katie Garwood Staff Writer Miami-based PIA Residential announced Nov. 17 it acquired St. John’s Pointe Apartments in Orange Park for $33.4 million. PIA Residential and Des Moines-based BH Equities closed on the 284-unit community at 114 Old Orange Park Road on Oct. 30. The seller was Tampa-based WRH […]
St. John’s Pointe Apartments sold for $33.4 million
The 284-unit community was built 1968 and 1974 by: Katie Garwood Staff Writer Miami-based PIA Residential announced Nov. 17 it acquired St. John’s Pointe Apartments in Orange Park for $33.4 million. PIA Residential and Des Moines-based BH Equities closed on the 284-unit community at 114 Old Orange Park Road on Oct. 30. The seller was Tampa-based WRH […]
PIA Residential Acquires 224-Unit Crystal Lake Apartments in Pensacola, Florida for $26.3 Million
PENSACOLA, FL – In its first acquisition since transitioning from single-family rental homes to institutional multifamily apartments, PIA Residential of Miami has acquired Crystal Lake, Apartments, a 224-unit value-add community in Pensacola, FL for $26.3 million. The 24-acre Class B rental community at 7680 West U.S. Highway 98, is 98 percent occupied. “Crystal Lake has the […]