Though individual sales have driven 2015’s robust sales pace, a number of notable portfolio sales closed in the first half of 2015, according to Real Capital Analytics. With a couple of REIT privatizations closing, the second half of the year promises bigger deals ahead.
Here are the top five transactions from the year’s first half:
Rank/Portfolio |
Price (in millions) |
Buyer |
1. Gables Buyout |
$2,976.5 |
Clarion Partners |
2. Blackstone Apartment Portfolio |
$650.0 |
Strata Equity Group JV |
3. JH Real Estate Southern California Apartment Portfolio |
$481.9 |
TruAmerica Multifamily JV Guardian Life Insurance |
4. Brookfield Virginia Apartment Portfolio |
$433.5 |
Redbrick Partners JV David Werner RE |
5. Dermot JV Principal Real Investors NY Apartments |
$360.0 |
A&E Real Estate |
