Go to Content

Tides Equities, LLC / ?

Represented Tides Equities, LLC in connection with the $71,500,000 sale of the Tides at South Tempe Apartments, a 442-unit apartment complex in Tempe, Arizona.  The project was acquired by Tides in August of 2018 through a joint venture with Capitol Solutions, Inc. for $55,500,000.  The Buyer of the Property was FCP, a privately held national real estate investment company (although Tides is staying in the deal as a joint venture partner), which was represented by Arent Fox LLP.

BLDG Partners, LLC / Sale of 301 Taylor, Henderson, Nevada

Represented Owner 301 Taylor, LLC, an affiliate of BLDG Partners, LLC, in its sale of an affordable housing multi-family residential project in Henderson, Nevada for a total purchase price $17,500,000.  Seller was represented by Carle, Mackie, Power & Ross.

Bassler, Donald et al. / Three NNN in Richmond, Texas

Represented Letty Jane Bassler, Trustee of Trust A and Trust B of the Donald Victor Bassler and Letty Jane Bassler Trust (the Bassler family) regarding the acquisition of three parcels with existing ground leases with Chick-Fil-A, Whataburger, and Chipotle, as tenants, in the Waterview Towne Center in Richmond, Texas.  The total purchase price was $9,150,601.  Seller was represented by Jackson Walker LLP of Houston, Texas.

NextGen Apartments, LLC / ?

Represented NextGen Apartments, LLC in its acquisition, through an affiliate entity of a multi-family residential property located in Redondo Beach, California, for a purchase price of $9,350,000. The acquired property was added to a previously 15-property portfolio containing more than $100,000,000 in assets owned by NextGen in a joint venture with Goldman Sachs. The transaction included both modifications to the joint venture with Goldman Sachs as well as a modification of the pre-existing financing with RBC Real Estate Capital Corp., increasing the loan amount to $77,664,336.00. Lender was represented by Gibson Dunn & Crutcher LLP. Goldman Sachs was represented by Fried, Frank, Harris, Shriver & Jacobson LLP. NextGen was also assisted by Allen Matkins Leck Gamble Mallory & Natsis LLP.

The Lighthouse Group, LLC / Sale of 2121 Apartments

Represented Springtree Apartments, LLC, an affiliate of The Lighthouse Group, LLC, in its sale of a multi-family property located in Arlington, Texas known as the 2121 Apartments for a total purchase price of $14,080,000.  Buyer was represented by Munck Wilson Mandala, LLP out of Dallas, Texas.

Vista Investment Group / 6125 Canterbury Drive

Represented 6125 Canterbury LLC, an affiliate of Vista Investment Group, in their acquisition of a multi-family apartment building located in Culver City, California, for a total purchase price $17,600,000.  Financing was provided by CIT Bank as part of a portfolio loan covering a number of other multi-family properties.  The lender was represented by Sheppard Mullin.

BLDG Partners, LLC / Brookside Park Apartments

Represented BLDG Brookside, LLC, an affiliate of BLDG Partners, LLC, in its acquisition of an affordable housing project located in Southern Pines, North Carolina for a total purchase price of $12,000,000.  In order to fund the transaction we assisted our client in forming a syndication fund for its equity and also in obtaining a loan from Wells Fargo in the amount of $9,600,000.  Lender was represented by Higier Allen.

Vista Investment Group / 4325 Berryman

Represented 4325 Berryman LLC, an affiliate of Vista Investment Group, in its acquisition of a multi-family apartment building located in Los Angeles, California for a total purchase price $12,240,000.

Vista Investment Group / 235 Camelback Road – Pleasant Hill

Represented 235 Camelback LLC, an affiliate of Vista Investment Group, in their acquisition of a large multi-family project known as the Northridge Apartments located in Pleasant Hill, California for a total purchase price $91,000,000.  In order to acquire the property we assisted our client in forming a joint venture with Tokyu Land US Corporation and obtaining a loan in the amount of $62,817,600.00 from CIT Bank.   Seller was represented by Barack Ferrazzano Kirschbaum & Nagelberg LLP out of Chicago, and CIT Bank was represented by Sheppard Mullin.

TruAmerica / Mission Springs

Acted as co-counsel to TruAmerica Multifamily, LLC, along with Akerman LLP in connection with the $54,100,000 joint venture acquisition of the Mission Springs Apartments, a 306-unit multi-family apartment project located in Tempe, Arizona.  Equity was provided Alberta Investment Management Corp. (AIMCo), an equity investor based in Canada.  Seller was represented by Stein Law, PLC.  Acquisition financing was provided by CBRE Capital Markets, Inc., which was represented by Seyfarth Shaw LLP.

  • We've built our agency in part by being faster, more attentive, and smarter than the competition. We can't do that unless our partners are of the same caliber. The team at Sklar Kirsh has proven time and again that they are as hungry and committed as we are. The relationship with our agency and Sklar Kirsh could not be more cohesive. They have an expert understanding of our business and provide trustworthy advice - especially in difficult situations.
    — Marc Simons, Manager of Giant Spoon LLC

This testimonial does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.