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Multi-family market sees steady investment, rising rents in first half of 2022

Passco Companies buys Vecina Apartment Villas - San Antonio Business Journal

Passco Companies buys Vecina Apartment Villas - San Antonio Business Journal
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Antioch apartment complex sells for $73 4M

S.C. developer undertaking tower projects in Gulch, Midtown now owns 450-unit Avana Overlook A garden-style apartment complex located near Antioch has sold for $73.4 million, with the South Carolina buyer continuing to strongly place its stamp on the local market. According to a Davidson County Register of Deeds document, Greystar Real Estate Partners now owns Avana Overlook, located at 727 Bell Road. Irvine, California-based Passco Companies was the seller, having acquired the Southeast Davidson County apartment complex in April 2016 for about $52.8 million, according to Metro records. Opened in 1998, The Overlook offers multiple three-story buildings with a collective approximately 450 units. As such, the deal is the equivalent of about $163,100 per residence. The

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