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The apartment deal market got off to a sluggish start in 2026, with sales falling 25% year-over-year in January, according to MSCI. However, the first few days of March show that volume may pick up quickly.
together with Hamilton Zanz’s latest acquisition City Limits, a 254-unit garden-style community in Columbia, Tennessee, three other major multifamily players announced deals this week. Here is a summary.
Morgan Properties, d The country’s second largest The owner of the apartment, Purchased 10 buildingsFrom ECI Group, the 260-unit Coron South Point Apartments in McDonough, Georgia, which develops, leases and manages the property, according to a press release. The deal closed on March 3. The terms were not disclosed.
Corwin South Point, featuring one-, two- and three-bedroom apartments, offers access to shopping, dining and entertainment. Amenities include a 2,000-square-foot clubhouse with a kitchen, a fitness center with a dedicated yoga/spin room and a meeting room with a lounge with games area, fireplace, television and media center. Outdoor amenities include a resort-style pool, grilling and fire pit areas and a landscaped courtyard with lawn games and a bocce court.
“We are pleased to expand our Atlanta-area portfolio with this well-located community, which offers a strong amenity set and attractive unit mix,” said Nick Pollera, vice president of acquisitions for Morgan Properties, in a press release. “This property, renamed Arden at Southpointe, aligns with our belief in the long-term growth and demand drivers in the greater Atlanta market.”
Morgan wasn’t the only company interested in the property, according to the report Scott Levitt, Chief Acquisitions Officer at ECI. “We have had strong buyer interest in Southpointe given the new age, quality of the property, and location in the growing market of Henry County,” he told MultifamilyDio in written comments.
On the student front, HomeSpaces announced the collective acquisition of Columbia, a 318-unit, 972-bed student housing community near the University of Missouri, from Press and real estate funds offered by Crowe Holdings Capital on March 3, according to a press release shared with Multifamily Dive. The terms were not disclosed.
The Collective at Columbia offers a mix of two- to four-bedroom floor plans, all in cottage-style layouts. The community offers a robust package of amenities, including a resort-style pool, a clubhouse with a fitness center and yoga room, sand volleyball court and basketball court, dedicated study lounges and a private shuttle that provides direct access to campus.
