Downey apartments fetch $40M in latest multifamily investor vote of confidence
BAG Investments→Parc @ 5 Apartments
May 12, 2026

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Nahla Capital has acquired the Raleigh Hotel redevelopment (Raleigh, Richmond, South Seas properties), a real estate development business in Florida, for $270 million. The Raleigh Hotel redevelopment acquisition expands condo-hotel and residential conversion plans across Miami Beach, supporting real estate services deals FL and real estate development acquisition. Nahla Capital acquisitions focus on adding units and repositioning the Raleigh, Richmond, and South Seas assets as part of a broader add on acquisition strategy. The private equity acquisition is structured as an add-on acquisition and is valued at $220 million with additional reported figures of $54 million, targeting value creation through redevelopment and conversion.
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BAG Investments→Parc @ 5 Apartments
May 12, 2026
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