The property in Charlottesville, VA will host Leitbox’s prototype 3-story building with a basement, providing four levels of climate-controlled self-storage as well as minor mixed-use integration.

Brookfield Oaktree Wealth Solutions plans to add additional strategies including Oaktree credit strategies to the platform in the coming quarters.

Upon closing of the transaction, the portfolio will be managed by University Partners, a leading owner and operator of student housing across the U.S.

“Irish Row Apartments has been a historically strong performer in the market given its proximity to campus, large floor plans, and thoughtful amenities,” added Kiferbaum.

Bluerock Value Exchange (BVEX), a long-time, national sponsor of 1031 exchange and Delaware Statutory Trust investment (DST) programs, announced it has fully subscribed BR Diversified Industrial Portfolio II, DST (DIP II) program with $54.9 million in equity from third-party investors.

"Front Row is at the center of Huntsville's redefined downtown core and another good example of the Qualified Opportunity Zone Program stimulating investment," said Ashley Lin, Vice President, Silverstein Properties.

The Jayne features modern apartment residences offering studio and one-bedroom floorplans, many with balconies, and all with contemporary design elements, flooring and fixtures, in-unit laundry and infused with natural light from the building’s large windows.

"We are pleased to announce the closing of the sale of the Hilton Boston Back Bay for a very attractive value and the significant progress we've made in paying down our strategic financing," commented Rob Hays, Ashford Trust's President and Chief Executive Officer.

“The acquisition was significant as it marks the Company’s strategic entry into the self-storage sector, which is one of its primary investment targets with a focus on alternative real estate sectors,” said Keith Lampi, chief executive officer of the Company.