Pillar Communities acquires multifamily development for $57.5 million
Hunt Companies, Inc., Tilton Development Company, Civitas Capital Group and Ryan Companies US, Inc., announce the sale of Circa Central Avenue, a multifamily development in downtown Phoenix. Private Portfolio Group, LLC, purchased the six-story...
Pathfinder Partners acquires value-add multifamily community in Phoenix submarket
Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, has announced the $8.4 million acquisition of Park Paloma—a 60-unit apartment community just south of the Lower Arcadia neighborhood at 2930 North...
Marcus & Millichap sells Phoenix multifamily asset for $21 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Revival on Thomas, a 155-unit apartment complex in Phoenix. The...
Tower 16 Capital Partners sells Altura on Tropicana Apartments in Las Vegas, Nevada
San Diego-based Tower 16 Capital Partners has successfully sold Altura on Tropicana, a 512-unit multifamily project in Las Vegas, after an 18 month hold period. Tower 16 had originally purchased the property for $50...
NexMetro Communities sells Phoenix metro asset for $42.6 million
NexMetro Communities, a pioneer of single-level luxury leased home neighborhoods, has sold its 152-unit Avilla Town Square asset for $42.6M to Keller Investment Properties.
“This NexMetro sale further validates the tremendous value in the market...
Institutional Property Advisors sells new multifamily asset in Central Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Alta Central, a 223-unit mid-rise multifamily building in Midtown Phoenix, Arizona.
“The property is a transit-oriented development in Arizona’s Innovation...
Tower 16 Capital Partners acquires Lilly Garden Apartments, its first multifamily project in Phoenix,...
San Diego-based Tower 16 Capital Partners, in partnership with HG Capital, has acquired Lilly Garden Apartments, a 180-unit multifamily project in Phoenix. The property was acquired on an off-market basis from a private seller...
Thayer Manca Residential acquires third multifamily property in New Mexico
Thayer Manca Residential (TMR) has purchased Mirabella Heights, their newest multifamily property in the Albuquerque, New Mexico market. The acquisition of the 280-unit property, combined with renovation costs, creates over a $100 million investment...
$75.5 million Greater Phoenix apartment complex sold by International Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Liv Goodyear, a 326-unit multifamily asset in Goodyear, Arizona. The property sold for $75.5 million, or $231,595 per unit.
“Liv...
Alta Drinkwater sells for $96.15 million
CBRE has arranged the sale of the 277-unit multifamily community Alta Drinkwater on behalf of Wood Partners to Starwood Real Estate Income Trust, Inc. ("SREIT"), a nontraded REIT managed by Starwood Capital Group, for...
JLL arranges capital for Colorado multi-housing development
JLL announced today it has arranged $43.2 million in structured construction financing for the development of Ten West Greeley Apartments, a 264-unit, Class A, garden-style multihousing property in Greeley, Colorado.
JLL worked on behalf of...
MVE + Partners breaks ground on 59-unit mixed-use apartment community in Salt Lake City
MVE + Partners, a leading architecture, planning, interiors and graphic design firm, today announced the groundbreaking of Dixon Place, a 59-unit, Class A development in the heart of Salt Lake City’s Sugar House neighborhood....
JLL arranges $40.27M financing for Denver-area apartments
JLL announced today that it has arranged $40.27 million in financing for Palisade Park, a 216-unit, garden-style apartment community in the north Denver suburb of Broomfield, Colorado.
JLL worked exclusively on behalf of Jeffrey Sanders...
Renovated Phoenix multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Bloom 24, a 114-unit multifamily complex in Phoenix. Highline Property Group (Highline), based in Denver, Colorado, purchased the property...
Construction complete on University of Colorado Boulder’s newest and largest residence hall Williams Village...
The new Williams Village East residence hall at the University of Colorado Boulder proudly welcomed its first students in August for the fall 2019 semester. The 178,000-square-foot residence hall, the university’s largest, houses a...
