Vertical Construction Begins on Village at San Tan Apartment Community Near Phoenix
Empire Group of Companies announces the beginning of vertical construction at Village at San Tan, located on the Southeast corner of Gantzel Road and Combs Road in San Tan Valley, Arizona.
“Due to a variety...
Decron Acquires Class A Multifamily Community Hangar at Thunderbird in Phoenix for $69M
Decron Properties has acquired Hangar at Thunderbird, a 266-unit gated luxury multifamily community located in Glendale, Arizona for $69 million.
Decron acquired Hangar at Thunderbird for $260,000 a unit, far below the average cost of...
Frankel Family Trust Announces 760-Unit Luxury Apartment Community Tuscany at Gabriella Pointe Breaks Ground...
The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...
Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced
Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway.
The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
Civitas Announces Sale of Tree Farm Lofts Multifamily Development Project Near Aspen Colorado
Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, announced the firm has closed on a new multifamily development project, Tree Farm Lofts, near Aspen, Colorado.
Notably, the development...
Berkadia Secures $81M in Funding for the Construction of the 578-unit Alexan Pena Station...
Berkadia announced that it has arranged $81.23 million in joint venture equity for Alexan Pena Station, a to-be-built, 578-unit multifamily development in Denver, Colorado.
Alexan Pena Station, located on the northeast side of Denver, will...
Origin Credit Advisors Completes a $51.5M Construction Loan for Las Vegas Multifamily Project Nola...
Origin Strategic Credit Fund, a multifamily real estate credit fund, has agreed to provide a total of $61.3 million of construction debt and preferred equity financing for the development of Nola Sol, a multifamily...
Institutional Property Advisors Closes The Hadley North Scottsdale Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Hadley North Scottsdale, a 240-unit, mid-rise multifamily asset in Scottsdale, Arizona.
IPA executive managing directors Steve Gebing and Cliff David represented the...
Southern Land Company Announces 3rd Street Assemblage Rental Community Breaks Ground in Downtown Las...
Southern Land Co. has been busy in Las Vegas. Its latest offering, 3rd Street Assemblage, will bring its Las Vegas portfolio to 1,200 units.
Located in the burgeoning 18b Arts District in Las Vegas, this...
The Parker Tucson Luxury Student Housing Complex for the University of Arizona Sells for...
The Parker Tucson at 947 N Park Avenue, a luxury student housing complex with 130 units / 482 beds in 213,400 square feet living space in an 8-story LEED Silver Certified community. The project...
HSR and DPC Cos Plan Future Development for Mixed-Use Multifamily Project Cosanti Commons in...
The City of Scottsdale is reviewing plans for a $100 million mixed-use project Cosanti Commons at the high-profile intersection of Scottsdale Boulevard and Shea.
DPC Cos, along with High Street Residential, are teaming up on...
Institutional Property Advisors Brokers Sale and Arranges Financing for $94.5M Southeast Phoenix Multifamily Asset...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Alta Chandler at The Park, a 291-unit mid-rise multifamily asset in Chandler, Arizona. The property traded for $94.5 million, which...
ColRich Acquires its 19th Denver-Area Property, Belmar Villas in Lakewood for $74.3M
ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community in the Denver suburb of Lakewood, Colorado. ColRich paid $74.3 million for the project.
Independence Realty Trust was the seller. ColRich is subject to a...
TerraLane Completes 297-Unit Single-Family BTR Project Canyon Trails South in Goodyear Arizona
TerraLane Communities has completed TerraLane at Canyon Trails South, a 297-unit rental home community in Goodyear, Arizona.
TerraLane’s Steve La Terra added, “Goodyear is one of the fastest growing cities in the U.S. As the...
The Bascom Group Acquires Multifamily Community Hearthstone at City Center in Aurora Colorado for...
An affiliate of Oberndorf Real Estate Management, LP. formerly known as The Axton Group, and The Bascom Group, LLC, announced that they have closed on the acquisition of the 360-unit Hearthstone at City Center,...
