MC Companies Acquires Trophy Asset The Core Scottsdale in the Greater Phoenix Market
MC Companies, a recognized leader in multifamily investment, development, construction and management, is expanding its portfolio with the acquisition of The Core Scottsdale — a premier Class A multifamily community located in North Scottsdale.
Following...
Northmarq Completes $8.25M Sale of The Retro on 32nd Street Apartments in Phoenix
Northmarq's Phoenix Multifamily Investment Sales team led by Ryan Boyle, Trevor Koskovich, Jesse Hudson and Logan Baca successfully completed the $8.25 million sale of The Retro on 32nd Street, a 62-unit garden-style apartment community...
Cogir of Broomfield Complete and Set to Welcome First Senior Residents
Opus announced the completion of Cogir of Broomfield, a three-story, 165-unit senior living development at 4275 West 121st Avenue in Broomfield, Colorado. New residents will begin moving in starting June 2025.
The senior living community...
JLL Closes Financing for the 102-unit Multifamily Property Eastglen Apartments in Longmont Colorado
JLL Capital Markets announced that it secured $11.96 million in acquisition financing for Eastglen Apartments, a 102-unit multifamily property in Longmont, Colorado.
JLL worked on behalf of the borrower, a joint venture between Two Arrows Group...
Institutional Property Advisors Brokers $137.5M Sale of Luxury Multifamily Asset Zaterra in Suburban Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Zaterra, a 392-unit multifamily property in Chandler, Arizona.
“Chandler is among the highest barrier...
CloudTen Announces Merger with Gaston Wilkerson
Following many months of planning, reorganizing and onboarding, Reno, Nevada-based CloudTen Residential has announced its merger with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees...
Harbor Group International Provides $64M Bridge Loan to Newly Built Sunela a Multifamily Property...
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm announced it provided a $64 million senior loan to a joint venture between Greystar Development ("Greystar") and...
ZOM Living Secures $88M Financing and Breaks Ground on Multifamily Development Azola Desert Ridge...
ZOM Living, one of the nation’s premier multifamily development firms, announces the financing and commencement of construction of Azola Desert Ridge, its first luxury residential community to break ground in Phoenix, Arizona. Funding for...
Wood Partners Announces Proposal for Mixed-Use Development on Goldwater Boulevard in Scottsdale
Wood Partners is proposing a new retail and residential mixed-use development on 6.14 acres at Goldwater Boulevard and Indian School Road in Old Town Scottsdale, Arizona.
Reports state that existing buildings on site will be...
Institutional Property Advisors Closes North Central Phoenix Multifamily Asset Sale of Azul Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Azul, a 227-unit apartment property in Phoenix, Arizona.
“The acquisition gives new ownership the...
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...
JLL Secures $58M in Financing for The Parker on Higley in Phoenix
JLL Capital Markets announced that it has arranged a $58 million financing for The Parker on Higley, a Class A, 261-unit multifamily development in Gilbert, Arizona.
JLL worked on behalf of the sponsor, Artom Holdings...
Tower Capital Arranges $79.5M in Refinancing for Empire Group BTR Community Village at Bronco...
Tower Capital, a national leader in arranging Build-to-Rent (BTR) construction financing, arranged $79.5 million to refinance an existing loan for the Village at Bronco Trail, a 354-unit BTR community in the Phoenix market.
The sponsor,...
Porter Kyle Commences Construction on $60M Chandler BTR Townhome Development The Wayne
Porter Kyle, a Scottsdale-based vertically integrated multifamily builder and developer, broke ground on The Wayne, a roughly $60-million multifamily Build-to-Rent (BTR) project in Chandler, Arizona.
Taylor Shultz, Partner of Porter Kyle, said, “Chandler is one...
Lennar Group Sells Denver Green Leaf Jayne Apartments for $57 Million
The Denver suburb of Baker recently saw a major real estate transaction as Lennar’s subsidiary, Quarterra, sold a five-story apartment complex for $57 million. The 171-unit development was acquired by Green Leaf Capital Partners...