Legacy Partners in a Joint Venture with DWS Start Work on Arizona Residential Development...
Legacy Partners and joint venture partner DWS have started construction on Olea Scottsdale, a 433-residence apartment community in Scottsdale. The project is located north of Loop 101 and east of Scottsdale Road, at the...
Casitas at La Mariposa Community Acquired Land Deal in Tucson for Build to Rent...
Casitas at La Mariposa Community acquired 36.77 acres of vacant land in East Tucson for $4.6 million. The property, located along Houghton Road adjacent to the La Mariposa Resort, was purchased from Ruth Chmeik...
Lincoln Avenue Communities has Broken Ground on 260 Affordable Housing Unit Project Marshall Pointe...
Lincoln Avenue Communities (LAC) has broken ground on a 260-unit affordable housing project in Arvada that will cater to residents earning between 30 and 70% of the area median income. Located at 5190 Marshall...
Cushman & Wakefield Arranges the $34.75M Sale of a 286-Unit Apartment Community Seventh in...
Cushman & Wakefield announced the firm arranged the sale of Seventh, a 286-unit apartment community in a coveted North Central Phoenix neighborhood.
The property sold for $34.75 million and was acquired by Denali Apartments, LLC...
Lincoln Avenue Communities Breaks Ground on its First Build-to-Rent Affordable Housing Development The Ranches...
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground this week on The Ranches at Gunsmoke Apartments, a ground-up development that will provide 271 units for individuals and families...
Olympus Property Acquires The Place at Arroyo Verde for $37.5M in Tucson’s Casas Adobes...
Olympus Property, a Texas-based multifamily investment and property management firm, has acquired The Place at Arroyo Verde, a newly constructed 156-unit apartment community. The asset was purchased for $37.5 million, translating to $240,385 per...
Walker & Dunlop Arranged $170M Financing for Class A Mixed-Used Project Post District in...
Walker & Dunlop, Inc. announced that it secured $170 million to refinance Post District, a Class A, mixed-use complex containing 580 residential units located in Downtown Salt Lake City, Utah.
Walker & Dunlop New York...
Regent Properties Pays $90M for Three-Property Phoenix Portfolio in Roosevelt Row
CBRE negotiated the sale of a three-property multifamily portfolio in Downtown Phoenix, totaling 323 units. The portfolio includes Class A multifamily communities located within one-half mile of each other in the Roosevelt Row neighborhood.
CBRE’s...
JLL Secures $65.5M in Construction Financing for Luxury Multifamily Development 3850 Blake in Denver’s...
JLL Capital Markets announced that it has secured a $65.5 million construction financing for 3850 Blake, a 310-unit, Class A multifamily development in Denver's River North Art District (RiNo).
JLL represented the borrower, Formativ.
3850 Blake,...
Bell Partners Acquires Denver Area Multifamily Community Montane Apartments, now Bell Parker Ranch
Bell Partners (the "Company"), one of the nation's largest apartment investment and management companies, announced it has acquired Montane Apartments, a 400-unit apartment community located in Parker, Colorado.
"Bell Parker Ranch is located in one...
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...
Bela Flor Sells Bella Encanta a Mesa Arizona Build-to-Rent Community for $450K Per Unit
Bela Flor Communities has completed the sale of Bella Encanta, a 212-unit build-to-rent (BTR) home community located in Mesa, Arizona. The property was acquired by a global institutional investor for $95.75 million, amounting to...
Las Vegas Welcomes its First Luxury Built-to-Rent Community Seneca at Southern Highlands with Construction...
Seneca, the developer of one of the country’s first luxury-for-lease communities featuring high-end, high-design rental homes focused on sustainability, well-being and convenience, announced the completion of construction on its debut neighborhood, Seneca at Southern...
Thompson Thrift to Develop New 255-Unit Luxury Multifamily Community Stack at Wheat Ridge Near...
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced that it will develop Stack at Wheat Ridge, a 255-unit Class A multifamily community in the...
Northmarq Secures $68M Acquisition Financing for IMT Desert Ridge Apartments in Phoenix
Northmarq's Newport Beach Debt + Equity deal team led by Scott Botsford, Joe Giordani and Brendan Golding successfully arranged a $68 million refinance of IMT Desert Ridge, a 370-unit multifamily housing community located at...