RanchHarbor acquires value-add multifamily complex in Boise, Idaho
RanchHarbor, a real estate investment firm based in Newport Beach, Calif, announced its acquisition of Glenbrook Apartments, a 112-unit multifamily garden-style apartment complex in Boise. RanchHarbor purchased the 92 percent-occupied asset in an off-market...
Institutional Property Advisors Brokers Sale and Arranges Financing for Crossroads Apartments in Suburban Salt...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Crossroads Apartments, a 240-unit multifamily asset in West Valley City, Utah.
“The Salt Lake City metro area continues to grow its...
$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...
High Street Residential and CBRE Global Investors Fund begin construction on first phase on...
High Street Residential, the residential subsidiary of Trammell Crow Company, and its joint venture partner, a fund sponsored by CBRE Global Investors, have commenced construction on the first phase of The Fillmore, a mixed-use...
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...
Catching a break
Not only is Daybreak the first fully master-planned community to rise in the Beehive State, last year it was the sixth best-selling MPC in the nation, based on the number of housing units sold,...
MC Companies completes $72.7 million in refinancing for Arizona, Oklahoma multifamily assets
Full-service multifamily investment, management and development firm MC Companies has secured more than $72.7 million through the refinance of four Class A and B multifamily properties in Arizona and Oklahoma. The capital will be...
Electra Capital provides $19.1 million preferred equity investment for 582-unit apartment community in Arizona
Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $19.1 million preferred equity investment for the refinancing of Tides on Country Club, a 582-unit garden-style apartment community...
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...
CBRE Announces Sale of 24-unit Apartment Community Cottonwood Creek Apartments in Colorado Springs
Cottonwood Creek Apartments, a 24-unit apartment community in Northeast Colorado Springs, Colorado traded hands in a recent $3.5 million ($145.8k/unit) deal.
Built in two phases, 12 units in 1978 and 12 units in 1983, most...
LV Collective Starts Work on 829-Bed ASU Student Housing Project Rambler Tempe
LV Collective, Kayne Anderson Real Estate, and Pacific Life have closed on a student-oriented multifamily development Rambler in Tempe, Arizona. Located at 1020 East Apache, Tempe, Rambler is less than a quarter mile from...
Luxury multifamily property sale completed by Institutional Property Advisors in Greater Salt Lake City
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Axio 8400, a 332-unit multifamily asset located 13 miles from Downtown Salt Lake City in Sandy, Utah.
“The Greater Salt Lake...
Trez Capital Provides Loan for Groundbreaking Build-to-Rent Community The Eleanor Rio Rancho Cabezon in...
The Dallas-based office of Trez Capital announced the closing of a construction loan for Austin-based developer JLM Living to develop the build-to-rent community in Albuquerque, The Eleanor Rio Rancho Cabezon.
The Eleanor Rio Rancho Cabezon...
Avison Young’s Sauter Multifamily Group closes on $1.7 million sale of 20-unit Las Vegas...
Avison Young announced the Sauter Multifamily Group has brokered the $1.7 million sale of Las Vegas Apartments, a 20-unit multifamily property located at 201, 255, and 275 N Decatur Blvd, Las Vegas, Nevada.
Avison Young...
JLL Arranges Financing for the 60-unit Benjamin Square Multifamily Community in Eaton Colorado
JLL Capital Markets announced that it has arranged $5.8 million in financing for Benjamin Square, a 60-unit affordable housing community in Eaton, Colorado.
JLL represented the borrower, Brikwell, to secure the fixed-rate senior loan through...
