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...
Dominium Acquires Land for The Safford, Plans to Develop 200 New Affordable Apartment Homes...
Dominium, a leading affordable housing owner, developer and manager, announced that it has closed a deal to acquire land for the development of a new affordable housing community in Marana, Arizona.
Dominium plans to use...
CVS Health Invests $19.2M in Affordable Housing Development Marshall Street Landing Near Denver Colorado
CVS Health® (NYSE: CVS) announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units known as Marshall Street Landing in Arvada, Colorado.
Made possible through the company's collaboration with...
Institutional Property Advisors brokers Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Marlowe, a 53-unit apartment asset in Phoenix, Arizona. The property traded for $8.44 million, which equates to $159,245 per...
Capital Square JV Completes Phase One Construction of Steamboat Basecamp Multifamily Development in Steamboat...
Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities, announced the completion of construction of phase one for Steamboat Basecamp, a...
Oak Coast Properties acquires $54.5 million Retreat at Water’s Edge apartments in Denver, Colorado
Oak Coast Properties announced the $54.5 million acquisition of Retreat at Water’s Edge, a 252-unit apartment community located in Denver. The most recent transaction in the firm’s heightened multifamily investment activity, the acquisition also demonstrates...
Institutional Property Advisors completes apartment property sale in suburban Salt Lake City
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Broadmoor Village, a 348-unit apartment property in West Jordan, Utah.
“Salt Lake City is one of the nation’s fastest-growing metropolitan areas,...
Next Wave expands Las Vegas footprint with acquisition of 216-unit multifamily community
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has acquired Spanish Oaks, a 216-unit garden style multifamily community in Las Vegas, Nevada for $28.075 million.
Through existing broker...
Grand Peaks Brings Sonder to Skyline at Highlands, Offering Short-Term Rentals and Apartment-Style Hotel...
Grand Peaks, a fully integrated real estate investment firm, announced the recent lease of 93 units within their forthcoming luxury multifamily community, Skyline at Highlands, to Sonder.
Sonder is a leader in short-term rentals, offering...
Parkview Financial provides $100 million loan for redevelopment of Harrah’s Reno Hotel and Casino...
Parkview Financial announced it has provided a $100 million loan to Reno City Center, LLC, an affiliate of Las Vegas-based CAI Investments, for the renovation and redevelopment of Harrah’s Reno Hotel and Casino to...
Chris Brozina named CEO of Mark-Taylor Companies
Valley-based multifamily investment firm Mark-Taylor has named Chris Brozina its new Chief Executive Officer effective immediately. Brozina was most recently the executive vice president of Mark-Taylor Companies, which has ranked as the largest commercial...
Capstone Recently Closed 20-unit Multifamily Property at 1000 s Logan Street in Denver Colorado
Capstone has closed the sale of 1000 s Logan Street in Denver, Colorado. The 20-unit multifamily property sold for the price of $4,125,000. Jason Koch and Adam riddle of Capstone brokered the transaction.
The vintage...
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...
ABI Multifamily brokers 24-unit Northeast Phoenix multifamily apartment community for $3.525 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,525,000 / $146,875 Per Unit / $245.41 Per SF sale of Palmilla Apartments (510 East...
Institutional Property Advisors brokers sale of new luxury multifamily asset in Greater Phoenix for...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Maxwell on 66th, a new, luxury 349-unit garden-style apartment property in the North Scottsdale Corridor of Phoenix, Arizona. The property...