Mountain region

Subtext, a national student and multifamily housing developer, announced that it will start construction at 1011 E Orange Street in Tempe, Arizona for the development of VERVE Tempe, a 15-story student apartment community located...

JLL Capital Markets arranged $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multifamily residential building in downtown Phoenix. The property will consist of studio, one-, and two-bedroom units, including...

Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that site development has commenced with utility construction underway at Rêve at Encanto West in Avondale, Arizona just outside of Phoenix. This 84-townhome BTR...

Landing at Fiesta Village, a 220-unit apartment property in Mesa, Arizona was acquired by Millburn & Company. The asset was sold by a venture between Boston-based real estate private equity firm Rockpoint and P.B....

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...

Soltrust will debut Alloy Midtown, an urban office-to-apartment conversion. Soltrust Residential REIT (Formerly Blueprint Capital REIT) created Alloy Midtown, comprised of two unique structures. On one side of the community, residents will find a converted...

Greenlight Communities, along with Bryten Real Estate Partners, its selected property management company, announced leasing is now underway at their two newest apartment communities. Both Streamliner communities are located in Metro Phoenix with move-ins...

Cushman & Wakefield announce that construction has launched on Lot 6, known as Shorehaven, the first phase of the $1.8 billion mixed-use South Pier master planned development on the southern shore of Tempe Town...

Calmwater Capital has provided The Prime Company (“TPC”) with $34 million in first mortgage debt to refinance Oxford Vista, a recently built, 146-unit Class A multifamily property in the Denver suburb of Englewood, Colorado. The...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Falls at Canyon Rim, 288-unit apartment property in Ogden, Utah. “Lower apartment rents than in other major U.S. markets are attracting many...

Institutional Property Advisors, a division of Marcus & Millichap, brokered the sale of The Livano Deer Valley, a 242-unit multifamily property in Phoenix, Arizona. The $64 million sales price equates to $264,463 per unit. Steve Gebing...

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...

Tower Capital arranged $23,075,000 in permanent financing for the refinance of North Mountain Foothills, a 194-unit multifamily community in Phoenix. North Mountain Foothills, located at 1943 W. Aster Drive, was a broken condominium project when...

Neighborhood Ventures, a real estate investment company utilizing crowdfunding to enable both accredited and non-accredited investors to invest in multifamily properties, is transforming a long-neglected Mesa motel, American Inn, into a multifamily housing community. The...

Calmwater Capital has provided an Arizona-based private investment group with $10.5 million in short-term first mortgage debt to refinance a 65-unit multifamily property, The Heights on Lemon Apartments, in Tempe, Arizona. Built in 1966 and...