Thursday, March 28, 2024

Mountain region

Mountain region includes: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming

Omnia on Thomas

FCP partners again with Avanti Residential, acquiring Omnia on Thomas Apartments in Phoenix, Ariz....

FCP and joint venture partner Avanti Residential announce the $65 million acquisition of Omnia on Thomas, a 382-unit garden apartment community at 1645 E. Thomas Road in Phoenix, Ariz. Omnia on Thomas represents FCP’s third...
Eastyn Park Apts

Institutional Property Advisors brokers sale and arranges financing for Tucson multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eastyn Park, a 279-unit multifamily property in Tucson, Arizona. The $42.5 million sales price equates to $152,329 per unit. “Eastyn Park...
Elevate

Institutional Property Advisors negotiates Tucson multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Elevate, a 144-unit apartment property in Tucson, Arizona. The asset traded for $21.8 million, or $151,389 per unit. “Previous ownership enhanced...
Arcadia Plaza Apartments

Capstone has closed the sale of Arcadia Plaza Apartments

Capstone has closed the sale of Arcadia Plaza Apartments, a 13,188 SF multifamily property for the sale price of $4,600,000. Pat Knowlton of Capstone represented both the Seller and the Buyer on this transaction. Arcadia...
Breckenridge Apartments

DLP Capital finances $24 million multifamily by Idaho Capital of Boise

DLP Capital, a private real estate investment and financial services firm, announced that it has provided $24.4 million in acquisition financing for a new, 160-unit multifamily property in the greater Boise, Idaho metro area....
Trailside at Hermosa Pointe

Institutional Property Advisors brokers $91 million multifamily asset sale North Central Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Trailside at Hermosa Pointe, a 336-unit multifamily asset in Phoenix, Arizona. The property traded for $91 million, or $270,833 per...
Ascent

Avanath Capital Management acquires Ascent, a 168-unit multifamily community in Denver, Colorado for $58.1...

Avanath Capital Management, LLC, a private real estate investment manager, announces it has acquired Ascent, a 168-unit multifamily apartment community for $58.1 million. The property is located in the Denver suburb of Cherry Creek,...
Jordan Meehan has joined Viking Partners

Viking Partners names Jordan Meehan as new acquisitions manager in Denver

Jordan Meehan has joined Viking Partners as an Acquisitions Manager in the private equity real estate investment firm’s Western U.S. office in Denver, Colorado. Meehan is the firm’s first acquisitions-focused hire in the West...
Signalmen Apartments

Denver multihousing community secures $12.6 million financing

JLL Capital Markets announced that it has arranged $12.6 million in acquisition financing for Signalmen Apartments, a 52-unit, Class A, luxury, boutique apartment community located in the Sloan’s Lake neighborhood of Denver, Colorado. JLL represented...
SeventyOne15 McDowell

Institutional Property Advisors brokers $150 million luxury multifamily asset sale in Scottsdale, Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per...
The Boulevard

DB Capital purchases 296-unit multifamily community in Las Vegas for $64 million

Multifamily investment firm DB Capital Management (DB Capital) has made its entry into the Las Vegas market with the $64 million acquisition of the Boulevard, a 296-unit apartment community located just 20 minutes from...
Brookfield

Institutional Property Advisors brokers sale and arranges financing for North Phoenix multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Brookfield, a 124-unit multifamily asset in Phoenix, Arizona. The property sold for $31 million, which represents $250,000 per unit. “Buyers were...
Dana Park

Institutional Property Advisors closes $64.65 million multifamily asset sale in Mesa

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dana Park, a 222-unit apartment property in Mesa, Arizona. The $64.65 million sales price equates to $291,216 per unit. “For over...
Monterra

Institutional Property Advisors facilitates $73.25 million Las Vegas multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Monterra, a 344-unit multifamily property in Las Vegas, Nevada. The $73.25 million sales price equates to $212,936 per unit. “Las Vegas...
Las Palmas Villas

ABI Multifamily brokers 24-unit Wickenburg multifamily apartment community for $3 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,000,000 / $125,000 Per Unit / $133.98 Per SF sale of Las Palmas Villas, a...
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