Institutional Property Advisors Closes The Hadley North Scottsdale Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Hadley North Scottsdale, a 240-unit, mid-rise multifamily asset in Scottsdale, Arizona. IPA executive managing directors Steve Gebing and Cliff David represented the...
Southern Land Company Announces 3rd Street Assemblage Rental Community Breaks Ground in Downtown Las...
Southern Land Co. has been busy in Las Vegas. Its latest offering, 3rd Street Assemblage, will bring its Las Vegas portfolio to 1,200 units. Located in the burgeoning 18b Arts District in Las Vegas, this...
The Parker Tucson Luxury Student Housing Complex for the University of Arizona Sells for...
The Parker Tucson at 947 N Park Avenue, a luxury student housing complex with 130 units / 482 beds in 213,400 square feet living space in an 8-story LEED Silver Certified community. The project...
HSR and DPC Cos Plan Future Development for Mixed-Use Multifamily Project Cosanti Commons in...
The City of Scottsdale is reviewing plans for a $100 million mixed-use project Cosanti Commons at the high-profile intersection of Scottsdale Boulevard and Shea. DPC Cos, along with High Street Residential, are teaming up on...
Institutional Property Advisors Brokers Sale and Arranges Financing for $94.5M Southeast Phoenix Multifamily Asset...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Alta Chandler at The Park, a 291-unit mid-rise multifamily asset in Chandler, Arizona. The property traded for $94.5 million, which...
ColRich Acquires its 19th Denver-Area Property, Belmar Villas in Lakewood for $74.3M
ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community in the Denver suburb of Lakewood, Colorado. ColRich paid $74.3 million for the project. Independence Realty Trust was the seller. ColRich is subject to a...
TerraLane Completes 297-Unit Single-Family BTR Project Canyon Trails South in Goodyear Arizona
TerraLane Communities has completed TerraLane at Canyon Trails South, a 297-unit rental home community in Goodyear, Arizona. TerraLane’s Steve La Terra added, “Goodyear is one of the fastest growing cities in the U.S. As the...
The Bascom Group Acquires Multifamily Community Hearthstone at City Center in Aurora Colorado for...
An affiliate of Oberndorf Real Estate Management, LP. formerly known as The Axton Group, and The Bascom Group, LLC, announced that they have closed on the acquisition of the 360-unit Hearthstone at City Center,...
Institutional Property Advisors Closes Meridian Heights Multifamily Asset in Sandy Utah
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Meridian Heights, a 96-unit apartment property in Sandy, Utah. “The acquisition gives our buyer the opportunity to add value to a well-located multifamily...
Institutional Property Advisors Closes Suburban Tucson Multifamily Asset Sale The Peak at Oro Valley
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Peak at Oro Valley, a 330-unit multifamily property in Tucson, Arizona. “With strong resident demand and robust operational performance, The Peak...
The Bascom Group Acquires 96-Unit Apartment Community San Miguel Court in Santa Fe New...
The Bascom Group, LLC has acquired San Miguel Court Apartments, a 1974 built, 96-unit garden-style multifamily property located at 2029 Calle Lorca in Santa Fe, New Mexico. Ryan Greer and CJ Connelly of CBRE arranged the debt financing...
JLL Capital Markets Welcomes Veteran Phoenix Multi-Housing Team
JLL Capital Markets announced that Senior Managing Directors Brian Smuckler and Jeff Seaman and Senior Directors Derek Smigiel and Bryson Fricke have joined the firm’s multi-housing investment sales advisory team in Phoenix. The multi-housing team will...
ABI Multifamily Brokers 8-Unit South Glendale Multifamily Community Laurie Lane Apartments for $2.3M
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,300,000 / $287,500 Per Unit / $412.19 Per SF sale of Laurie Lane Apartments, an...
New 255-Unit Multifamily Project Tempo Nine Mile in Aurora Colorado Tops Off
A joint venture of Draper and Kramer Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc., announced that Tempo Nine Mile, a new 255-unit multifamily development at the northeast corner of...
Hines Sells Phoenix-Area Luxury Multifamily Development Sentio to IDEAL Capital for $108M
Hines, the global real estate investment, development, and property manager, announced the sale of Sentio, a luxury multifamily community located at the northwest corner of Happy Valley Road and 35th Avenue in North Phoenix,...