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...
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...
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...
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...
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...
PCCP, LLC provides a $59.3 million senior loan for the acquisition of a 300-unit...
PCCP, LLC has provided a $59.3 million senior loan to LDK Ventures for the acquisition of Integra Peaks at Damonte Ranch, a partially complete, 300-unit, Class A garden-style apartment community in Reno, Nevada. Located...
$21.258 million in financing secured for Colorado apartment community
JLL Capital Markets announced that it has arranged the refinancing of Gateway Place Phase II Apartments, a 144-unit, three-story, garden-style multihousing community in Greeley, Colorado. JLL worked on behalf of the borrower, Morgan Energy to...
Continental Realty Group & MLG Capital acquire Durango multifamily property
Continental Realty Group, through its subsidiary Continental Realty Assets, Ltd. (CRA), a Denver-based multifamily owner and operator, in partnership with Milwaukee-based MLG Capital, is pleased to announce the purchase of the 112-unit Skyline Apartments...
ABI Multifamily brokers 42-unit East Mesa townhome rental community for $20 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $20,000,000 / $476,190 Per Unit / $337.72 per square foot sale of Casa Sole Vita...
Institutional Property Advisors closes $93.5 million multifamily asset sale in Greater Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cabana 99th, a 286-unit attainable housing asset in Glendale, Arizona. The $93.5 million sale price represents $326,923 per unit. “The abundant...
ABI Multifamily brokers 199-unit Southeast Tucson multifamily apartment community for $37 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $37,000,000 / $185,930 Per Unit / $205.20 Per SF sale of Commons on Stella Apartment...
Berkadia arranges $55.5 million of equity and secures programmatic joint venture partner for development...
Berkadia announces it has sourced both a joint venture partner and a preferred equity provider for developer Moderne to build two new multifamily communities in Phoenix totaling 358 units: The Governor and Moderne Arrowhead. Cody...
American Landmark acquires Cabana 99th Apartments in Arizona’s Antique Capital
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cabana 99th, a brand new, 286-unit apartment community located in Glendale, Ariz., just outside the Phoenix metropolitan area....
Institutional Property Advisors closes $58.24 million multifamily asset sale in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villas Los Limones, a 224-unit multifamily asset in Phoenix, Arizona. The $58.24 million sales price represents $260,000 per unit. “Villas Los...
Institutional Property Advisors completes Salt Lake City 55-plus senior housing community sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Ivy at Draper, a 277-unit, 55-plus active senior housing community in Draper, Utah. “Draper City’s prestigious location at the Point...
