Sunday, May 5, 2024

Mountain region

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

Village Apartments

PCCP, LLC provides $68 million senior construction loan for a Class A 336-unit apartment...

PCCP, LLC has provided a $68 million senior construction loan to a joint venture between the Rockworth Companies and the Gasser Family for the ground-up development of Village Apartments, a Class A, 336-unit apartment...
The Fitz on 14th

Marcus & Millichap completes suburban Denver apartment sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Fitz on 14th, a 176-unit multifamily property located in Aurora,...
Vantage Lofts

$60.25 million sale of multihousing community near Las Vegas closes

JLL Capital Markets announced that it has closed the $60.25 million sale of Vantage Lofts with a price per unit closing of $547,727. The property is a 110-unit, luxury multihousing community located within the...
Flagstaff Elkwood

$49.45 million loan secured for 224-unit Flagstaff multihousing development

JLL Capital Markets announced that it has arranged $49.45 million in construction financing for the development of Flagstaff Elkwood, a to-be-built, 224-unit multihousing community, along with 6,000 square feet of retail space, in Flagstaff,...
Tempe Metro

Sale of multihousing community in Arizona closes

JLL Capital Markets announced that it has closed the sale of Tempe Metro, a 408-unit, value-add, wrap-style multihousing community in Tempe, Arizona. JLL marketed the property on behalf of the seller, a joint venture between...
Villatree

Institutional Property Advisors negotiates Tempe multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villatree, a 150-unit apartment property in Tempe, Arizona. The asset sold for $43.1 million which equates to $287,333 per unit. “Villatree...
Metro Tucson

Institutional Property Advisors facilitates Tucson multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Metro Tucson, a 232-unit multifamily property in Tucson, Arizona. The asset sold for $38.5 million, which represents $165,948 per unit. “Metro...
Aviara

Davlyn Investments acquires second Las Vegas apartment community

Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $65,500,000 purchase of Rancho Destino a 184-unit, luxury, multifamily community in Las Vegas, Nevada. The property, which has been re-branded Aviara,...
Autumn Glen

DB Capital acquires Fifth Salt Lake City multifamily community in the past two years

DB Capital Management (DB Capital) and equity partner Thrive FP has acquired Autumn Glen, a 100-unit apartment community in the Salt Lake City submarket of Taylorsville, Utah. It is DB Capital’s fifth purchase in...
The Village at Tierra Antigua

Thayer Manca Residential adds property to growing New Mexico portfolio

Thayer Manca Residential (TMR) continues to expand its multifamily portfolio in Albuquerque, New Mexico. TMR has acquired The Village at Tierra Antigua, the fourth property acquired by TMR through its $88 million fund, TMR...
The Wyatt

Decron Properties acquires 216-unit multifamily property in Phoenix Metro for $91 million

Decron Properties has acquired The Wyatt, a 216-unit garden-style apartment community in the Phoenix submarket of Gilbert, Arizona, for $91 million. It is the ninth acquisition for Decron in the Phoenix metro overall and...
Thrive at Peace Way

Haven Realty Capital and Apollo Global Management close on Las Vegas BTR Community

Haven Realty Capital (Haven), in partnership with funds managed by an affiliate of Apollo Global Management, Inc., has closed the first phase of a $22.8 million acquisition of a build-to-rent (BTR) townhome community now...
Dolce Villagio Lofts

Institutional Property Advisors closes boutique East Valley build-to-rent multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Villagio Lofts, a 37-unit multifamily asset in Tempe, Arizona. The $21.25 million sales price equates to $574,324 per unit. “Dolce...
Villatree Apartments

$28.4 million in financing secured for Arizona multihousing community

JLL Capital Markets announced that it has arranged the $28.4 million financing for Villatree Apartments, a 150-unit, garden-style multihousing community in Tempe, Arizona. JLL represented the borrower, Epic Investment Services, to secure the five-year, floating-rate...
Skywater at Town Lake

Mesa West Capital funds $108 million loan for acquisition of Phoenix, Arizona multifamily development

Mesa West Capital has provided KB Investment and Development Company with $108 million in first mortgage debt for its acquisition a 328-unit multifamily property in Phoenix, Arizona. The five-year, floating rate loan is secured by...
Yield PRO