Sunday, May 5, 2024

Mountain region

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

Rise Melrose Apartments

ABI Multifamily brokers 96-unit North Central Phoenix multifamily apartment community for $25.55 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $25,550,000 / $266,146 Per Unit / $256.09 Per SF sale of Rise Melrose Apartments, a...
Peaks at Redington

Institutional Property Advisors closes $53.9 million Tucson apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Peaks at Redington, a 301-unit multifamily asset in Tucson, Arizona. The $53.9 million sales price represents $179,070 per unit. “Peaks at...
Las Brisas de Cheyenne

Avison Young brokers $40 million sale of 176-Unit apartment property in Las Vegas, Nevada

Avison Young announced the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, and Steve Nosrat, based in the firm’s Las Vegas office, closed the $40 million sale ($227,272 per unit) of Las...
Senita on Cave Creek

Draper and Kramer acquires luxury rental community Senita on Cave Creek in Phoenix

Draper and Kramer, Incorporated, a national full-service real estate firm, announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek, a 15-building, 240-unit luxury rental...
Hilands

Institutional Property Advisors closes $178 million North Tucson multifamily property sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hilands, a 826-unit multifamily asset in Tucson, Arizona. The $178 million sales price, which represents $215,496 per unit, is the...
Heights on Huron

FCP expands multifamily portfolio in Colorado with $55 million acquisition of Heights on Huron...

FCP and joint venture partner Avanti Residential announce the $55 million acquisition of Heights on Huron, a 252-unit garden apartment community at 10648 Huron Street in Northglenn, Colorado. In May 2022, FCP announced its initial...
Craft at Gilbert Baseline

Institutional Property Advisors closes boutique Mesa multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Craft @ Gilbert & Baseline, a boutique, 104-unit multifamily asset in Mesa, Arizona. The $45 million sales price represents $432,692...
The Cottages on Hayward

ABI Multifamily brokers 30-unit Northwest Phoenix apartment community for $7.65 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,650,000 / $255,000 Per Unit / $297.96 Per SF sale of The Cottages on Hayward,...
Hunter's Ridge

Thayer Manca Residential expands New Mexico portfolio

Thayer Manca Residential (TMR) has purchased their newest multifamily property in Albuquerque, New Mexico. TMR acquired Hunter’s Ridge, a 144-unit property, as they continue to invest in the New Mexico multifamily market. This is...
Port Royale

Institutional Property Advisors brokers Southern Arizona multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona. The $46.5 million sales price equates to $184,524 per unit. “Southern...
Gardens on Paris

DB Capital acquires second multifamily property in Denver Metro in a month, expanding its...

DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community is Aurora, Colorado, for...
The Summit on Thomas apartments

100-unit Summit on Thomas Apartments in Phoenix sell for $21 million

The Summit on Thomas apartments in Phoenix have been sold to Cowabunga, LLC for $21 million. Cowabunga is a private capital family office focused on the acquisition of urban infill sustainable communities throughout Phoenix....
Urbana at Hayward

ABI Multifamily brokers 34-unit Northwest Phoenix apartment community for $9.5 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $9,500,000 / $279,412 Per Unit / $376.15 Per SF sale of Urbana at Hayward, a...
Terra Village

Trion Properties makes largest acquisition to date with $108.75 million off-market acquisition in highly-desirable...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has successfully completed the off-market acquisition of Terra Village, a 402-unit multifamily community in...
Sunridge

ZMR Capital enters Las Vegas market with $38.5 million acquisition of multifamily community

ZMR Capital has acquired Sunridge, a 216-unit multifamily community in Las Vegas, for $38.5 million, marking the Florida-based multifamily investment firm’s entry into the Southern Nevada real estate market. “The Las Vegas rental market continues...
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