Wednesday, March 27, 2024

Mountain region

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

Ascent 1829 Apartments

ABI Multifamily brokers 180-unit Northeast Phoenix multifamily apartment community for $48 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $48,000,000 / $266,667 Per Unit / $421.20 Per SF sale of Ascent 1829 Apartments, a...
Roadrunner on McDowell

Institutional Property Advisors brokers $193.5 million luxury multifamily asset sale in Scottsdale, Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Roadrunner on McDowell, a 356-unit multifamily asset in Scottsdale, Arizona. The property sold for $193.5 million, which equates to $543,539...
Arboretum at South Mountain

Institutional Property Advisors brokers $118.25 million luxury multifamily asset sale in Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Arboretum at South Mountain, a 312-unit multifamily asset inthe Ahwatukee Foothills Village of Phoenix, Arizona. The property sold for $118.25...
McKemy Manor

ABI Multifamily brokers 12-unit South Tempe multifamily apartment community for $3.05 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is pleased to announce the $3.05 million / $254,167 Per Unit / $282.41 per square foot sale of McKemy Manor,...
Haven at South Mountain Apartments

ABI Multifamily brokers 117-unit South Phoenix multifamily apartment community for $32 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32,000,000 / $273,504 Per Unit / $381.49 Per SF sale of Haven at South Mountain...
Palmilla Apartments

ABI Multifamily brokers 24-unit Northeast Phoenix multifamily apartment community for $3.525 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,525,000 / $146,875 Per Unit / $245.41 Per SF sale of Palmilla Apartments (510 East...
Bella Villas Apartments

ABI Multifamily brokers 21-unit South Scottsdale multifamily apartment community for $7 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,000,000 / $333,333 Per Unit / $338.16 Per SF sale of Bella Villas Apartments, a...
Bloom 24 Apartments

SB Real Estate Partners acquires Bloom 24 Apartments in Phoenix for $34.2 million

SB Real Estate Partners (SBREP) has acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix, Arizona for $34.2 million. While recently selling two of its Phoenix properties for nearly $100 million, SBREP remains...
Portola at Grovers Park

Institutional Property Advisors brokers multifamily asset sale in Northeast Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Portola at Grovers Park, a 141-unit multifamily asset in Phoenix, Arizona. The $36.6 million sales price equates to $259,574 per...
Vara

ABI Multifamily brokers 21-unit East Phoenix apartment community for $3.79 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,790,000 / $180,476 Per Unit / $263.19 Per SF sale of Vara, a 21-unit multifamily...
Portola West Valley

SB Real Estate Partners sells Phoenix multifamily portfolio to Rise48 for $96.4 million

SB Real Estate Partners (SBREP) has completed the sale of a two-property, 365-unit multifamily portfolio in Phoenix, Arizona to Rise48 Equity for $96.4 million. The sale, structured as separate transactions closing two weeks apart, included...
The Boulevard

Davlyn Investments acquires third Phoenix apartment community

Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $112,500,000 purchase of The Boulevard, a 294-unit, luxury, multifamily community in Phoenix, Arizona. The property, which will be re-branded “Boulders at...
Forest Manor Apartments

Kairos Investment Management Company acquires 103-unit affordable multifamily property in Glendale, Colorado

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Forest Manor Apartments, a 103-unit affordable multifamily property in Glendale, Colorado. “Kairos is constantly looking...
Tree Farm Lofts

$54.5 million secured for development of Colorado multihousing community

JLL Capital Markets announced that it secured $54.5 million in construction financing for Tree Farm Lofts, a 196-unit, six-building multihousing community located in Basalt, Colorado. JLL worked on behalf of the borrower, Lang Partners and...
The Morton

Institutional Property Advisors brokers Salt Lake City multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Morton, a 137-unit multifamily asset in Salt Lake City, Utah. “The Morton provides connectivity and convenience, and its modern, mid-rise...
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