Friday, May 10, 2024

Mountain region

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

Regency Square

Institutional Property Advisors closes Southwest Arizona apartment property sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Regency Square, a 304-unit, two-story, garden-style multifamily asset in Yuma, Arizona. The property sold for $41.5 million, which represents $136,513...
Fairview Apartments

Marcus & Millichap closes $27.6 million multifamily asset sale in Suburban Denver

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairview Apartments, a 100-unit multifamily asset in Aurora, Colorado. The property...
Phoenician Pines

ABI Multifamily brokers 92 of 240 rental condominium units in Northwest Phoenix for $22...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $22,000,000 / $239,130 Per Unit / $234.80 Per SF sale of Phoenician Pines Condominium Homes,...
Cantamar Apartments

SB Real Estate Partners acquires Cantamar Apartments in Glendale, Arizona for $58.1 million

SB Real Estate Partners (SBREP) has acquired Cantamar Apartments, a 180-unit garden style multifamily community in Glendale, Arizona for $58.1 million. The property will be rebranded as Portola On Bell. SBREP has been an active...
Fitzsimons Apartments

$95 million capitalization secured for Denver-area multihousing development

JLL Capital Markets announced that it has arranged $95 million in debt and equity for the construction of Fitzsimons Apartments, a 355-unit, garden-style, Class A multihousing development in Aurora, Colorado. JLL represented the borrower, MGL...
The Vicinity Apartments

ABI Multifamily brokers 125-unit North Central Phoenix multifamily apartment community for $37.5 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $37,500,000 / $300,000 Per Unit / $360.11 Per SF sale of The Vicinity Apartments, a...
Hotel Elegante

The Davies Group at George Smith Partners successfully secures $42.5 million in construction financing...

Malcolm Davies and Zack Streit of The Davies Group at Los Angeles-based George Smith Partners, a premier commercial real estate capital advisory firm, arranged $42.5 million in construction financing for the conversion of a...
Marmalade Hill

DB Capital acquires 71-unit apartment community in Downtown Salt Lake City

Multifamily investment firm DB Capital Management (DB Capital) continues to expand its Utah presence with the acquisition of Marmalade Hill, a 71-unit apartment complex in downtown Salt Lake City for $18.6 million. Located less than...
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...
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