Friday, March 29, 2024

Mountain region

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

Siena Townhomes

Kairos Investment Management Company acquires 195-unit affordable multifamily property in Las Vegas, Nevada

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Siena Townhomes, a 195-unit affordable multifamily property in Central Las Vegas, Nevada, in an...
Point 21 Urban Flats

Urban multihousing asset buy in downtown Denver financed for $52 million

JLL Capital Markets announced that it has arranged $52 million in acquisition financing for Point 21 Urban Flats, a 212-unit, luxury, core-plus, podium-style multihousing asset in downtown Denver, Colorado. JLL worked on behalf of the...
Glenbrook Apartments

RanchHarbor acquires value-add multifamily complex in Boise, Idaho

RanchHarbor, a real estate investment firm based in Newport Beach, Calif, announced its acquisition of Glenbrook Apartments, a 112-unit multifamily garden-style apartment complex in Boise. RanchHarbor purchased the 92 percent-occupied asset in an off-market...
Aspen Village Apartments

Next Wave completes value-add program, sells 90-unit apartment community in the Salt Lake City...

Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Aspen Village Apartments, a 90-unit apartment community in West Valley City, Utah to a local buyer. Next Wave,...
Claro at High Point

$90.4 million in capital secured for Opportunity Zone multihousing development near Denver

JLL Capital Markets announced that it has arranged $90.4 million in combined joint venture equity and construction financing for Claro at High Point, a 365-unit, Class A, garden-style multihousing development in an Opportunity Zone...
Loft 9 Apartments

Joint venture between PCCP, LLC and Trion Properties acquires Loft 9 Apartments, a 418-unit...

A joint venture of PCCP, LLC and Trion Properties announced the acquisition of Loft 9 Apartments, a 418-unit low-rise apartment community located at 11100 E Dartmouth Avenue in Denver, CO. Built in phases between 1975...
The Halifax

Institutional Property Advisors closes North Central Phoenix area multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Halifax, a 300-unit multifamily asset in Phoenix, Arizona. The $76 million sales price represents $253,333 per unit. “Nearby high-priced single-family...
Westover Parc Apartments

ABI Multifamily brokers 160-unit Far West Phoenix multifamily apartment community for $41.625 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $41,625,000 / $260,156 Per Unit / $284.71 Per SF sale of Westover Parc Apartments, a...
The Russell Apartments

SB Real Estate Partners enters Las Vegas multifamily market with $67 million acquisition near...

SB Real Estate Partners (SBREP) has acquired The Russell Apartments, a 241-unit garden-style apartment home community for $67.0 million, marking the California-based multifamily investment firm’s entry into the Las Vegas real estate market. The Russell...
Avery on the Green

Decron Properties acquires multifamily community in Phoenix for $125.25 million

Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery on the Green, a 324-unit multifamily property in the submarket of Chandler, Ariozona for...
Copper Heights Assisted Living

ABI Multifamily brokers 78-unit East Mesa assisted living community for $3.8 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,800,000 / $48,718 Per Unit / $61.32 Per SF sale of Copper Heights Assisted Living...
Charles Denver West

Financing arranged for new infill multihousing development near Denver

JLL Capital Markets announced that it has arranged a construction loan for the development of The Charles Denver West, a 230-unit, Class A, multihousing community in the Denver community of Golden, Colorado. JLL represented the...
Oxford Apartment Homes

432-unit Phoenix multihousing community closes

JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Oxford Apartment Homes, a 432-unit, low-density garden-style multihousing community in Phoenix, Arizona. JLL marketed the property on behalf of...
Delano

Institutional Property Advisors completes Southeast Valley of the Sun Multifamily property sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Delano, a 265-unit multifamily property in Mesa, Arizona. The $64 million sales price equates to $241,509 per unit. “Mesa’s low cost...
Cordillera Luxury Condominiums

ABI Multifamily brokers 84 of 272 total unit Northeast Phoenix luxury condominium community for...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $18 million / $214,286 Per Unit / $186.78 Per SF sale of Cordillera Luxury Condominiums,...
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