Mountain region

Intercontinental Real Estate Corporation (Intercontinental) has acquired Garden Grove Apartments, a 376-unit garden-style apartment complex in Tempe, Ariz. for $126 million. The acquisition marks Intercontinental’s fifth acquisition in Phoenix. Garden Grove Apartments is located at...

Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $114,385,000 purchase of Trevi a 290-unit, Class A, luxury multifamily community, constructed in 2005, located in Chandler, Arizona. This is Davlyn’s...

San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired...

JLL Capital Markets announced that it has arranged $60 million in financing for the acquisition of Lodge on 84th, a 300-unit, garden-style multihousing community located in the Denver-area community of Federal Heights, Colorado. JLL worked...

Decron Properties continues to build a formidable portfolio of multifamily assets in the Phoenix MSA with its acquisition of Arrowhead Ranch by Baron (Arrowhead Ranch), a 256-unit community located in Glendale, Ariz. for $101...

Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired Willow Creek Apartments, a 160-unit garden-style apartment community in Prescott, Arizona, for $58 million. The firm has been...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cantala, a 184-unit apartment property in Glendale, Arizona. The property sold for $51.6 million or $280,435 per unit. “Built in 1986,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Incline at Anthem, a 298-unit, age 55-plus multifamily complex in Herriman, Utah. “The property is the first active, older adult multifamily...

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...

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...

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...

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,...

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...

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...

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...