The Garret Company Converting Office Property to 368-Unit Apartment Units in Denver Area
The Garret Cos. is looking to turn a vacant 130,000-square-foot office building south of Denver into apartment units. The building, next to a Top Golf, will be demolished to make way for the apartments.
The...
Hamilton Zanze Announces Sale of Harvest Station in Denver Metro
Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sold Harvest Station, a 119-unit garden-style community in Broomfield, Colorado.
"We are thrilled with the sale of Harvest Station," said...
Empire Group Breaks Ground on Village at Borgata in San Tan Valley
Empire Group of Companies, has broken ground on Village at Borgata, a 287-unit single-family build-to-rent (BTR) community located at 3959 W. Hunt Highway. in San Tan Valley.
Situated on approximately 27 acres, Village at Borgata...
Institutional Property Advisors Brokers Sale of CIRC Tucson Multifamily Asset in Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of CIRC Tucson, a 368-unit multifamily property in Tucson, Arizona.
“CIRC Tucson is well-positioned within...
Institutional Property Advisors Brokers Sale of Casa Estrella del Norte Multifamily Asset in Tucson
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Casa Estrella del Norte, a two-story, 196-unit multifamily asset in Tucson, Arizona.
“All units...
NewPoint Originates $73.45M Freddie Mac Loan for Multifamily Acquisition in North Las Vegas
NewPoint Real Estate Capital LLC (NewPoint) has closed a $73.45 million Freddie Mac loan to finance the acquisition of a garden-style multifamily property in North Las Vegas, Nevada.
The five-year, fixed-rate loan includes full-term interest-only...
Brickstone Secures $49M Life Company Refinancing for Mountainaire in Boulder
Brickstone Partners, a full-service real estate investment and development firm headquartered in Nashville, announced it has secured $49 million in refinancing for Mountainaire, a student-focused multifamily community in Boulder, Colorado.
"We have deep expertise executing...
Shopoff Realty Investments Secures $52M Refinance of 270-Acre Project The Block at Elliot in...
Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced that it has secured $52 million in financing from Peachtree Group for The Block at Elliot in Mesa, Arizona,...
CONAM Expands Las Vegas Portfolio with Acquisition of Reverb at Spring Valley
CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group (CONAM), is pleased to announce the purchase of Reverb at Spring Valley, a 180-unit multi-family community in Las Vegas, NV....
Chandler Rental Community Country Brook Apartments Sells for $109.5M Facilitated By Colliers Arizona Office...
Country Brook Apartments, a 396-unit multifamily property in Southwest Chandler, has sold for $109.5 million.
Cindy Cooke, Brad Cooke, Chris Roach and Matt Roach in the Arizona office of Colliers handled the sales transaction. Luke...
Crow Holdings Secures $52M Refinance for 256-Unit Westminster Multifamily Property Canyon Reserve at the...
Mesa West Capital provided $52 million in short-term debt to an affiliate of Crow Holdings to refinance Canyon Reserve at the Ranch, a 256-unit multifamily property in Westminster, Colo. Crow bought the property in...
Stout Management Company Tapped to Manage Four-Property Multifamily Portfolio in Nevada
Stout Management Company is expanding its Nevada multifamily management portfolio by more than 300 units, adding Southern Nevada apartment management and leasing assignments at four properties in Las Vegas.
Stout is overseeing management and leasing...
Thompson Thrift Begins Construction on The Residences at The Gilmore Near Phoenix
Thompson Thrift, a full-service real estate company engaged in multifamily, mixed-use, industrial and commercial projects across the country, has begun construction on The Residences at The Gilmore, the multifamily portion of The Gilmore, a...
Mesa West Capital Provides $52M Loan to Refinance Canyon Reserve at the Ranch in...
Mesa West Capital has provided an affiliate of Crow Holdings Capital with $52 million in short-term, floating-rate first mortgage debt to refinance Canyon Reserve at the Ranch, a 256-unit garden-style multifamily community located in...
Empire Group Recapitalizes Three BTR Communities & Returns Capital to Investors
Empire Group of Companies, a leading Arizona-based real estate investment and development firm, has successfully recapitalized three of its single-family build-to-rent communities across the Phoenix metropolitan area.
The company closed bridge loans totaling over $144...