Northmarq Brokers $36M Sale of 236-unit REO Multifamily Community U@19th in Phoenix
Northmarq's Phoenix Multifamily Investment Sales team completed the $36.06 million sale of U@19th, a rare, 236-unit, real estate owned (REO) multifamily community in the heart of the Midtown Phoenix submarket.
The Northmarq team — led...
Northmarq Arranges Combined $44.15M Sales of 2 Phoenix-Area Bower-Brand BTR Communities
Northmarq's Phoenix Multifamily Investment Sales team led by Ryan Boyle, Trevor Koskovich, Jesse Hudson and Logan Baca successfully led the collective $44.15 million sale of a pair of Phoenix-area build-to-rent (BTR) Class A communities...
Institutional Property Advisors Closes Suburban Salt Lake City Multifamily Property Sale of Christopher Village
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Christopher Village, a 114-unit multifamily asset in Ogden, Utah.
“Located on three parcels, the...
Joint Venture Close on Land for New Attainable Community Cabana Mesa Drive in Arizona
Greenlight Communities, Arizona’s leading developer of attainable workforce rental housing, in a joint venture with PGIM’s real estate business, has closed on a land purchase for its newest community, Cabana Mesa Drive, located at...
Porter Kyle Secures $28.5M Refinance for Newly Delivered Build-to-Rent Community The Cleveland in Goodyear
Porter Kyle, a Scottsdale-based vertically integrated multifamily BTR developer and general contractor, announced the closing of a $28,500,000 refinance for The Cleveland, a newly constructed 100-home build-to-rent community located at 1035 N. Sarival Avenue,...
Pennrose Celebrates Garfield Terrace Phase I Grand Opening and Phase II Groundbreaking
Pennrose, Butler Housing Company, CBC Financial Corp, the City of Phoenix, the Arizona Department of Housing, and project partners gathered to celebrate significant progress on Garfield Terrace, a $57 million, multi-phase development bringing 120...
IPA Brokers Sale and Arranges Financing for Multifamily Asset Alvera at the Meadows in...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale and financing of Alvera at the Meadows, 142-unit multifamily asset in American Fork, Utah.
“American...
JLL Secures $40.5M Refinancing for Newly Built Luxury Apartment Community in Tucson
JLL Capital Markets announced that it has secured a $40.5 million construction take-out refinancing for The Place at Silverbell Gateway, a newly constructed 300-unit Class-A apartment community in Tucson, Arizona.
JLL worked on behalf of...
Institutional Property Advisors Closes Multifamily Asset Sale in Tucson
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced sale of The Vintage, a 204-unit multifamily property in Tucson, Arizona. Community amenities include a newly...
Northmarq Arranges $38M Refinance of Bowers Residences Apartment Community in Salt Lake City
Northmarq's Salt Lake City Debt + Equity team led by John Bradshaw, Nate Barnson, Bracken Ostler and Adam Bradshaw successfully arranged the $38 million refinance of Bowers Residences, a 236-unit mid-rise apartment community located...
JLL Closes Two Private Capital Multifamily Assets, Maryland Greens and The Rio, in Metro...
JLL Capital Markets announced the sale of two garden-style apartment communities, totaling $20.65 million across the Phoenix metropolitan area. The transactions include the $10.7 million sale of Maryland Greens, a 78-unit community in Phoenix...
Gelt Venture Partners Acquires a 142-Unit Alvera at the Meadows Multifamily Property near Provo
Gelt Venture Partners, LLC (GVP) is pleased to announce it has acquired Alvera at the Meadows, a Class A, 142-unit multifamily property located at 688 W Nicholes Lane in American Fork, Utah.
Built in 2021...
MBK Rental Living Enters Colorado with Luxury Apartment Communities in Denver and Colorado Springs
MBK Rental Living, a preeminent lifestyle developer of apartment communities that has operated solely in California for more than a decade, announced that it has opened its first two luxury apartment communities, Alexan Peña...
TruAmerica Secures Two Rare Multifamily Acquisitions in Seattle and Phoenix Metro Areas
TruAmerica Multifamily, a national, vertically integrated multifamily investment firm, has acquired two highly unique apartment communities — Archstone Redmond Lakeview in the Seattle metro and Park Tower Apartments & Townhomes in the Phoenix metro.
"These...
Neighborhood Ventures Fund Acquired Distressed Phoenix Rental Property Through Pre-Foreclosure Sale
Neighborhood Ventures (NV), an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, announced the launch of Venture on Maryland, a 78‑unit multifamily community in Central...
