Friday, May 3, 2024

Mountain region

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

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,...
Portola at Papago

SB Real Estate Partners expands its burgeoning portfolio in Greater Phoenix

SB Real Estate Partners (SBREP) has acquired East 3434 Apartments, a Class B, 128-unit garden-style apartment community located in Phoenix, Ariz., for $27.5 million. The property has been renamed Portola at Papago, and SBREP...
Novella at Arcadia

Institutional Property Advisors brokers sale of Arizona’s preeminent build-to-rent (BTR) Assets

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two apartment assets in Phoenix, Arizona. They are 51-unit Novella at Biltmore and 36-unit Novella at Arcadia. “Both assets are boutique,...
The Place at Presidio Trails

MC Companies completes $72.7 million in refinancing for Arizona, Oklahoma multifamily assets

Full-service multifamily investment, management and development firm MC Companies has secured more than $72.7 million through the refinance of four Class A and B multifamily properties in Arizona and Oklahoma. The capital will be...
Cornell Apartments

ABI Multifamily brokers 51-unit multifamily apartment community for $11 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $11,019,000 / $216,059 Per Unit / $203.40 Per SF sale of Cornell Apartments, a 51-unit...
Art District Flats

Trez Capital closes $30 million+ bridge loan on newly opened mixed-use development in Denver’s...

Trez Capital announced the closing of a bridge loan in excess of $30 million to Denver-based CRE Development Investments, led by Leon Cisneros for the lease-up and stabilization of Art District Flats, a new mixed-use...
Desert Shadows

Thayer Manca Residential adds Tucson property to growing Arizona portfolio

Thayer Manca Residential (TMR) has purchased their newest multifamily property in Tucson, Ariz. TMR purchased Desert Shadows, a 338-unit property for $69,300,000.  Desert Shadows is the third property in TMR’s growing Tucson portfolio. TMR acquired...
Monterra Apartments

TriWest Multifamily acquires 312-unit apartment community in Albuquerque, New Mexico

TriWest Multifamily announced that it has acquired Monterra Apartments, a 312-unit multifamily community located at 4217 Louisiana Boulevard NE in Albuquerque, New Mexico. The property was purchased in an off-market transaction from Vukota Capital...
Irwin Laroza

Irwin Laroza joins Marcus & Millichap Capital Corporation as Senior Director in Salt Lake...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, announced that Irwin Laroza has joined the company as a senior director in Salt Lake City. In his...
Accolade

Institutional Property Advisors closes $155 million multifamily asset sale in suburban North Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Accolade, a 548-unit multifamily asset in Phoenix, Arizona. The property sold for $155 million or $282,847 per unit. The transaction...
David Mannion

MC Companies hires industry veteran David Mannion as COO amid major portfolio expansion

Supporting a major portfolio expansion plan, full-service multifamily investment, management and development firm MC Companies has hired David Mannion as its Chief Operating Officer. A 20-year industry veteran, Mannion now serves as part of the MC...
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