Mountain region

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Peak 16, a 233-unit multifamily asset in Phoenix, Arizona. The $81.35 million sales price equates to $349,142 per unit. “Core multifamily...

SB Real Estate Partners (SBREP) has acquired ReNew 3030, a Class B, 126-unit garden-style apartment community located in Mesa, Arizona, for $24.3 million. The property was renamed Portola East Mesa and will undergo a...

Avison Young announced the Sauter Multifamily Group has brokered the $1.7 million sale of Las Vegas Apartments, a 20-unit multifamily property located at 201, 255, and 275 N Decatur Blvd, Las Vegas, Nevada. Avison Young...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverside, a 164-unit apartment property in Tempe, Arizona. The asset sold for $46 million. “One of the few value-add multifamily assets...

JLL Capital Markets announced that it has closed the sale of Sedona Ridge, a 250-unit, garden-style multihousing community in Phoenix, Arizona. JLL marketed the property on behalf of the owner, Sares Regis Multifamily Funds. An...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42,000,000 / $152,174 Per Unit / $233.50 Per SF sale of Solano Pointe Apartments, a...

Decron Properties continued its rapid expansion into the Phoenix MSA with its acquisition of Broadstone Grand, a 300-unit multifamily community in Tempe Arizona for $106.5 million. Since entering the market in May of this year,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sales of The District at Fiesta Park, a 321-unit multifamily asset in Mesa and Arcadia on 49th, a 192-unit multifamily asset in...

San Diego-based Tower 16 Capital Partners has acquired two properties across two separate transactions totaling 508 units in Phoenix, Ariz., for a total of $78.5 million. Banyantree Apartments, a 232-unit multifamily property located in...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32,850,000 / $157,933 Per Unit / $230.69 Per SF sale of Veranda & Sunflower Apartments,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Newport, a 204-unit multifamily property in Avondale, Arizona. The asset traded for $54 million, which equates to $264,706 per unit. “Defined...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged financing of $20.25 million for the development of Meadowview of Davenport, a seniors housing facility...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $13,200,000 / $110,000 Per Unit / $232.66 Per SF sale of 1410 South Country Club...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Falls at Hunters Pointe, a 276-unit multifamily property in Sandy, Utah. “Built in 1994, Falls at Hunters Pointe benefits from the...

JLL Capital Markets announced that it has arranged a $76.8 million loan for S’PARK Phase I, a newly constructed, mixed-use, Class A, multihousing community with office and ground-floor retail space in the Boulder Junction...