Draper and Kramer acquires luxury rental community Senita on Cave Creek in Phoenix
Draper and Kramer, Incorporated, a national full-service real estate firm, announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek, a 15-building, 240-unit luxury rental...
Institutional Property Advisors closes $178 million North Tucson multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hilands, a 826-unit multifamily asset in Tucson, Arizona. The $178 million sales price, which represents $215,496 per unit, is the...
FCP expands multifamily portfolio in Colorado with $55 million acquisition of Heights on Huron...
FCP and joint venture partner Avanti Residential announce the $55 million acquisition of Heights on Huron, a 252-unit garden apartment community at 10648 Huron Street in Northglenn, Colorado. In May 2022, FCP announced its initial...
Institutional Property Advisors closes boutique Mesa multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Craft @ Gilbert & Baseline, a boutique, 104-unit multifamily asset in Mesa, Arizona. The $45 million sales price represents $432,692...
ABI Multifamily brokers 30-unit Northwest Phoenix apartment community for $7.65 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,650,000 / $255,000 Per Unit / $297.96 Per SF sale of The Cottages on Hayward,...
Thayer Manca Residential expands New Mexico portfolio
Thayer Manca Residential (TMR) has purchased their newest multifamily property in Albuquerque, New Mexico. TMR acquired Hunter’s Ridge, a 144-unit property, as they continue to invest in the New Mexico multifamily market. This is...
Institutional Property Advisors brokers Southern Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona. The $46.5 million sales price equates to $184,524 per unit. “Southern...
DB Capital acquires second multifamily property in Denver Metro in a month, expanding its...
DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community is Aurora, Colorado, for...
100-unit Summit on Thomas Apartments in Phoenix sell for $21 million
The Summit on Thomas apartments in Phoenix have been sold to Cowabunga, LLC for $21 million. Cowabunga is a private capital family office focused on the acquisition of urban infill sustainable communities throughout Phoenix....
ABI Multifamily brokers 34-unit Northwest Phoenix apartment community for $9.5 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $9,500,000 / $279,412 Per Unit / $376.15 Per SF sale of Urbana at Hayward, a...
Trion Properties makes largest acquisition to date with $108.75 million off-market acquisition in highly-desirable...
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has successfully completed the off-market acquisition of Terra Village, a 402-unit multifamily community in...
ZMR Capital enters Las Vegas market with $38.5 million acquisition of multifamily community
ZMR Capital has acquired Sunridge, a 216-unit multifamily community in Las Vegas, for $38.5 million, marking the Florida-based multifamily investment firm’s entry into the Southern Nevada real estate market. “The Las Vegas rental market continues...
Tower 16 Capital Partners announces the sale of Loramont on Thomas Apartments in Phoenix,...
Tower 16 Capital Partners has sold Loramont on Thomas Apartments, a 180-unit multifamily project in Phoenix, Arizona for $32.1 million. The property was purchased by Tower 16 in December 2019 for $11.7 Million in...
Institutional Property Advisors brokers multifamily asset sale in Mesa
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Talise, a 388-unit multifamily property in Mesa, Arizona. The asset traded for an undisclosed price. “Mesa’s favorable cost of living and...
Institutional Property Advisors closes $91 million North Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Azura Apartments, a 387-unit apartment asset in Phoenix, Arizona. The property sold for $91 million, which equates to $235,142 per...