Mountain region

RanchHarbor and Westgrove Partners, two real estate investment firms based in Newport Beach, Calif. and Los Angeles respectively, announced their joint venture (JV) partnership in the acquisition of a two-property multifamily portfolio in Albuquerque,...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32.25 million / $201,563 Per Unit / $235.20 Per SF sale of Ventana Palms Apartment...

JLL Capital Markets announced it has arranged joint venture equity for the development of a 250-unit mixed-use, luxury apartment community located in Denver, Colorado. JLL represented the developer, Trammell Crow Residential, the multihousing development company...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of  Tierra Del Sol, a 276-unit apartment property in Mesa, Arizona. “The cities of Mesa, Gilbert and Chandler are characterized by consistently...

JLL Capital Markets announced it has arranged a $74.1 million refinancing for The Parc at Cherry Creek, a 408-unit garden style, multihousing property located in Denver, Colorado. JLL worked on behalf of PCC Partners, LLC,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Saratoga Apartments, a 286-unit multifamily asset in Mesa, Arizona. The property sold for $35,175,000, which represents $122,990 per unit. “Mesa’s strategic...

San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired La Mirada Apartments, a 201-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Sundance West Apartments, a 350-unit multifamily property in Reno, Nevada. “The Reno-Sparks...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Montreux, a 335-unit luxury mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, Arizona. The property sold for...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Keyway Apartments, a 230-unit apartment asset in Sparks, Nevada. The property...

Parkview Financial announced it has provided a $100 million loan to Reno City Center, LLC, an affiliate of Las Vegas-based CAI Investments, for the renovation and redevelopment of Harrah’s Reno Hotel and Casino to...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Seventh, a 286-unit multifamily asset in Phoenix, Arizona. The $38.325 million sales price represents $134,003 per unit and $250 per...

Bret Zinn has joined Kidder Mathews’ Phoenix office as a vice president, where he will partner with Karl Abert, expanding the firm’s multifamily investment services in Arizona. Zinn has been in the commercial real estate...

Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has acquired Spanish Oaks, a 216-unit garden style multifamily community in Las Vegas, Nevada for $28.075 million. Through existing broker...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Axio 8400, a 332-unit multifamily asset located 13 miles from Downtown Salt Lake City in Sandy, Utah. “The Greater Salt Lake...