ABI Multifamily brokers Northeast Phoenix, Paradise Valley apartment community for $29.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $29,750,000 / $215,580 per Unit / $218.34 per SF sale of the Seventeen 805 Apartments, a 138-unit property in Phoenix, AZ. Built in...
Institutional Property Advisors brokers $91 million multifamily sale in suburban Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riata, a newly constructed, 300-unit apartment complex in Chandler, Arizona. The property sold for $91 million, or $303,333 per unit. “The...
Oak Coast Properties acquires $54.5 million Retreat at Water’s Edge apartments in Denver, Colorado
Oak Coast Properties announced the $54.5 million acquisition of Retreat at Water’s Edge, a 252-unit apartment community located in Denver. The most recent transaction in the firm’s heightened multifamily investment activity, the acquisition also demonstrates...
Institutional Property Advisors closes $55 million Phoenix-area multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eagle Crest, a 408-unit multifamily asset located near the Arrowhead Ranch master-planned community in Glendale, Arizona. The property sold for...
Institutional Property Advisors completes $84.48 million multifamily sale in Greater Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Fairways at San Marcos, a 352-unit apartment asset in Chandler, Arizona. The $84.48 million sales price equates to $240,000...
CBRE announces sale of Tuscany Palms in Mesa, Arizona for $83 million to Tides...
CBRE arranged the sale of the 582-unit multifamily community Tuscany Palms in Mesa, Ariz. on behalf of a partnership between Investcorp and BH Equities to Tides Equities for $83 million. CBRE’s Tyler Anderson, Sean Cunningham,...
Thayer Manca Residential acquires second Tucson property in a year
Thayer Manca Residential (TMR) has purchased Entrada Apartments, their newest multifamily property in Tucson, Arizona. TMR purchased the 424-unit property for $65,500,000 and is the largest acquisition to date for the company. With a $4.9m...
Fannie Mae lends $24.375 million for Colorado townhome community
JLL Capital Markets announced that it has arranged $24.375 million in acquisition financing for The Point at Biscay, formally known as Outlook Biscay, a 96-unit, Class A townhome community in Aurora, Colorado. JLL worked on...
Oak Coast Properties acquires ArtWalk Apartments at City Center Community in Englewood, Colorado, for...
Oak Coast Properties announced the $123.5 million acquisition of ArtWalk Apartments at City Center, a best-in-class 438-unit transit-oriented apartment community located in Englewood, Colorado. The purchase highlights Oak Coast Properties’ continued bullish stance on investment...
Pathfinder Partners acquires multifamily property in affluent Denver neighborhood
Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, announced the $18.2 million acquisition of Highlands at Red Hawk—a 56-unit apartment community in the affluent submarket of Castle Rock, just south...
Institutional Property Advisors brokers $117.5 million multifamily asset sale in Tempe, Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Onnix, a 659-unit multifamily asset in Tempe, Ariz. The property sold for $117.5 million, which equates to $178,300 per unit. “Proximate...
Texas multifamily property management company carves footprint into Arizona market
Roscoe Property Management (RPM), a national leader in multifamily property management, announced its expansion into the Arizona market through a merger with Phoenix-based Maverick Residential and the opening of a new regional office in...
Institutional Property Advisors brokers Greater Salt Lake City multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ascent in Cottonwood, a 160-unit multifamily property in Cottonwood Heights, Utah. “Greater Salt Lake City is maintaining its coveted position as...
Phoenix metro multifamily complex sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of MetroPointe Apartments, a 415-unit multifamily property in Tempe, Arizona. The asset sold for $96.75 million, which equates to $233,133 per...
Parkview Financial provides $26 million construction loan for 8-story, 115-unit apartment project in downtown...
Parkview Financial announced it has provided a $26 million construction loan to CRE Development Investments for the development of Art District Lofts located at 1275 Santa Fe Drive in Denver, CO. The entitled eight-story...