Thursday, May 2, 2024

Mountain region

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

Seventeen 805 Apartments

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...
Riata

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...
Retreat at Water’s Edge

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...
Eagle Crest

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...
Fairways at San Marcos

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...
Tuscany Palms

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,...
Entrada Apartments

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...
The Point at Biscay

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...
ArtWalk Apartments at City Center

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...
Highlands at Red Hawk

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...
Onnix

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...
LAS CASITAS APARTMENT

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...
Ascent in Cottonwood

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...
MetroPointe Apartments

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...
Art District Lofts

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...
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