Thursday, May 2, 2024

Mountain region

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

Confluence at Three Springs

Durango multihousing property sells to Denver-based private equity firm

JLL Capital Markets announced that it has arranged the sale of and acquisition financing for Confluence at Three Springs, a 171-unit, garden-style, multihousing community in Durango, Colorado. JLL marketed the property on behalf of the...
Urban Trails at the District

Westmount Realty Capital acquires garden-style multifamily community in Arizona

Westmount Realty Capital announced the acquisition of Urban Trails at the District, a two-story, garden-style apartment community located at 1620 W Southern Ave. in fast-growing Mesa. The 156-unit multifamily community consists of one- and...
Liv North Valley

Luxury North Phoenix multifamily asset sale brokered by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liv North Valley, a 385-unit luxury multifamily asset in Phoenix, Arizona. The property sold for $90 million, which equates to...
32 Arcadia

32 Arcadia, 104-unit multifamily community in Phoenix, Ariz., sells for $14.8 million

32 Arcadia, a 104-unit multifamily community, located at 3211 E. Pinchot Avenue in Phoenix, Arizona, has sold for $14,800,000. The buyer was Cowabunga Two, LLC, a private capital family office that focuses on acquiring...
Pembrooke on the Green Apartments

Oak Coast Properties announces $163 million disposition of Pembrooke on the Green Apartments

Oak Coast Properties announced the $163 million disposition of the Pembrooke on the Green Apartments in Denver, Colorado. The transaction is one of the largest apartment community sales in Denver by value in 2020. Oak...
Andrew Arambula

ABI Multifamily adds Andrew Arambula as associate to growing team

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., has added Andrew Arambula as an associate to the growing team. Arambula, a Scottsdale resident, comes to ABI from Kidder...
Volta at Voyager

Mountain View Capital acquires Volta at Voyager in Colorado Springs for $52.6 million

JLL Capital Markets announced that it has arranged the $52.6 million property sale and $37.556 million financing of the Volta at Voyager multihousing community located at 11275 Nahcolite Point in Colorado Springs, Colorado. JLL represented...
The View at North Peak

Trion Properties enters Denver, Colorado market with acquisition of 288-unit apartment community

Trion Properties, a real estate private equity firm that specializes in multifamily investments in western markets, has acquired The View at North Peak, a 288-unit multifamily community in Northglenn, Colorado, a suburb of Denver....
Verona Court

North Phoenix multifamily asset sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Verona Court, a 141-unit apartment complex in Phoenix, Arizona. The property sold for $20 million, which equates to $141,844 per...
Harlow Luxury Apartments

Next Wave Investors sells 98-unit luxury multifamily community in Las Vegas after completing strategic...

Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Harlow Luxury Apartments, a 98-unit Class A luxury multifamily community in Las Vegas, Nevada. The asset was...
colorado rental housing law

Rental housing law in Colorado

Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...
Cottonwood Terrace apartments

Colorado Springs apartments sold to Oak Coast Properties for $37.25 million

JLL Capital Markets announced that it has completed the $37.25 million sale and $28.5 million financing of the Cottonwood Terrace apartments located at 2864 Dublin Blvd in Colorado Springs, Colorado. JLL worked on the behalf...
Monterosa Villas

ABI Multifamily brokers Biltmore area apartment community for $6.95 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $6,947,500 / $365,658 per Unit / $158.55 per SF sale of Monterosa Villas, a 19-unit...

Trez Capital closes construction loans totaling $12.1 million for two townhome rental communities in...

Trez Capital announced the closing of construction loans for Lotus Company’s two townhome communities, Foxridge and Whisperwood, in Ogden, Utah. The two loans, totaling $12.1 million, are part of Trez’s first financing agreement with Lotus...
Liberty Crossing

Institutional Property Advisors brokers multifamily sale in Utah

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liberty Crossing, a 95-unit multifamily asset in Salt Lake City, Utah. “The underlying dynamics of the Salt Lake City investment market...
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