Sunday, November 24, 2024

Mountain region

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

Cantala

Institutional Property Advisors closes $51.6 million multifamily asset in the Northwest Valley of Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cantala, a 184-unit apartment property in Glendale, Arizona. The property sold for $51.6 million or $280,435 per unit. “Built in 1986,...
Incline at Anthem

Institutional Property Advisors brokers suburban Salt Lake City multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Incline at Anthem, a 298-unit, age 55-plus multifamily complex in Herriman, Utah. “The property is the first active, older adult multifamily...
Siena Townhomes

Kairos Investment Management Company acquires 195-unit affordable multifamily property in Las Vegas, Nevada

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Siena Townhomes, a 195-unit affordable multifamily property in Central Las Vegas, Nevada, in an...
Point 21 Urban Flats

Urban multihousing asset buy in downtown Denver financed for $52 million

JLL Capital Markets announced that it has arranged $52 million in acquisition financing for Point 21 Urban Flats, a 212-unit, luxury, core-plus, podium-style multihousing asset in downtown Denver, Colorado. JLL worked on behalf of the...
Glenbrook Apartments

RanchHarbor acquires value-add multifamily complex in Boise, Idaho

RanchHarbor, a real estate investment firm based in Newport Beach, Calif, announced its acquisition of Glenbrook Apartments, a 112-unit multifamily garden-style apartment complex in Boise. RanchHarbor purchased the 92 percent-occupied asset in an off-market...
Aspen Village Apartments

Next Wave completes value-add program, sells 90-unit apartment community in the Salt Lake City...

Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Aspen Village Apartments, a 90-unit apartment community in West Valley City, Utah to a local buyer. Next Wave,...
Claro at High Point

$90.4 million in capital secured for Opportunity Zone multihousing development near Denver

JLL Capital Markets announced that it has arranged $90.4 million in combined joint venture equity and construction financing for Claro at High Point, a 365-unit, Class A, garden-style multihousing development in an Opportunity Zone...
Loft 9 Apartments

Joint venture between PCCP, LLC and Trion Properties acquires Loft 9 Apartments, a 418-unit...

A joint venture of PCCP, LLC and Trion Properties announced the acquisition of Loft 9 Apartments, a 418-unit low-rise apartment community located at 11100 E Dartmouth Avenue in Denver, CO. Built in phases between 1975...
The Halifax

Institutional Property Advisors closes North Central Phoenix area multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Halifax, a 300-unit multifamily asset in Phoenix, Arizona. The $76 million sales price represents $253,333 per unit. “Nearby high-priced single-family...
Westover Parc Apartments

ABI Multifamily brokers 160-unit Far West Phoenix multifamily apartment community for $41.625 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $41,625,000 / $260,156 Per Unit / $284.71 Per SF sale of Westover Parc Apartments, a...
The Russell Apartments

SB Real Estate Partners enters Las Vegas multifamily market with $67 million acquisition near...

SB Real Estate Partners (SBREP) has acquired The Russell Apartments, a 241-unit garden-style apartment home community for $67.0 million, marking the California-based multifamily investment firm’s entry into the Las Vegas real estate market. The Russell...
Avery on the Green

Decron Properties acquires multifamily community in Phoenix for $125.25 million

Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery on the Green, a 324-unit multifamily property in the submarket of Chandler, Ariozona for...
Copper Heights Assisted Living

ABI Multifamily brokers 78-unit East Mesa assisted living community for $3.8 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,800,000 / $48,718 Per Unit / $61.32 Per SF sale of Copper Heights Assisted Living...
Charles Denver West

Financing arranged for new infill multihousing development near Denver

JLL Capital Markets announced that it has arranged a construction loan for the development of The Charles Denver West, a 230-unit, Class A, multihousing community in the Denver community of Golden, Colorado. JLL represented the...
Oxford Apartment Homes

432-unit Phoenix multihousing community closes

JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Oxford Apartment Homes, a 432-unit, low-density garden-style multihousing community in Phoenix, Arizona. JLL marketed the property on behalf of...
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