Friday, April 19, 2024

Mountain region

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

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...
Jed Weidauer

WestCorp Management Group appoints Jed Weidauer director of business development

Henderson based multifamily management firm WestCorp Management Group has appointed Jed Weidauer director of business development. Weidauer has been with the company since 2011 with responsibilities including management, openings and lease ups of WestCorp’s...
Stoney Creek Apartments

JLL secures $27.5 million refinancing through Fannie Mae

JLL Capital Markets announced that it has arranged $27.5 million in financing for Harmony Heights Apartments and Stoney Creek Apartments, two garden-style multihousing communities totaling 533 units in Rapid City, South Dakota. JLL worked on...
Capital Place apartments

Epoch Residential sells 292-unit apartment community in Phoenix to Knightvest Capital

JLL Capital Markets announced that it has completed the sale and financing of Capital Place apartments located at 11 S. 12th St. in Phoenix, Arizona. JLL arranged the sale from Epoch Residential to Knightvest Capital....
Acero Glendale

PCCP, LLC provides $39.4 million senior loan for the development of a 352-unit apartment...

PCCP, LLC announced that it has provided a $39.4 million senior loan to IDM Companies for the ground-up development of Acero Glendale, a Class A garden-style multifamily community located at the northwest corner of...
The Cliffs at Minnetonka

JLL arranges $28 million financing for suburban Minneapolis apartments

JLL Capital Markets announced that it has arranged $28 million in financing for The Cliffs at Minnetonka, a 456-unit garden-style apartment community in Minnetonka near Minneapolis, Minnesota. JLL worked on behalf of the borrower, The...
Ocotillo Apartments

Stepp Commercial completes $12.8 million acquisition of a 173-unit apartment property in Phoenix

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed $12.8 million acquisition of Ocotillo Apartments, a 173-unit apartment community located at 1780 West Missouri Avenue in Phoenix, Ariz. A...
Desert Willow

West Central Phoenix multifamily asset sale brokered by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $20.7 million sale of Desert Willow, a 280-unit multifamily property in Phoenix, Arizona. Pete...
Cabana on 99th

JLL arranges $22.9 million construction loan for Phoenix development

JLL Capital Markets announced that it has arranged construction financing and joint venture equity for the development of Cabana on 99th, a 286-unit, garden-style multihousing project in Phoenix’s Glendale submarket. JLL worked on behalf of...
Autumn Creek

JLL arranges $185.63 million financing for Phoenix-area multihousing properties

JLL Capital Markets announced that it has arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multihousing properties in and around Phoenix, Arizona. JLL worked on behalf of the borrower, a partnership...
Mt. Carmel and Mt. Village

Mt. Carmel and Mt. Village Apartments sell for $2.8 million

Affordable Housing Investment Brokerage Inc. recently sold two Waterloo, Iowa apartment complexes, Mt. Carmel and Mt. Village, for $2,800,000. Managing Director Kyle Shoemaker and Senior Vice President Dan Piatkowski, represented both the purchaser, a...
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