Thompson Thrift Expands into Idaho with 264-unit Luxury Multifamily Development The Logan Near Boise
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced that it will develop The Logan, a 264-unit Class A multifamily community in Nampa, approximately 20...
Cushman & Wakefield Arranges the Sale of Trovita Rio Apartment Community in Tempe
Cushman & Wakefield announced that the firm arranged the sale of Trovita Rio, a 209-unit core apartment community located in Tempe, Arizona. Executive Managing Directors, David Fogler and Steven Nicoluzakis of Cushman & Wakefield procured...
Capstone Announces the $1.4M Sale of Yale Place Townhomes Near Colorado Springs
Capstone Companies has closed the sale of 512 & 528 Yale Place, two 4-unit multifamily properties in Cañon City, Colorado (just south of Colorado Springs) for the sale price of $1,425,000. The meticulously-maintained eight unit...
Greenlight Communities Closes on New Affordable Rental Community Cabana Kyrene Underway in Tempe
Greenlight Communities, the Scottsdale-based developer dedicated exclusively to building attainable and affordable rental housing without relying on government subsidies, is proud to announce the closing of its first community Cabana Kyrene in South Tempe. Situated...
T.B. Penick & Sons with Southern Land Co. Topped Off on All-for-Rent Apartment Tower...
San Diego-based general contractor T.B. Penick & Sons topped off Las Vegas’ first all-for-rent apartment tower Capella this month, developer Southern Land Co. announced last week. Upon completion, the 22-story Capella in the city’s Symphony...
Evergreen Real Estate Group Breaks Ground On 60-Unit Affordable Rental Community Rifle Apartments in...
Chicago-based Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, has announced the start of construction on Rifle Apartments, a 60-unit income-restricted rental community...
Arizona Senior Housing Portfolio Secures $96M Refinancing Loan by The Hampton Group
Douglaston Development and The Hampton Group Inc have obtained $96.5 million in refinancing for a five-property seniors housing portfolio consisting of 971 units located in the Phoenix, Mesa, Sedona and Chandler metropolitan areas of...
Avison Young Brokers $45.5M Sale of a 261-Unit Apartment Property Cascade Apartments in Henderson...
Avison Young announced that the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, Steve Nosrat and Michael Albanese based in the firm's Las Vegas office closed the $45.5 million sale ($174,330 per...
Sherman Residential Spends $72M on Phoenix Residential Acquisition Vela on Camelback
Sherman Residential closed on a significant multifamily buy in Phoenix, paying $72.05 million for Vela on Camelback, a 237-unit ($304k/unit) Class A community. The property was sold by Pacific Development Partners (PDP). Completed in 2018,...
Greenstone Partners Lists Entitled Land Opportunity for $8.5M
Greenstone Partners, in collaboration with ORION Investment Real Estate, is excited to announce the marketing of a newly entitled land opportunity located at 1734 E. Apache Boulevard in Tempe, Arizona, with an asking price...
Institutional Property Advisors Brokers Sale and Arranges Financing for Multifamily Asset Ponderosa Park Apartments...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Ponderosa Park Apartments, a 120-unit apartment property in Flagstaff, Arizona. The asset sold for $28.05 million, or $233,750...
Thompson Thrift to Develop 276-Unit Luxury Multifamily Community Switch in Colorado Springs
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced that it will develop Switch, a 276-unit Class A multifamily community, within Colorado Springs' Polaris Pointe...
AVE x RXR Announce New Property AVE Paradise Valley in Arizona
AVE, the residential real estate brand of Korman Communities, in partnership with RXR, announces the opening date of AVE Paradise Valley (12400 North Tatum Boulevard), a new elevated apartment community located in the reimagined...
Villas at Stone Trace Celebrates Grand Opening in Denver
Envolve LLC is excited to announce the grand opening of Villas at Stone Trace Apartments, a new 119-unit affordable housing community located at 5800 Tower Road #1601 in far northeast Denver. Villas at Stone Trace...
Successful Lease-Up Leads to Sale of Luxury Multifamily Community Village of Chandler in the...
Village of Chandler, a TruVista Development managed by Bryten Real Estate Partners, completed a successful lease-up which will result in the sale of the community. “Village of Chandler leased up very rapidly due to the...