Wednesday, May 29, 2024

Mountain region

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

Cosanti Commons

HSR and DPC Cos Plan Future Development for Mixed-Use Multifamily Project Cosanti Commons in...

The City of Scottsdale is reviewing plans for a $100 million mixed-use project Cosanti Commons at the high-profile intersection of Scottsdale Boulevard and Shea. DPC Cos, along with High Street Residential, are teaming up on...
Alta Chandler

Institutional Property Advisors Brokers Sale and Arranges Financing for $94.5M Southeast Phoenix Multifamily Asset...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Alta Chandler at The Park, a 291-unit mid-rise multifamily asset in Chandler, Arizona. The property traded for $94.5 million, which...
Belmar Villas

ColRich Acquires its 19th Denver-Area Property, Belmar Villas in Lakewood for $74.3M

ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community in the Denver suburb of Lakewood, Colorado. ColRich paid $74.3 million for the project. Independence Realty Trust was the seller. ColRich is subject to a...
Canyon Trails

TerraLane Completes 297-Unit Single-Family BTR Project Canyon Trails South in Goodyear Arizona

TerraLane Communities has completed TerraLane at Canyon Trails South, a 297-unit rental home community in Goodyear, Arizona. TerraLane’s Steve La Terra added, “Goodyear is one of the fastest growing cities in the U.S. As the...
Hearthstone at City Center

The Bascom Group Acquires Multifamily Community Hearthstone at City Center in Aurora Colorado for...

An affiliate of Oberndorf Real Estate Management, LP. formerly known as The Axton Group, and The Bascom Group, LLC, announced that they have closed on the acquisition of the 360-unit Hearthstone at City Center,...
Meridian Heights

Institutional Property Advisors Closes Meridian Heights Multifamily Asset in Sandy Utah

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Meridian Heights, a 96-unit apartment property in Sandy, Utah. “The acquisition gives our buyer the opportunity to add value to a well-located multifamily...
The Peak at Oro Valley

Institutional Property Advisors Closes Suburban Tucson Multifamily Asset Sale The Peak at Oro Valley

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Peak at Oro Valley, a 330-unit multifamily property in Tucson, Arizona. “With strong resident demand and robust operational performance, The Peak...
San Miguel Court

The Bascom Group Acquires 96-Unit Apartment Community San Miguel Court in Santa Fe New...

The Bascom Group, LLC has acquired San Miguel Court Apartments, a 1974 built, 96-unit garden-style multifamily property located at 2029 Calle Lorca in Santa Fe, New Mexico. Ryan Greer and CJ Connelly of CBRE arranged the debt financing...
Multi-Housing Team

JLL Capital Markets Welcomes Veteran Phoenix Multi-Housing Team

JLL Capital Markets announced that Senior Managing Directors Brian Smuckler and Jeff Seaman and Senior Directors Derek Smigiel and Bryson Fricke have joined the firm’s multi-housing investment sales advisory team in Phoenix. The multi-housing team will...
Laurie Lane Apartments

ABI Multifamily Brokers 8-Unit South Glendale Multifamily Community Laurie Lane Apartments for $2.3M

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,300,000 / $287,500 Per Unit / $412.19 Per SF sale of Laurie Lane Apartments, an...
Nine Mile

New 255-Unit Multifamily Project Tempo Nine Mile in Aurora Colorado Tops Off

A joint venture of Draper and Kramer Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc.,  announced that Tempo Nine Mile, a new 255-unit multifamily development at the northeast corner of...
Sentio

Hines Sells Phoenix-Area Luxury Multifamily Development Sentio to IDEAL Capital for $108M

Hines, the global real estate investment, development, and property manager, announced the sale of Sentio, a luxury multifamily community located at the northwest corner of Happy Valley Road and 35th Avenue in North Phoenix,...
The Deco

Tower 16 Capital Partners Acquires The Deco at Victorian Square for $43 Million Its...

San Diego-based Tower 16 Capital Partners has successfully acquired The Deco at Victorian Square, a 209-unit multifamily property located in the rapidly growing Reno, Nevada, market. The project was built in 2021 and acquired...
The Windsor

Brixton Pays $125M for The Windsor Apartments in Lakewood Colorado

Brixton Capital acquired The Windsor, a 352-unit, two-story townhome and apartment community in Lakewood, Colorado. Brixton purchased The Windsor from TA Realty for $124.25 million. The property will be rebranded Brixton Townhomes at Bear...
Kindred Apartments

Quarterra Announces Leasing is Underway for the 224-unit Kindred Apartments in Denver’s Golden Triangle

Charlotte, North Carolina-based multifamily developer and operator Quarterra is expanding its Denver footprint with its 11th property in the city and second in the Golden Triangle neighborhood, Kindred Apartments, which opened for leasing earlier...
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