Mountain region

JLL announced today that it has arranged $40.27 million in financing for Palisade Park, a 216-unit, garden-style apartment community in the north Denver suburb of Broomfield, Colorado. JLL worked exclusively on behalf of Jeffrey Sanders...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Bloom 24, a 114-unit multifamily complex in Phoenix. Highline Property Group (Highline), based in Denver, Colorado, purchased the property...

The new Williams Village East residence hall at the University of Colorado Boulder proudly welcomed its first students in August for the fall 2019 semester. The 178,000-square-foot residence hall, the university’s largest, houses a...

JLL announced today that it has arranged a $60.3 refinancing for Edison at RiNo, a newly constructed, 277-unit multihousing complex in Denver’s RiNo neighborhood. JLL worked on behalf of the borrower, Clarion Partners, LLC, to...

Montego Bay Apartments, a 192-unit complex located at 409 S. Lenzner Avenue in Sierra Vista, Arizona, has sold for $13,912,500. The seller was CW Capital Commercial Real Estate Services, a loan servicing company that...

CBRE has completed the sale of the 43-unit Coronado 137 apartment community in Phoenix. Equity Advantage, Inc., an Oregon-based 1031 exchange buyer acquired the property from Phoenix-based Coronado 137 LLC for $7.5 million. Brian Smuckler,...

Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce the $92 million sale of Westhills Apartment Homes, a 400-unit apartment property located at 453 Van Gordon Street...

Pensam Residential, a national multihousing owner/ operator, has closed on a preferred equity investment to facilitate the $69 million recapitalization of Loft 9, a 418-unit apartment community located in Denver, Colorado. The sponsor is a...

JLL announced today that it has secured $25 million in construction and bridge financing for 777 and 757 Grant Street in Denver, Colorado. 777 Grant Street is a vintage office building that will be...

Affordable housing in Northern Nevada is about to see some real change in South Reno. On July 24, 2018, Greenstreet Companies and Vintage Housing broke ground on Steamboat by Vintage, a brand new 360-unit...

McShane Construction Company is pleased to announce that they have been selected by Leon Capital Group to construct Soltra at SanTan Village, a new luxury multifamily development in Gilbert, Arizona. “The population of Gilbert has...

CBRE announced the sale of the 266-unit multifamily community Avia 266 from Thayer Manca Residential to Geringer Capital for $45.25 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional...

High Street Residential, the residential subsidiary of Trammell Crow Company, and its partner, Principal Real Estate Investors, announced that construction has begun on a luxury 160-unit multifamily development in the heart of Downtown Scottsdale....

Westmount Realty Capital announced the acquisition of 949 at the District, a 154-unit multifamily community located at 949 South Longmore St. in Mesa, near Phoenix. Built in 1979, 949 at the District offers one-...

Thayer Manca Residential (TMR) has sold their latest multifamily property in the Tempe, Ariz. market, Avia 266, for $45,250,000. The Seattle-based investment firm acquired the 266-unit apartment community in January 2015 for $19,200,000 and...