Mountain region

Decron Properties has made its initial entry into the Arizona real estate market with the acquisition of Broadstone Rio Salado, a 278-unit multifamily property in Tempe, Ariz. for $96,150,000. Completed in 2020, Broadstone Rio Salado’s...

San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 332 units in the greater Phoenix area for $55 million. Summerhill Place Apartments is in Glendale, Ariz., and consists of...

JLL Capital Markets announced it closed the sale and arranged acquisition financing for Forum Fitzsimons, a 397-unit multihousing property located in Aurora, Colorado. JLL represented the seller, a partnership between Sightway Capital, Catalina Development and...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated Uptown Horizon's sale in Albuquerque. Managing Partner Paul Yazbeck represented the seller and procured the buyer. "Uptown Horizon...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cabana on 12th, a 252-unit multifamily asset in Phoenix, Arizona. The property sold for $54.5 million, which represents $216,270 per...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $27,000,000 / $247,706 Per Unit / $208.38 Per SF sale of Santana Ridge Luxury Rentals,...

RanchHarbor and Westgrove Partners, two real estate investment firms based in Newport Beach, Calif. and Los Angeles respectively, announced their joint venture (JV) partnership in the acquisition of a two-property multifamily portfolio in Albuquerque,...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32.25 million / $201,563 Per Unit / $235.20 Per SF sale of Ventana Palms Apartment...

JLL Capital Markets announced it has arranged joint venture equity for the development of a 250-unit mixed-use, luxury apartment community located in Denver, Colorado. JLL represented the developer, Trammell Crow Residential, the multihousing development company...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of  Tierra Del Sol, a 276-unit apartment property in Mesa, Arizona. “The cities of Mesa, Gilbert and Chandler are characterized by consistently...

JLL Capital Markets announced it has arranged a $74.1 million refinancing for The Parc at Cherry Creek, a 408-unit garden style, multihousing property located in Denver, Colorado. JLL worked on behalf of PCC Partners, LLC,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Saratoga Apartments, a 286-unit multifamily asset in Mesa, Arizona. The property sold for $35,175,000, which represents $122,990 per unit. “Mesa’s strategic...

San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired La Mirada Apartments, a 201-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Sundance West Apartments, a 350-unit multifamily property in Reno, Nevada. “The Reno-Sparks...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Montreux, a 335-unit luxury mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, Arizona. The property sold for...