$49 million acquisition financing secured for the Aspire 7th & Grant apartments in Capitol...
JLL Capital Markets announced it secured a $49 million acquisition financing for the Aspire 7th & Grant, a newly constructed, luxury multihousing property with ground-floor retail located in the Capitol Hill submarket of Denver,...
Trophy multihousing property near Phoenix refinanced with $36.35 million loan
JLL Capital Markets announced that it has arranged a $36.35 million refinancing for The Premiere at Eastmark, an apartment community in Mesa, Arizona.
JLL worked on behalf of the borrower, Los Angeles-Seaview Capital, to originate...
Capstone has closed the sale of Arcadia Plaza Apartments
Capstone has closed the sale of Arcadia Plaza Apartments, a 13,188 SF multifamily property for the sale price of $4,600,000. Pat Knowlton of Capstone represented both the Seller and the Buyer on this transaction.
Arcadia...
Tower 16 Capital Partners acquires a two-property, 332-unit multifamily portfolio in Phoenix for $55...
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 arranged the acquisition financing for Lightner Creek Village Apartments in Durango
JLL Capital Markets announced that it has arranged $4.95 million in acquisition financing for Lightner Creek Village Apartments, a 35-unit multihousing community in Durango, Colorado.
JLL worked on behalf of the borrower, Trailbreak Partners, to...
Continental Realty Advisors pays $222,000 per unit in Las Vegas, acquiring The Onyx Apartments...
Continental Realty Advisors, Ltd. ("CRA"), a Denver-based multifamily investment firm, has completed the acquisition of The Onyx, a 63-unit community in the Las Vegas Strip submarket. Occupancy at the property is high due to...
Sale of 250-unit multihousing community in Phoenix closes
JLL Capital Markets announced that it has closed the sale of Sedona Ridge, a 250-unit, garden-style multihousing community in Phoenix, Arizona.
JLL marketed the property on behalf of the owner, Sares Regis Multifamily Funds. An...
Institutional Property Advisors brokers Salt Lake City multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Morton, a 137-unit multifamily asset in Salt Lake City, Utah.
“The Morton provides connectivity and convenience, and its modern, mid-rise...
Thayer Manca Residential sells $45.25 million property in Arizona
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...
Institutional Property Advisors negotiates Tempe Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverside, a 164-unit apartment property in Tempe, Arizona. The asset sold for $46 million.
“One of the few value-add multifamily assets...
CA Senior Living starts construction on 137-unit Atria Westminster in Suburban Denver
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced it has begun construction on Atria Westminster, a five-story, 137-unit senior living community located at 9560 Sheridan...
Westmount Realty Capital enters Arizona market with purchase of multifamily community near Phoenix
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-...
$60 million in financing secured for Colorado multihousing acquisition
JLL Capital Markets announced that it has arranged $60 million in financing for the acquisition of Lodge on 84th, a 300-unit, garden-style multihousing community located in the Denver-area community of Federal Heights, Colorado.
JLL worked...
100-unit Summit on Thomas Apartments in Phoenix sell for $21 million
The Summit on Thomas apartments in Phoenix have been sold to Cowabunga, LLC for $21 million. Cowabunga is a private capital family office focused on the acquisition of urban infill sustainable communities throughout Phoenix....
Institutional Property Advisors closes $53.9 million Tucson apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Peaks at Redington, a 301-unit multifamily asset in Tucson, Arizona. The $53.9 million sales price represents $179,070 per unit.
“Peaks at...
