JLL arranges $22.86M financing for 2 Denver-area apartments
JLL announces it has arranged financing totaling $22.86 million for Phenix at Infinity Park I and II, two adjacent multihousing properties totaling 185 units in the Denver suburb of Glendale, Colorado.
Working on behalf of...
DB Capital recapitalizes Provo, Utah apartment community with Institutional Capital Partner
DB Capital Management (DB Capital) has closed on the recapitalization of Ascent at Union Square in Provo, Utah, a 139-unit garden style community acquired by the Denver-based multifamily investment firm in December 2020.
Over the...
Next Wave completes value-add program, sells 90-unit apartment community in the Salt Lake City...
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Aspen Village Apartments, a 90-unit apartment community in West Valley City, Utah to a local buyer.
Next Wave,...
JLL arranges $14.7M financing for Tennyson Place
JLL announced that it has arranged $14.7 million in financing for Tennyson Place, an 81-unit apartment community located in Northwest Denver’s coveted Berkeley neighborhood.
JLL worked on behalf of the borrower, Allante Properties and Investments,...
San Marquis Apartments in Tempe sell for $58.5 million
CBRE arranged the sale of the 224-unit multifamily community San Marquis on behalf of a venture between Sequoia Equities and Mark-Taylor Residential to Acacia Capital Corporation for $58.5 million.
CBRE’s Tyler Anderson, Sean Cunningham, Asher...
Institutional Property Advisors brokers sale and arranges financing for multifamily asset in Greater Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eden Apartments, a 112-unit multifamily asset in Tempe, Arizona. The property sold for $26.5 million, or $236,607 per unit.
“Built in...
Next Wave acquires newly built luxury community in Phoenix for $25.5 million
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, acquired The Grove on Glendale, a new 56-unit luxury townhome community in North Central Phoenix, Arizona for $25.5 million...
ABI Multifamily brokers 199-unit Southeast Tucson multifamily apartment community for $37 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $37,000,000 / $185,930 Per Unit / $205.20 Per SF sale of Commons on Stella Apartment...
High Street Residential and Principal Real Estate Investors begin construction on Gramercy Scottsdale
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....
Pathfinder Partners acquires value-add multifamily community in Denver suburb
Pathfinder Partners, a San Diego-based firm specializing in value-add real estate investments, announced today the $20,725,000 acquisition of The Station—a 97-unit multifamily community at 2100 W. Berry Ave in Littleton, Colo., a Denver suburb....
Catching a break
Not only is Daybreak the first fully master-planned community to rise in the Beehive State, last year it was the sixth best-selling MPC in the nation, based on the number of housing units sold,...
JLL arranges $60.3M financing for Denver apartment complex
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...
JLL secures $27.5 million refinancing through Fannie Mae
JLL Capital Markets announced that it has arranged $27.5 million in financing for Harmony Heights Apartments and Stoney Creek Apartments, two garden-style multihousing communities totaling 533 units in Rapid City, South Dakota.
JLL worked on...
HFF announces structured financing for 200-unit Minneapolis luxury multihousing development
Holliday Fenoglio Fowler, L.P. (HFF) announces the financing of LakeHaus, a 200-unit, Class A apartment development located on Lake Calhoun in Minneapolis, Minnesota.
The HFF team worked exclusively on behalf of a joint venture led...
JLL arranges $28 million financing for suburban Minneapolis apartments
JLL Capital Markets announced that it has arranged $28 million in financing for The Cliffs at Minnetonka, a 456-unit garden-style apartment community in Minnetonka near Minneapolis, Minnesota.
JLL worked on behalf of the borrower, The...
