Tuesday, February 25, 2025

Mountain region

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

The Sterling

Pathfinder closes sale of The Sterling in Gilbert, Arizona

Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, announced the sale of The Sterling, a 107-unit community in Gilbert, Arizona, 23 miles southeast of downtown Phoenix. The property was acquired...
Equestrian

Institutional Property Advisors closes two-property $90.2 million multifamily portfolio sale in Southern Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a two-property multifamily portfolio in Tucson, Arizona. The properties are Equestrian, a 288-unit complex that sold for $47.7 million, or...
Casa Anita Apartments

SB Real Estate Partners acquires Casa Anita Apartments in Phoenix’s West Valley for $35.3...

SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments—a 224-unit multifamily community located in the West Valley submarket of Phoenix—for $35.3 million. The property had previously been under private ownership...
Maxwell on 66th

Institutional Property Advisors brokers sale of new luxury multifamily asset in Greater Phoenix for...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Maxwell on 66th, a new, luxury 349-unit garden-style apartment property in the North Scottsdale Corridor of Phoenix, Arizona. The property...
Tides on Country Club

Electra Capital provides $19.1 million preferred equity investment for 582-unit apartment community in Arizona

Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $19.1 million preferred equity investment for the refinancing of Tides on Country Club, a 582-unit garden-style apartment community...
Alexan Cherry Creek

Transwestern Investment Group and Trammell Crow Residential sell 164-unit multifamily community in Denver

Transwestern Investment Group (TIG) and Trammell Crow Residential (TCR), the multifamily development company of Crow Holdings, announce the sale of Alexan Cherry Creek, a recently completed, 164-unit apartment community in the highly coveted Cherry...
lakeshore

NYC-based Spruce Properties buys Des Moines-area portfolio for $56.75M, largest single apartment trade in...

JLL Capital Markets announced that it closed the $56.75 million sale and arranged $45.4 million in acquisition financing for a multihousing portfolio consisting of six apartment communities in the suburbs of Des Moines, Iowa. JLL...
Port Royale

Institutional Property Advisors completes Southern Arizona multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona. The asset sold for $30 million, which represents $119,048 per...
Sierra Vista Apartments

Tower 16 Capital Partners acquires Sierra Vista apartments in Tucson, Arizona

San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired Sierra Vista Apartments, a 258-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in...
Seventeen 805 Apartments

ABI Multifamily brokers Northeast Phoenix, Paradise Valley apartment community for $29.75 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $29,750,000 / $215,580 per Unit / $218.34 per SF sale of the Seventeen 805 Apartments, a 138-unit property in Phoenix, AZ. Built in...
Riata

Institutional Property Advisors brokers $91 million multifamily sale in suburban Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap,  announced the sale of Riata, a newly constructed, 300-unit apartment complex in Chandler, Arizona. The property sold for $91 million, or $303,333 per unit. “The...
Retreat at Water’s Edge

Oak Coast Properties acquires $54.5 million Retreat at Water’s Edge apartments in Denver, Colorado

Oak Coast Properties announced the $54.5 million acquisition of Retreat at Water’s Edge, a 252-unit apartment community located in Denver. The most recent transaction in the firm’s heightened multifamily investment activity, the acquisition also demonstrates...
Eagle Crest

Institutional Property Advisors closes $55 million Phoenix-area multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eagle Crest, a 408-unit multifamily asset located near the Arrowhead Ranch master-planned community in Glendale, Arizona. The property sold for...
Fairways at San Marcos

Institutional Property Advisors completes $84.48 million multifamily sale in Greater Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Fairways at San Marcos, a 352-unit apartment asset in Chandler, Arizona. The $84.48 million sales price equates to $240,000...
Tuscany Palms

CBRE announces sale of Tuscany Palms in Mesa, Arizona for $83 million to Tides...

CBRE arranged the sale of the 582-unit multifamily community Tuscany Palms in Mesa, Ariz. on behalf of a partnership between Investcorp and BH Equities to Tides Equities for $83 million. CBRE’s Tyler Anderson, Sean Cunningham,...
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