Friday, November 22, 2024

Mountain region

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

West Line Village Apartments

West Line Village Apartments development receives $42.5 million loan

JLL Capital Markets announced that it has arranged the $42.5 million construction loan for the development of West Line Village Apartments, a 281-unit, Class A multihousing community in the Denver suburb of Lakewood, Colorado. JLL...
Deer Creek Village

Institutional Property Advisors brokers $49.5 million multifamily asset sale in North Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Deer Creek Village, a 308-unit multifamily complex in North Phoenix. The $49.5 million sales price represents $160,714 per unit. “Thoughtfully...
Mountain Park Ranch Apartments

Greater Phoenix apartment asset sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Mountain Park Ranch Apartments, a 240-unit multifamily asset in the Ahwatukee Foothills Village of Phoenix, Arizona. “Mountain Park has a...
Strayhorse Arrowhead Ranch

Institutional Property Advisors brokers $31.2 million Glendale apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Strayhorse Arrowhead Ranch, a 136-unit boutique multifamily community in Glendale, Arizona. The property sold for $31.2 million, or $229,412...
Green Leaf Arrowhead Ranch

Institutional Property Advisors sells Northwest Valley of the Sun Multifamily Asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Green Leaf Arrowhead Ranch, a 256-unit multifamily asset in Glendale, Arizona. “Located in the Northwest Valley’s most coveted master-planned community,...

Sonesta on University Apartments sell for $43.6 million

CBRE has arranged the sale of the 212-unit multifamily community Sonesta on University on behalf of Knightvest Residential to Western Wealth Capital (WWC) and its investor partners for $43.6 million. CBRE’s Tyler Anderson, Sean Cunningham,...
Parc Midtown

Midtown Phoenix multifamily asset sold by Institutional Property Advisors for $78.5 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Parc Midtown, a 306-unit apartment complex in Phoenix, Arizona. The $78.5 million sales price equates to $256,536 per unit. “Influenced by...
Justin Forman

Marcus & Millichap hires Justin Forman as regional manager in Las Vegas

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced that Justin Forman has accepted the position of regional manager of the firm’s Las...
Vegas Towers - Waterton

Waterton acquires 456-unit Vegas Towers apartment building in supply-constrained Las Vegas rental market

Waterton, a national real estate investor and operator, today announced it has acquired Vegas Towers at 1061 E. Flamingo Rd., less than two miles east of the Las Vegas Strip and adjacent to the...
Circa Central Avenue

Pillar Communities acquires multifamily development for $57.5 million

Hunt Companies, Inc., Tilton Development Company, Civitas Capital Group and Ryan Companies US, Inc., announce the sale of Circa Central Avenue, a multifamily development in downtown Phoenix. Private Portfolio Group, LLC, purchased the six-story...

Pathfinder Partners acquires value-add multifamily community in Phoenix submarket

Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, has announced the $8.4 million acquisition of Park Paloma—a 60-unit apartment community just south of the Lower Arcadia neighborhood at 2930 North...
Revival on Thomas

Marcus & Millichap sells Phoenix multifamily asset for $21 million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Revival on Thomas, a 155-unit apartment complex in Phoenix. The...
Altura at Tropicana Exterior

Tower 16 Capital Partners sells Altura on Tropicana Apartments in Las Vegas, Nevada

San Diego-based Tower 16 Capital Partners has successfully sold Altura on Tropicana, a 512-unit multifamily project in Las Vegas, after an 18 month hold period. Tower 16 had originally purchased the property for $50...
Avilla Town Square

NexMetro Communities sells Phoenix metro asset for $42.6 million

NexMetro Communities, a pioneer of single-level luxury leased home neighborhoods, has sold its 152-unit Avilla Town Square asset for $42.6M to Keller Investment Properties. “This NexMetro sale further validates the tremendous value in the market...
Alta Central

Institutional Property Advisors sells new multifamily asset in Central Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Alta Central, a 223-unit mid-rise multifamily building in Midtown Phoenix, Arizona. “The property is a transit-oriented development in Arizona’s Innovation...
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