Friday, March 29, 2024

Mountain region

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

Lotus Point

StarPoint Properties Begins Vertical Construction for Lotus Point in Mesa Arizona

StarPoint Properties, a leading real estate investment firm focused on undervalued commercial properties, announced that they are under construction on the two opportunity zone projects totaling $115 million. StarPoint commenced vertical construction for two...
1646 Routt Street

Capstone Closes Sale of 9-Unit Multifamily Property 1646 Routt Street in Lakewood Colorado for...

Capstone has closed the sale of 1646 Routt Street, a 9-unit multifamily property in Lakewood for the sale price of $1,725,000. Austin Smith of Capstone brokered the transaction. 1646 Routt Street is located near the...
SEC 29th Avenue

ABI Multifamily Brokers $7.65M Land Deal for a 9.81-Acre North Phoenix Property at SEC...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,650,000 / $17.91 Per Land SF sale of SEC 29th Avenue & Dove Valley Road,...
Bear Valley Park Apartments

MG Properties Acquires Bear Valley Park Apartments in Denver for $76M

MG Properties, a leading real estate investment and management company, has completed the acquisition of Bear Valley Park Apartments, a premier garden-style community located in Denver, Colorado for a total purchase price of $76...
The Valencia Apartments

JLL Capital Markets Secured the Refinancing of the 127-unit The Valencia Apartments in Phoenix

JLL Capital Markets announced that it has arranged a $10.68 million loan for the refinance of The Valencia Apartments, a 127-unit, two-story, garden-style multi-housing community located in Phoenix, Arizona. JLL worked on behalf of the...
Ironwood Homes at Rosefield

Capital Square and Sunstone Two Tree Begin Construction on BTR Ironwood Homes at Rosefield...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, and Sunstone Two Tree, a developer and operator of rental housing communities...
Steamboat Basecamp

Capital Square JV Completes Phase One Construction of Steamboat Basecamp Multifamily Development in Steamboat...

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities, announced the completion of construction of phase one for Steamboat Basecamp, a...
MAA Central Avenue

MAA Scores Central Avenue in Phoenix Lease-Up for $102M in Cash

For executives at Memphis-based REIT MAA, Central Avenue is the type of opportunity that should emerge over the next year. The company bought the 323-unit, mid-rise property from a developer under stress in October....
Courtyard Towers

Institutional Property Advisors Brokers Sale of Residential Tower Courtyard Towers in Mesa Arizona

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Courtyard Towers, a 13-story residential tower in Mesa, Arizona comprised of 169 units. “Delivered vacant at closing, the property is primed for...
Quail Meadows

Kidder Mathews Arranged Financing for Sale of 56-Unit Quail Meadows in Reno for $14.5M

Quail Meadows, located at 5599 Quail Manor Ct, Reno, Nevada, has sold for $14,500,000 to a private real estate investment firm from San Jose, California. Kidder Mathews Senior Vice President Gerrit Hillebrand, CCIM represented the...
Parc Broadway

Institutional Property Advisors Closes and Finances Parc Broadway in Tempe Arizona for $100M

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Parc Broadway, a 324-unit multifamily property in Tempe, Arizona. The asset traded for $100.25 million, or $309,414 per unit. IPA Capital...
NOVO Broadway Apartments

MG Properties Acquires NOVO Broadway Apartments in Tempe Arizona for $100.25M

MG Properties, a leading real estate investment and management firm, announced its $100.25M acquisition of NOVO Broadway Apartments (formerly known as Parc Broadway), a residential community located in Tempe, Arizona recently completed by Evergreen...
Navona

Toll Brothers Break Ground a Week Apart on Two Properties in Arizona

Toll Brothers Apartment Living, the multifamily division of single-family home builder Toll Brothers, broke ground on two new projects in the Phoenix metro area earlier this month: Navona, a 400-unit development in Mesa, Arizona,...
Cadence Broomfield by Cogir

Leasing Office Now Open for Cadence Broomfield by Cogir Senior Living in Broomfield Colorado

The Opus Group (Opus) said the leasing office is now open for Cadence Broomfield by Cogir, a three-story, 165-unit senior living development at 4275 West 121st Avenue in Broomfield, Colorado. "We are excited to bring...
Intrigue Apartments

NewPoint Provides $17.5M in Financing to Facilitate the Acquisition of Intrigue Apartments in Las...

NewPoint Real Estate Capital has provided $17.5 million in Fannie Mae DUS® conventional multifamily financing to facilitate the acquisition of Intrigue Apartments, a 193-unit community located in Las Vegas, Nevada. "This is a well-located, well-maintained...
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