Wednesday, May 15, 2024

Mountain region

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

Skyline View Apartments

CPP Announces Acquisition of Affordable Housing Community in Layton Utah

Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Skyline View Apartments in Layton, Utah. The Skyline View Apartments are comprised of eight two-story, garden-style buildings...
Bella Villas Apartments

ABI Multifamily brokers 21-unit South Scottsdale multifamily apartment community for $7 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,000,000 / $333,333 Per Unit / $338.16 Per SF sale of Bella Villas Apartments, a...

Trez Capital closes construction loans totaling $12.1 million for two townhome rental communities in...

Trez Capital announced the closing of construction loans for Lotus Company’s two townhome communities, Foxridge and Whisperwood, in Ogden, Utah. The two loans, totaling $12.1 million, are part of Trez’s first financing agreement with Lotus...
TwentyOnes

PCCP, LLC provides $29 million construction loan to Rockworth Companies for urban infill multifamily/retail...

PCCP, LLC announced that it has provided a $29 million construction loan to Rockworth Companies for the development of TwentyOnes, a 108-unit urban infill multifamily project with 20,500 square feet (sf) of ground floor...
Dixon Place

MVE + Partners breaks ground on 59-unit mixed-use apartment community in Salt Lake City

MVE + Partners, a leading architecture, planning, interiors and graphic design firm, today announced the groundbreaking of Dixon Place, a 59-unit, Class A development in the heart of Salt Lake City’s Sugar House neighborhood....
Apex on the Highline

DB Capital increases Denver holdings with $31 million acquisition of Aurora, Colorado apartment complex

Multifamily investment firm DB Capital Management (DB Cap) continues to build its Denver portfolio with the $31 million acquisition of Apex on the Highline (Apex), a 138-unit multifamily property in Aurora, Colo. The acquisition of Apex furthers DB...

KTGY-designed mixed-use apartment community for 55+ active lifestyle to open near light rail station...

International award-winning KTGY Architecture + Planning announced today that Vita, a LEED Gold-designed 55+ mixed-use residential rental apartment community in the Denver Metro area is nearing completion. The sustainable 159-unit apartment community developed by...
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...

Colorado primer: for the curious

Who can smoke marijuana? Anyone over 21 can legally use cannabis in Colorado. For those under 21, it is illegal, although minors can gain the benefits of medical marijuana with parental consent. Colorado legalized medical...

The Opus Group announces completion of Union Tempe mixed-use apartments in Tempe, Ariz.

The Opus Group (Opus) announced today the completion of its Union Tempe mixed-use apartment development in Tempe, Ariz. The development, located on the edge of the Arizona State University campus, encompasses 850,000 square feet,...
Village at San Tan

Vertical Construction Begins on Village at San Tan Apartment Community Near Phoenix

Empire Group of Companies announces the beginning of vertical construction at Village at San Tan, located on the Southeast corner of Gantzel Road and Combs Road in San Tan Valley, Arizona. “Due to a variety...
Harlow Luxury Apartments

Next Wave Investors sells 98-unit luxury multifamily community in Las Vegas after completing strategic...

Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Harlow Luxury Apartments, a 98-unit Class A luxury multifamily community in Las Vegas, Nevada. The asset was...
Cottonwood Ranch

Lincoln Avenue Communities Breaks Ground on Cottonwood Ranch Affordable Housing Development in Casa Grande...

Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of Cottonwood Ranch during a ceremony with LAC leaders, local policymakers and partners. "Lincoln Avenue Communities is...
Sangre De Cristo Apartments

CPP Announces Acquisition of Two Affordable Housing Communities in Santa Fe New Mexico

Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer has entered the Santa Fe market with the acquisition and planned renovation of two developments in the city: Sangre De Cristo Apartments and Santa...
San Miguel Court

The Bascom Group Acquires 96-Unit Apartment Community San Miguel Court in Santa Fe New...

The Bascom Group, LLC has acquired San Miguel Court Apartments, a 1974 built, 96-unit garden-style multifamily property located at 2029 Calle Lorca in Santa Fe, New Mexico. Ryan Greer and CJ Connelly of CBRE arranged the debt financing...
Yield PRO