NewPoint Provides $22.5 Million in Financing for Idaho Market Rate Workforce Housing Development
NewPoint Real Estate Capital has provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing to facilitate the development of The Larkspur, an 86-unit market rate workforce housing community being built in Victor, Idaho by Plaza Equity...
Dominium Acquires Land for The Safford, Plans to Develop 200 New Affordable Apartment Homes...
Dominium, a leading affordable housing owner, developer and manager, announced that it has closed a deal to acquire land for the development of a new affordable housing community in Marana, Arizona.
Dominium plans to use...
Rental housing law in Colorado
Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...
Institutional Property Advisors Closes Suburban Tucson Multifamily Asset Sale The Peak at Oro Valley
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Peak at Oro Valley, a 330-unit multifamily property in Tucson, Arizona.
“With strong resident demand and robust operational performance, The Peak...
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...
Thompson Thrift to Develop Luxury Multifamily Community Refinery at Pointe17 in Phoenix
Thompson Thrift, a full-service nationally recognized real estate company, announced the development of Refinery at Pointe17, a 224-unit Class A multifamily community near the $40+ billion Taiwan Semiconductor Plant (TSMC) in northern Phoenix.
“We had...
Aptitude Development Breaks Ground on The Marshall Tempe Student Housing Development Near Arizona State...
Aptitude Development, a leading student housing developer with a decade of experience, is excited to announce the imminent groundbreaking of The Marshall Tempe, a transformative student housing project set to redefine student living near...
Institutional Property Advisors Closes Broadstone Dobson Ranch Sale and Financing in Mesa Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Broadstone Dobson Ranch, a 288-unit Class A multifamily asset in the Dobson Ranch master-planned community in Mesa, Arizona.
“The...
Connor Group Acquires 326-Unit Broadstone Olivine Apartments in Denver for $100M
Adding to its multifamily properties in the Denver area, the Connor Group purchased a Littleton community for $100 million. The Connor Group bought its first multifamily property, Broadstone Olivine, in the Denver area in...
Dominium Secures Funds for 600 Glendale Affordable Housing Units, Juniper Square and 67 Flats
Dominium has rounded up the money to build two Glendale apartment communities. Merchants Capital has secured more than $86.2 million in Freddie Mac 4% Low-Income Housing Tax Credit (LIHTC) Tax-Exempt Loan (TEL) Forwards for...
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...
Westmount Realty Capital acquires garden-style multifamily community in Arizona
Westmount Realty Capital announced the acquisition of Tides at Downtown Tempe, a two-story, garden-style apartment community located at 615 S. Hardy Dr. in fast-growing Tempe. The 227-unit multifamily community consists of one-, two- and...
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,...
Landmark Properties Acquires 15-Acre Site Near University of Colorado Boulder for The Standard at...
Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announced it has acquired a 15-acre site at 1345 28th Street near the University of...
ColRich Acquires its 19th Denver-Area Property, Belmar Villas in Lakewood for $74.3M
ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community in the Denver suburb of Lakewood, Colorado. ColRich paid $74.3 million for the project.
Independence Realty Trust was the seller. ColRich is subject to a...
