JLL arranges $29.4 million financing for S’PARK Railyards in Boulder
JLL Capital Markets announced that it has arranged $29.4 million in construction financing for S’PARK Railyards (Railyards), a 69,263-square-foot Class A office building in Boulder, Colorado. JLL worked on behalf of a joint venture between...
PCCP, LLC provides $49.2 million senior loan for the development of a 458-unit apartment...
PCCP, LLC announced that it has provided a $49.2 million senior loan to IDM Companies for the ground-up development of Acero Algodon, a Class A garden-style multifamily community located within the West Valley of...
JLL arranges $125 million financing for The Quincy
JLL Capital Markets announced that it has arranged $125 million in financing for The Quincy, a newly constructed, Class A, 359-unit, high-rise residential tower located in the heart of downtown Denver. JLL worked on behalf...
$49.6 million North Mesa multifamily asset sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Country Club Verandas, a 348-unit multifamily asset in Mesa, Arizona. The property sold for $49.6 million, or $142,529 per unit. “Country...
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...
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...
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...
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...
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,...
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...
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...
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...
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...