TruAmerica Multifamily continues to build its Phoenix, AZ portfolio with acquisition of two Tempe...
TruAmerica Multifamily, in joint venture with an institutional capital partner, has acquired a two-property, 472-unit apartment portfolio in Tempe, AZ for $67.3 million increasing its local portfolio to more than 2,400 units.
“We continue to...
JLL arranges capital for Colorado multihousing development
JLL announced it has arranged $43.2 million in structured construction financing for the development of Ten West Greeley Apartments, a 264-unit, Class A, garden-style multihousing property in Greeley, Colorado.
JLL worked on behalf of the...
Denver multihousing community secures $12.6 million financing
JLL Capital Markets announced that it has arranged $12.6 million in acquisition financing for Signalmen Apartments, a 52-unit, Class A, luxury, boutique apartment community located in the Sloan’s Lake neighborhood of Denver, Colorado.
JLL represented...
DB Capital acquires second multifamily property in Denver Metro in a month, expanding its...
DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community is Aurora, Colorado, for...
New amenity rich 55+ apartment community opens in Salt Lake City area
Buchanan Street Partners, a real estate investment management firm based in Newport Beach, Calif., today announced construction has reached completion and units are available for lease at Incline at Anthem, a luxury, active adult...
JLL arranges $8.37M acquisition loan for Boise apartments
JLL announced that it has arranged $8.37 million in acquisition financing for Chateau Park Apartments, a 71-unit, value-add, garden-style apartment community located near downtown Boise, Idaho.
JLL worked on behalf of the borrower, Allante Properties...
Two Denver development projects receive $25 million in financing
JLL announced today that it has secured $25 million in construction and bridge financing for 777 and 757 Grant Street in Denver, Colorado. 777 Grant Street is a vintage office building that will be...
Southeast Valley multifamily asset sale negotiated by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Saratoga Apartments, a 286-unit multifamily asset in Mesa, Arizona. The property sold for $35,175,000, which represents $122,990 per unit.
“Mesa’s strategic...
Pensam closes preferred equity investment for $69 million recapitalization of Denver apartments
Pensam Residential, a national multihousing owner/ operator, has closed on a preferred equity investment to facilitate the $69 million recapitalization of Loft 9, a 418-unit apartment community located in Denver, Colorado.
The sponsor is a...