Pacific Urban Investors Expands Denver Portfolio with Acquisition of Viridian Apartment Community in Greenwood...
Multifamily owner-operator and investment manager Pacific Urban Investors has acquired Viridian, a 420-unit apartment community in Greenwood Village, Colorado.
Viridian is located in the Denver Tech Center, adjacent to thousands of high paying technology, financial...
Spyglass Hill Apartments completes two-phase, $1.2 million renovation project
Spyglass Hill Apartments—an iconic 573-unit Denver apartment community, serving approximately 1,500 residents—has completed a $1.2 million, two-phase renovation project, to provide enhanced lifestyle amenities and a stronger sense of community. The grand re-opening took...
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...
SB Real Estate Partners acquires multifamily community in Las Vegas, Nevada for $73.1 million
SB Real Estate Partners (SBREP) has made its second multifamily investment in the Las Vegas MSA over the past seven weeks with the $73.1 million off-market acquisition of St. Croix Apartments, a 256-unit garden-style...
Dominium Acquires Land for 67 Flats and Juniper Square, Plans to Develop 605 Affordable...
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 community of affordable housing in Glendale, Arizona. The land...
ABI Multifamily brokers East Phoenix 155-unit multifamily apartment community for $34.275 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $34,275,000 / $221,129 Per Unit / $354.10 Per SF sale of Tides on 50th Apartments,...
Legacy Partners breaks ground on Colorado’s first large-scale OZ residential community
Legacy Partners (Legacy), a privately-owned national real estate firm, announced today the groundbreaking of Legacy at Fitz in Aurora, Colorado. Located at 1363 N. Victor Street, the five-story 363-unit apartment community is Colorado’s first...
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...
32 Arcadia, 104-unit multifamily community in Phoenix, Ariz., sells for $14.8 million
32 Arcadia, a 104-unit multifamily community, located at 3211 E. Pinchot Avenue in Phoenix, Arizona, has sold for $14,800,000. The buyer was Cowabunga Two, LLC, a private capital family office that focuses on acquiring...
Las Vegas to celebrate grand opening of Revel Vegas, a refined senior community
The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Revel Vegas – a new, refined senior community at 4940 S. Conquistador Street, Las Vegas, NV 89148, located just...
$24.26 million construction financing arranged for Denver multihousing project
JLL Capital Markets announced that it has arranged the $24.26 million construction financing for the development of 32nd and Eliot Apartments, a 124-unit, Class A, luxury multihousing community in the highly coveted Highlands neighborhood of...
Gelt, Inc. acquires 352-unit apartment community for $100.5 million in Denver submarket
Gelt, Inc., is pleased to announce it has acquired Regatta Apartments, a 93 percent-leased, 352-unit multifamily community located at 10500 Irma Drive in Northglenn, CO, for $100.5 million. This substantial buy marks the Los...
192-unit, value-add apartment complex in Sierra Vista, AZ sells for $13,912,500
Montego Bay Apartments, a 192-unit complex located at 409 S. Lenzner Avenue in Sierra Vista, Arizona, has sold for $13,912,500. The seller was CW Capital Commercial Real Estate Services, a loan servicing company that...
Pathfinder closes sale of The Sterling in Gilbert, Arizona
Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, announced the sale of The Sterling, a 107-unit community in Gilbert, Arizona, 23 miles southeast of downtown Phoenix. The property was acquired...
Gelt, Inc. sells 400-unit apartment property for $92 million after a three-year hold in...
Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce the $92 million sale of Westhills Apartment Homes, a 400-unit apartment property located at 453 Van Gordon Street...