One Degree Acquisitions Opens Phoenix Office Helmed by Christopher Westcott
One Degree Acquisitions (“ODA”), a commercial real estate investment firm focused on the acquisition and management of a diversified portfolio of core-plus, value-add, and opportunistic assets, is pleased to announce the appointment of Christopher...
Avalon Bay Communities REIT Pays $95M for 306-Unit Denver Rental Community Avalon Cherry Hills
Publicly-traded Avalon Bay Communities purchased a 306-unit apartment community Alta Cherry Hills in the south Denver-metro area for $95 million.
Bell Fund VI was the seller of the multifamily community, at 3650 S. Broadway, in...
Capstone Closed the Sale of 7-Unit Multifamily Property, 3733 Decatur Street for $1.3M in...
Capstone has closed the sale of 3733 Decatur Street, a 7-unit multifamily property for the sale price of $1,300,000. Christian Burgdorf of Capstone brokered the transaction.
3733 Decatur Street has a mix of one and...
Institutional Property Advisors negotiates Greater Phoenix multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mountain Park, a 240-unit multifamily asset in the Ahwatukee Foothills Village of Phoenix, Arizona.
“Ahwatukee Foothills Village demonstrates attractive demographics and...
Institutional Property Advisors brokers $150 million luxury multifamily asset sale in Scottsdale, Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per...
Brickstone Secures $58MM Refinancing for Fort Collins Portfolio from Blackstone
Brickstone Partners, a full-service real estate investment and development firm located in Nashville, Tennessee announced a $58 million refinancing of its Fort Collins, Colorado multifamily portfolio provided by Blackstone.
Brickstone acquired the portfolio consisting of...
Alpha Wave Investors acquires 110-unit multifamily property in Tucson
Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Orange Tree Village, a 110-unit townhome-style multifamily property in the Casas...
ABI Multifamily adds Andrew Arambula as associate to growing team
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., has added Andrew Arambula as an associate to the growing team. Arambula, a Scottsdale resident, comes to ABI from Kidder...
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....
The Wolff Company announces plans to develop new senior living community in Torrance
The Wolff Company, a Scottsdale-based private equity firm and senior living developer, will break ground later this year on Revel South Bay, a new independent living apartment community adjacent to Manhattan, Redondo, Torrance and...
Colorado Springs apartments sold to Oak Coast Properties for $37.25 million
JLL Capital Markets announced that it has completed the $37.25 million sale and $28.5 million financing of the Cottonwood Terrace apartments located at 2864 Dublin Blvd in Colorado Springs, Colorado.
JLL worked on the behalf...
Thayer Manca Residential sells $45.25 million property in Arizona
Thayer Manca Residential (TMR) has sold their latest multifamily property in the Tempe, Ariz. market, Avia 266, for $45,250,000. The Seattle-based investment firm acquired the 266-unit apartment community in January 2015 for $19,200,000 and...
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,...
ABI Multifamily brokers 16-unit North Central Phoenix multifamily apartment community for $5 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $5,000,000 / $312,500 per unit / $313.91 per square foot sale of Villa D'Oro Apartments,...
Transwestern Investment Group and Trammell Crow Residential sell 164-unit multifamily community in Denver
Transwestern Investment Group (TIG) and Trammell Crow Residential (TCR), the multifamily development company of Crow Holdings, announce the sale of Alexan Cherry Creek, a recently completed, 164-unit apartment community in the highly coveted Cherry...