Thursday, December 26, 2024

Mountain region

Mountain region includes: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming

West Phoenix multifamily asset sells for $32.25 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property in Phoenix’s West Valley. The asset sold...

Pioneering design-driven, green building for luxury multihousing in the Arizona desert

One Scottsdale developer, widely credited as pioneering modern, sustainable multifamily residential buildings in Arizona 15 years ago, is debuting the next evolution of the company’s award-winning, green-building design at its newest luxury condominium tower...

HFF arranges $45.65M financing for Talavera Apartments in Denver

Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged $45.65 million in financing for Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver, Colorado. HFF worked on behalf of the borrower, Denver-based Griffis Residential,...

148-unit add-value apartment complex in Phoenix, Arizona sells for $14 million

Avenue 15 Apartments, a 148-unit apartment complex located at 1609 West Glendale Avenue in Phoenix, Arizona, has sold for $14,725,000. The buyer was Urban Communities, a real estate development and redevelopment company that focuses...

HFF arranges financing totaling $190.873M for 6 apartment communities in Texas, Alabama and Colorado

Holliday Fenoglio Fowler, L.P. (HFF) announces financing totaling $190.873 million for six apartment communities comprising 1,843 units in Texas, Alabama and Colorado. The HFF team worked on behalf of the borrower, Advenir, Inc., to secure...

Legacy Partners begins leasing at TriVista on Speer in Denver

Legacy Partners (Legacy), a privately-owned national real estate firm in a joint venture with USAA Real Estate, announced today the start of leasing at TriVista on Speer in Denver’s Golden Triangle neighborhood. The seven-story,...

Continental Realty Advisors pays $222,000 per unit in Las Vegas, acquiring The Onyx Apartments...

Continental Realty Advisors, Ltd. ("CRA"), a Denver-based multifamily investment firm, has completed the acquisition of The Onyx, a 63-unit community in the Las Vegas Strip submarket. Occupancy at the property is high due to...

128-unit apartment complex in Phoenix, Arizona sells for $8,725,000

Puesta Del Sol, a 128-unit apartment complex located at 8818 S. Central Avenue in Phoenix, Arizona, has sold for $8,725,000. The buyer was Urban Communities, a real estate development and redevelopment company that focuses...

Bascom Arizona Ventures acquires Phoenix Class A multifamily property for $89.2 million

Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments ("Tempo"). Tempo is a mid-rise multifamily property consisting of 423...

Downtown Tempe’s “The Local” to Open April 2019

The Local, a new, multimillion dollar, mixed-use development located in the heart of downtown Tempe at University Drive and Ash Avenue, is set to welcome its first residents April 2019. This newest addition to...

Rental app fees may change in Colorado

As people move in droves to Colorado, limited housing is an ongoing issue. While newcomers are looking for a place to live, it’s common practice for rental companies to charge an application fee. The fee often...

Chris Brozina named CEO of Mark-Taylor Companies

Valley-based multifamily investment firm Mark-Taylor has named Chris Brozina its new Chief Executive Officer effective immediately. Brozina was most recently the executive vice president of Mark-Taylor Companies, which has ranked as the largest commercial...

P.B. Bell founder passes the baton after 42 years as a leader in the...

P.B. Bell, an established leader in multifamily housing development, management and acquisitions, recently announced the retirement of P.B. Bell Chairman and Founder, Philip B. Bell.  Upon his departure, the longtime namesake of P.B. Bell is...

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...

Nexus Commercial closed on the sale of Meadows Pointe and Aspen Creek Apartments

Nexus Commercial Realty, LLC, has closed on the sale of Meadows Pointe and Aspen Creek Apartments, a two-property portfolio in Colorado Springs that totals 112 units for the sale price of $10,250,000. Jason Koch...
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