Westport Properties sells multifamily community in Glendale, Arizona for $30.4 million
Westport Properties, a premier owner/operator of self storage and multifamily properties nationally, announced that it has sold Park 67, a 160-unit multifamily community in Glendale, Arizona under the entity Vertex Glendale, LLC to an...
1,024 bed student housing asset sold by the Shin–Zylstra team of Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Northpoint, a 154-unit, 1,024-bed student housing property located in Rexburg,...
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...
ABI Multifamily brokers 240-unit Tempe apartment community for $42.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42.75 million / $178,125 Per Unit / $231.39 Per SF sale of Sanctuary on Broadway,...
Marcus & Millichap Capital Corporation arranges $20.25 million seniors housing loan
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged financing of $20.25 million for the development of Meadowview of Davenport, a seniors housing facility...
$43.55 million suburban Phoenix multifamily sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Vue Park West, a 260-unit multifamily asset located within Park West, a 250,000-square-foot open-air lifestyle center in Peoria, Arizona. The...
Institutional Property Advisors arranges boutique apartment asset sale in the Northwest Valley area of...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Strayhorse Arrowhead Ranch, a 136-unit apartment property in the Arrowhead Ranch master-planned community of Glendale, Arizona. The $45 million sales...
Refinancing secured for FalconView Apartments in Colorado Springs
JLL Capital Markets announced it arranged a $61 million refinancing for the FalconView Apartments, a Class A, garden-style multihousing property in Colorado Springs, Colorado.
JLL worked on behalf of the borrower, Etkin Johnson Real Estate...
ABI Multifamily brokers 41-unit West Phoenix apartment community for $6,765,000
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $6,765,000 / $165,000 Per Unit / $327.38 Per SF sale of Venture on 19th, a...
Intercontinental Real Estate Corporation acquires 376-unit apartment community in Phoenix, Ariz. for $126 million
Intercontinental Real Estate Corporation (Intercontinental) has acquired Garden Grove Apartments, a 376-unit garden-style apartment complex in Tempe, Ariz. for $126 million. The acquisition marks Intercontinental’s fifth acquisition in Phoenix.
Garden Grove Apartments is located at...
Dominium begins construction on East Range Crossings
Dominium, a leading apartment owner, developer and manager, with regional headquarters in Denver, announced today that it will begin construction on East Range Crossings, a 252-unit affordable housing development in Denver, Colo.
Dominium will begin...
Institutional Property Advisors Closes $80M Multifamily Asset Alta Cooley Station Sale Near Phoenix
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Alta Cooley Station, a 248-unit, mid-rise multifamily property in Cooley Station,...
SageHome Acquires Colorado Living, Accelerating its Growth and Reach
SageHome, the aging-in-place specialist, is pleased to announce its acquisition of Colorado Living LLC, underlining its position as the largest provider of aging-in-place bath remodeling services in the United States. This acquisition extends SageHome’s...
Institutional Property Advisors completes Southeast Valley of the Sun Multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Delano, a 265-unit multifamily property in Mesa, Arizona. The $64 million sales price equates to $241,509 per unit.
“Mesa’s low cost...
Alpha Wave Investors completes 10th full-cycle property investment
Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has completed its tenth full-cycle property investment with the sale of Skyline Park...