Biscayne Bay Apartments sold for $110.25 million
CBRE arranged the sale of the 512-unit multifamily community Biscayne Bay on behalf of Everest Holdings to San Diego-based MG Properties for $110.25 million.
CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of...
Institutional Property Advisors Brokers Sale of Residential Tower Courtyard Towers in Mesa Arizona
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Courtyard Towers, a 13-story residential tower in Mesa, Arizona comprised of 169 units.
“Delivered vacant at closing, the property is primed for...
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...
JLL closes the largest single-asset apartment transaction in Colorado history at $435 million
JLL’s Capital Markets team announced it closed the $435 million sale and $282.75 million financing for the Palomino Park Apartments, a 1,184-unit, upscale apartment community in the Highlands Ranch submarket of southeast Denver.
JLL represented...
$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Aiya, a 360-unit multifamily asset in Gilbert, Arizona. The property sold for $112 million, or $311,111 per unit.
“Gilbert has one...
Convention in the Mile-High City
"There were a number of discussions among executives and suppliers around whether legal substances should be available at non-sanctioned events," he said.
Certainly this was all to the chagrin of executives at the National Apartment...
ABI Multifamily brokers Biltmore area apartment community for $6.95 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $6,947,500 / $365,658 per Unit / $158.55 per SF sale of Monterosa Villas, a 19-unit...
Tower Capital Arranges $23M for Phoenix Multifamily Community North Mountain Foothills Refinancing
Tower Capital arranged $23,075,000 in permanent financing for the refinance of North Mountain Foothills, a 194-unit multifamily community in Phoenix.
North Mountain Foothills, located at 1943 W. Aster Drive, was a broken condominium project when...
CPP Announces Acquisition of Two Affordable Housing Communities in Santa Fe New Mexico
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer has entered the Santa Fe market with the acquisition and planned renovation of two developments in the city: Sangre De Cristo Apartments and Santa...
Institutional Property Advisors facilitates suburban Salt Lake City multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mountain View, a 96-unit multifamily asset in West Valley City, Utah.
“The Salt Lake City metropolitan area was one of the...
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...
ABI Multifamily brokers 117-unit South Phoenix multifamily apartment community for $32 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32,000,000 / $273,504 Per Unit / $381.49 Per SF sale of Haven at South Mountain...
StarPoint Properties Begins Vertical Construction for Lotus Point in Mesa Arizona
StarPoint Properties, a leading real estate investment firm focused on undervalued commercial properties, announced that they are under construction on the two opportunity zone projects totaling $115 million. StarPoint commenced vertical construction for two...
The Bascom Group Picks Up 72-Unit Senior Housing Property Homestead at Boulder City in...
The Bascom Group LLC has acquired Homestead at Boulder City, a 72-unit, senior housing property in Boulder City, Nevada, for $3.05 million or $42.4k per unit.
Homestead at Boulder City sits on 6.39 acres, has...
Institutional Property Advisors negotiates Tempe Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverside, a 164-unit apartment property in Tempe, Arizona. The asset sold for $46 million.
“One of the few value-add multifamily assets...
