Mountain region

Riverside Capital, LLC (“Riverside”) is pleased to announce an equity investment of $12.8 million in the acquisition and rehabilitation of an existing public housing development as well as the new construction of a residential...

San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, has acquired Cornerstone Crossing Apartments, a 540-unit multifamily project in northwest Las Vegas, for $49.75 million. Tower 16 will oversee $6.5...

Alpha Wave Investors, LLC (Alpha Wave), a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Cove on Bruce Apartments, a 76-unit multifamily community...

Northcap Commercial, a Las Vegas-based real estate company focused on investment sales, acquisitions, and property management, has directed the $60.3 million acquisition of a two-property multifamily portfolio encompassing 1,129 units in Las Vegas, Nevada...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Flagstone Apartment Homes, a 376-unit multifamily asset in Tempe, Arizona. “The diverse and ever-expanding employment landscape, along with the lifestyle conveniences...

Blue Heron, a Southern Nevada-based design/build firm, announced today it is in the midst of closing out several communities and gearing up to launch others in the Las Vegas valley. Five of Blue Heron’s innovative,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Wilshire Pines, a 173-unit multifamily asset in Tempe, Arizona. The property sold for $22.25 million. “Wilshire Pines’ South Tempe location positions...

Marcus & Millichap announces the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset located in Draper, Utah. The property sold for $51.35 million, which represents $185,379 per unit. “Age-restricted and seniors housing properties are...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cobble Creek, a 361-unit multihousing asset in Salt Lake City. “Developed in 1974, Cobble Creek is a tranquil suburban apartment community...

Multifamily real estate developer The Calida Group, who owns and operates luxury Elysian Living communities, will launch Ely By Elysian Living in fall 2018, a new concept serving as an extension of the Elysian...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Azura, a 387-unit apartment asset in North Phoenix, Arizona. The property sold for $38.2 million. “Revenue gains currently experienced at Azura...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Velaire at Aspera, a 286-unit core multifamily asset in Glendale, Arizona. The property sold for $64.35 million, which equates to...

Pathfinder Partners, a San Diego-based firm specializing in value-add real estate investments, has announced the $18.3 million acquisition of Verona Park Apartments – an 119-unit multifamily community located in the Denver metro area at...

A subsidiary of Alpha Wave Investors, LLC (Alpha Wave), a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Park Station Apartments, a 94-unit...

San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, has acquired a 512-unit multifamily project in Spring Valley, one of Las Vegas’s top submarkets. The project was acquired on an...