High Street Residential and Principal Real Estate Investors begin construction on Gramercy Scottsdale
High Street Residential, the residential subsidiary of Trammell Crow Company, and its partner, Principal Real Estate Investors, announced that construction has begun on a luxury 160-unit multifamily development in the heart of Downtown Scottsdale....
Westmount Realty Capital enters Arizona market with purchase of multifamily community near Phoenix
Westmount Realty Capital announced the acquisition of 949 at the District, a 154-unit multifamily community located at 949 South Longmore St. in Mesa, near Phoenix. Built in 1979, 949 at the District offers one-...
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...
JLL arranges $14.7M financing for Tennyson Place
JLL announced that it has arranged $14.7 million in financing for Tennyson Place, an 81-unit apartment community located in Northwest Denver’s coveted Berkeley neighborhood. JLL worked on behalf of the borrower, Allante Properties and Investments,...
JLL arranges $8.37M acquisition loan for Boise apartments
JLL announced that it has arranged $8.37 million in acquisition financing for Chateau Park Apartments, a 71-unit, value-add, garden-style apartment community located near downtown Boise, Idaho. JLL worked on behalf of the borrower, Allante Properties...
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...
CBRE handles sale of Summerly at Zanjero apartments for $78.5 million
CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero on behalf of Fore Property to a private investor for $78.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and...
Anaconda Capital Group, LLC acquires two Glendale, Arizona apartment communities for $4.66 million
CBRE announced the Anaconda Capital Group, LLC has acquired two multifamily properties in Glendale, Arizona totaling $4.66 million. Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke of CBRE in Phoenix arranged the sales on...
Brilliant and ButterflyMX bring elevated smart apartment experience to multifamily buildings and gated communities
At the CEDIA Expo, Brilliant, the leading smart home control company, announced a first of its kind integration with ButterflyMX, creator of the smart intercom. In late 2019, Brilliant and ButterflyMX will launch the...
JLL arranges $22.86M financing for 2 Denver-area apartments
JLL announces it has arranged financing totaling $22.86 million for Phenix at Infinity Park I and II, two adjacent multihousing properties totaling 185 units in the Denver suburb of Glendale, Colorado. Working on behalf of...
High Street Residential and CBRE Global Investors Fund begin construction on first phase on...
High Street Residential, the residential subsidiary of Trammell Crow Company, and its joint venture partner, a fund sponsored by CBRE Global Investors, have commenced construction on the first phase of The Fillmore, a mixed-use...
CBRE Arranges Sale of The Edge Apartments for $57.3 Million
CBRE has arranged the sale of the 380-unit multifamily community The Edge on behalf of Baron Properties to Tides Equities LLC for $57.3 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of...
IPA closes Class A multifamily deal in West Valley for $58.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Remington Ranch, a 304-unit multifamily asset in the Phoenix metro area. The asset sold for $58.5 million, or $192,434...
Seattle-based Thayer Manca Residential re-enters Tucson, Ariz. markets
Thayer Manca Residential (TMR), a multifamily investment firm based in Seattle, made their first purchase since 2000 in the Tucson, Arizona market. TMR purchased the 368 unit, Palm Canyon Apartments for $40,300,000. Palm Canyon Apartments...
San Marquis Apartments in Tempe sell for $58.5 million
CBRE arranged the sale of the 224-unit multifamily community San Marquis on behalf of a venture between Sequoia Equities and Mark-Taylor Residential to Acacia Capital Corporation for $58.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher...
