Tower 16 Capital Partners continues Las Vegas area expansion, acquires 512-unit apartment community in...
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...
CBRE Facilitates $79M Sale of Upscale Phoenix Multifamily Community Alta North Central
Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 million ($345k/unit) transaction.
The community features resort-inspired amenities including a social lounge with a grand piano,...
Institutional Property Advisors brokers sale and arranges financing for North Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Brookfield, a 124-unit multifamily asset in Phoenix, Arizona. The property sold for $31 million, which represents $250,000 per unit.
“Buyers were...
New Shorehaven Mixed-Use Development Launches at South Pier on Southern Shore of Tempe Town...
Cushman & Wakefield announce that construction has launched on Lot 6, known as Shorehaven, the first phase of the $1.8 billion mixed-use South Pier master planned development on the southern shore of Tempe Town...
$76.8 million loan arranged for S’PARK Phase I in Boulder
JLL Capital Markets announced that it has arranged a $76.8 million loan for S’PARK Phase I, a newly constructed, mixed-use, Class A, multihousing community with office and ground-floor retail space in the Boulder Junction...
JLL Capital Markets adds debt industry veteran Tony Nargi to its Denver office
JLL Capital Markets announced that it has added Tony Nargi as a Managing Director within its multihousing debt and equity placement team in Denver, Colorado. Nargi has 15 years of real estate experience and...
$60 million in financing secured for Colorado multihousing acquisition
JLL Capital Markets announced that it has arranged $60 million in financing for the acquisition of Lodge on 84th, a 300-unit, garden-style multihousing community located in the Denver-area community of Federal Heights, Colorado.
JLL worked...
Berkadia Secures $72M in Construction Financing for Multifamily Property in Montana
Berkadia announced the construction financing secured for the second phase of the existing 19th & Graf Apartment Homes, a garden-style multifamily property in Bozeman, Montana.
Located at the intersection of Graf Street and South 19th...
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...
JLL arranges $28 million financing for suburban Minneapolis apartments
JLL Capital Markets announced that it has arranged $28 million in financing for The Cliffs at Minnetonka, a 456-unit garden-style apartment community in Minnetonka near Minneapolis, Minnesota.
JLL worked on behalf of the borrower, The...
Hines Announces Plans for Retreat at Mountainside Multifamily Community in Colorado Springs’ Briargate Neighborhood
Hines, the global real estate investment, development, and property manager, together with MBK Rental Living announced plans for Retreat at Mountainside, a Class-A for-rent residential community in the Briargate neighborhood of Colorado Springs, Colorado.
“The...
Epoch Residential sells 292-unit apartment community in Phoenix to Knightvest Capital
JLL Capital Markets announced that it has completed the sale and financing of Capital Place apartments located at 11 S. 12th St. in Phoenix, Arizona.
JLL arranged the sale from Epoch Residential to Knightvest Capital....
Phoenix Multi-Housing Project Secures $62.625m in Financing
JLL Capital Markets announced today that it has secured $62.625 million in construction financing for Meritum Sonoran Desert, a 348-unit, garden-style multi-housing development in Phoenix, Arizona.
JLL worked on behalf of the borrower, IDM Companies,...
Las Vegas to celebrate grand opening of Revel Vegas, a refined senior community
The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Revel Vegas – a new, refined senior community at 4940 S. Conquistador Street, Las Vegas, NV 89148, located just...
Caliber Announces Hotel Conversion Project to Apartments, Townhomes, and SFR in South Phoenix
Caliber finalized funding for the first phase of the Company’s SP10 project in the Ahwatukee Foothills neighborhood in South Phoenix.
The SP10 project will begin with the conversion of an existing 160-room hotel to 104...
