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...
1970s-built Southwest Reno apartment complex sells for $37.55 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Skyline Canyon Apartments, a 204-unit apartment complex in Reno, Nevada....
Tower 16 Capital Partners acquires fifth multifamily project in Las Vegas for $32.5 million,...
San Diego-based Tower 16 Capital Partners, in a joint venture with Henley Investments, has acquired Five89 Apartments, a 312-unit multifamily project in Las Vegas for $32.5 million. The property was acquired on an off-market...
Optum invests $8.8 million to transform historic Bonneville Hotel into affordable housing to help...
Optum is investing $8.8 million in Bonneville Apartments, an affordable-housing community currently under construction in downtown Idaho Falls. Upon completion, the historic Bonneville Hotel will be transformed into 35 new affordable apartments and 5,000...
West Phoenix multifamily asset sells for $32.25 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property in Phoenix’s West Valley. The asset sold...
Pioneering design-driven, green building for luxury multihousing in the Arizona desert
One Scottsdale developer, widely credited as pioneering modern, sustainable multifamily residential buildings in Arizona 15 years ago, is debuting the next evolution of the company’s award-winning, green-building design at its newest luxury condominium tower...
HFF arranges $45.65M financing for Talavera Apartments in Denver
Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged $45.65 million in financing for Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver, Colorado.
HFF worked on behalf of the borrower, Denver-based Griffis Residential,...
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...
HFF arranges financing totaling $190.873M for 6 apartment communities in Texas, Alabama and Colorado
Holliday Fenoglio Fowler, L.P. (HFF) announces financing totaling $190.873 million for six apartment communities comprising 1,843 units in Texas, Alabama and Colorado.
The HFF team worked on behalf of the borrower, Advenir, Inc., to secure...
Legacy Partners begins leasing at TriVista on Speer in Denver
Legacy Partners (Legacy), a privately-owned national real estate firm in a joint venture with USAA Real Estate, announced today the start of leasing at TriVista on Speer in Denver’s Golden Triangle neighborhood. The seven-story,...
Continental Realty Advisors pays $222,000 per unit in Las Vegas, acquiring The Onyx Apartments...
Continental Realty Advisors, Ltd. ("CRA"), a Denver-based multifamily investment firm, has completed the acquisition of The Onyx, a 63-unit community in the Las Vegas Strip submarket. Occupancy at the property is high due to...
128-unit apartment complex in Phoenix, Arizona sells for $8,725,000
Puesta Del Sol, a 128-unit apartment complex located at 8818 S. Central Avenue in Phoenix, Arizona, has sold for $8,725,000. The buyer was Urban Communities, a real estate development and redevelopment company that focuses...
Bascom Arizona Ventures acquires Phoenix Class A multifamily property for $89.2 million
Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments ("Tempo"). Tempo is a mid-rise multifamily property consisting of 423...
Downtown Tempe’s “The Local” to Open April 2019
The Local, a new, multimillion dollar, mixed-use development located in the heart of downtown Tempe at University Drive and Ash Avenue, is set to welcome its first residents April 2019. This newest addition to...
Rental app fees may change in Colorado
As people move in droves to Colorado, limited housing is an ongoing issue.
While newcomers are looking for a place to live, it’s common practice for rental companies to charge an application fee.
The fee often...
