WestCorp Management Group takes over management of Summerlin and Henderson Apartment Communities
WestCorp Management Group has taken over management at Mariner at South Shores near Summerlin, and Cielo Apartment Homes in Henderson. Both properties feature one, two and three-bedroom floor plans, a variety of amenities, and...
Colorado Springs to celebrate grand opening of Province Springs, a refined senior community
The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Province Springs, a new, refined senior community located at 2960 Tutt Blvd in Colorado Springs, across the street from...
CA Senior Living starts construction on 137-unit Atria Westminster in Suburban Denver
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced it has begun construction on Atria Westminster, a five-story, 137-unit senior living community located at 9560 Sheridan...
$32.39 million seniors housing asset trades hands in Suburban Denver
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the San Marino Retirement Community, a 185,871-square-foot independent living, assisted...
Waterton acquires Ridge at Thornton Station, an 18-building, 280-unit multifamily community in Denver...
Waterton, a national real estate investor and operator, today announced it acquired an 18-building, 280-unit garden apartment community located in the Denver suburb of Thornton, Colorado.
The property, located just north of Denver in close...
Riverside Capital invests in Downtown Denver affordable housing
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...
Tower 16 Capital Partners acquires third multifamily project in Las Vegas, plans to renovate...
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 acquires 76-unit multifamily community in rapidly growing Salt Lake City submarket
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 directs $60.3 million Las Vegas multifamily acquisition
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...
Mid-1980s multifamily asset trades hands in Tempe
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...
Luxury design/build firm Blue Heron completes numerous housing communities in Southern Nevada
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,...
South Tempe multifamily asset sold by IPA for $22.5 million
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...
$51.35 million age-restricted multifamily asset sale in Utah closed by Marcus & Millichap
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...
361-unit institutional asset trades after 25-year hold
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...
The Calida Group Announces 180 Unit Expansion with Newly Renovated Ely By Elysian Living
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...
