Brickstone Secures $58MM Refinancing for Fort Collins Portfolio from Blackstone
Brickstone Partners, a full-service real estate investment and development firm located in Nashville, Tennessee announced a $58 million refinancing of its Fort Collins, Colorado multifamily portfolio provided by Blackstone. Brickstone acquired the portfolio consisting of...
Institutional Property Advisors Brokers Multifamily Asset Sale Equestrian Luxury Apartments in Tucson
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Equestrian, a 288-unit multifamily property in Tucson, Arizona. “Equestrian’s prime Northwest Tucson location is underscored by superior demographics,” said Clint Wadlund, IPA senior...
Institutional Property Advisors Brokers Luxury Mid-Rise Multifamily Asset Sale of Glen 91 in Glendale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold for $76.5 million, or $258,446 per unit. “The West Valley’s municipalities,...
Tower Capital Arranges $51.5M in Construction Financing for Phoenix West Valley BTR Development Skyview...
Tower Capital arranged $51.5 million in non-recourse construction financing for the development of Skyview by Zen, a 190-unit Build-to-Rent (BTR) community in Phoenix’s West Valley. Tower Capital’s Kyle McDonough, Managing Partner and Co-Founder, and...
Tower 16 Capital Partners Secures $128M Refinancing on Ardella Four-Property Multifamily Portfolio
San Diego-based Tower 16 Capital Partners has successfully closed on a $128 million refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across California and Arizona. The new fixed-rate agency loans feature five-year...
Arizona Land Consulting Closes Land Sale in Buckeye Arizona for Upcoming Mixed-Use Multifamily Project...
Arizona Land Consulting (ALC) has closed on two locations in Buckeye, Arizona within the community Copper Falls. The deals, combined, amounted to nearly $20 million. The first acquired property is 72 acres that will be...
RADCO Residential Appoints Amie Robertshaw as Vice President, Client Services to Grow Third-Party Platform
RADCO Residential, a leading full-service multifamily property management company with a robust presence throughout the Southeast, announced that Amie Robertshaw has been hired as Vice President, Client Services, to grow the company’s third-party services...
CPP Acquires Third Affordable Housing Property Elmore Roberts Apartments in Great Falls Montana
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Elmore Roberts Apartments in Great Falls, Montana. This is CPP's third project in Great Falls, following its acquisition...
Capstone Closes Sale of Iliff Avenue Office Redevelopment Project in Denver
Capstone Colorado Land Team has closed the sale of 4770 E Iliff Avenue, a 48,917 sq ft (1.12 ac) office redevelopment property in Denver for $2,700,000. Adam Bellin, Travis Hodge, and Taylor Burns of...
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...
Epp & Sons Acquires One19 Cherry Creek Apartments in Denver for $23M
Broadmark Realty Capital, a subsidiary of Ready Capital, sold One19 Cherry Creek at 119 S. Harrison Street to Epp Properties. One19 Cherry Creek is a 47,300-square-foot, three-story apartment building. The property was originally built as...
JLL Closes Financing for the 102-unit Multifamily Property Eastglen Apartments in Longmont Colorado
JLL Capital Markets announced that it secured $11.96 million in acquisition financing for Eastglen Apartments, a 102-unit multifamily property in Longmont, Colorado. JLL worked on behalf of the borrower, a joint venture between Two Arrows Group...
Joint Venture Between Rockefeller Group and MGL Partners Commences Construction on 264-Unit The Juniper...
Rockefeller Group and MGL Partners have joined forces to start building The Juniper on Mainstreet, a 264-unit multifamily community located in downtown Parker, Colorado. The project is expected to cost over $107 million. The Juniper...
RXR and Korman Communities Acquire New 400-Unit Luxury Multifamily Development The Blake in Phoenix
A joint venture between RXR and Korman Communities acquired The Blake, a 400-unit luxury multifamily community in Phoenix, Arizona. The property was sold by a joint venture between StreetLights Residential and an affiliate of...
Thompson Thrift to Develop 344-Unit Luxury Multifamily Community The Landing at Lemay in Fort...
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced that it will develop The Landing at Lemay, a 344-unit Class A multifamily community in Fort...