Capstone’s Denver Brokerage Team Expands with Kevin Woolsey
Capstone Companies is pleased to announce the addition of Kevin Woolsey as Senior Investment Advisor to our apartment team. Kevin brings a wealth of experience in the commercial real estate industry, with a proven track...
One Degree Acquisitions Opens Phoenix Office Helmed by Christopher Westcott
One Degree Acquisitions (“ODA”), a commercial real estate investment firm focused on the acquisition and management of a diversified portfolio of core-plus, value-add, and opportunistic assets, is pleased to announce the appointment of Christopher...
Kidder Mathews Expands into Idaho, Recruits Top Retail Brokerage Team with Sherry Schoen and...
Kidder Mathews has expanded into Boise, Idaho, recruiting one of the region’s top retail brokerage teams with Sherry Schoen and Kasey Smart. Sherry Schoen brings nearly two decades of commercial real estate expertise and specializes...
Subtext To Develop “VERVE Tempe,” Its Second Student Housing Development Near ASU
Subtext, a national student and multifamily housing developer, announced that it will start construction at 1011 E Orange Street in Tempe, Arizona for the development of VERVE Tempe, a 15-story student apartment community located...
JLL Arranges $120M in Construction Financing for Ray Phoenix Apartments
JLL Capital Markets arranged $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multifamily residential building in downtown Phoenix. The property will consist of studio, one-, and two-bedroom units, including...
Development is Underway at Trilogy Investment Co.’s BTR Community Rêve at Encanto West in...
Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that site development has commenced with utility construction underway at Rêve at Encanto West in Avondale, Arizona just outside of Phoenix. This 84-townhome BTR...
CBRE Announces Sale of 220-Unit Multifamily Property Landing at Fiesta Village in Mesa Arizona
Landing at Fiesta Village, a 220-unit apartment property in Mesa, Arizona was acquired by Millburn & Company. The asset was sold by a venture between Boston-based real estate private equity firm Rockpoint and P.B....
CBRE Announces Sale of 24-unit Apartment Community Cottonwood Creek Apartments in Colorado Springs
Cottonwood Creek Apartments, a 24-unit apartment community in Northeast Colorado Springs, Colorado traded hands in a recent $3.5 million ($145.8k/unit) deal. Built in two phases, 12 units in 1978 and 12 units in 1983, most...
Soltrust Announces Office to Apartment Conversion of Alloy Midtown in Phoenix
Soltrust will debut Alloy Midtown, an urban office-to-apartment conversion. Soltrust Residential REIT (Formerly Blueprint Capital REIT) created Alloy Midtown, comprised of two unique structures. On one side of the community, residents will find a converted...
Two New Budget-Conscious Streamliner Multifamily Communities Coming Soon to Metro Phoenix
Greenlight Communities, along with Bryten Real Estate Partners, its selected property management company, announced leasing is now underway at their two newest apartment communities. Both Streamliner communities are located in Metro Phoenix with move-ins...
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...
Calmwater Capital Funds $34M Loan to Refinance Newly Built Apartment Community Oxford Vista in...
Calmwater Capital has provided The Prime Company (“TPC”) with $34 million in first mortgage debt to refinance Oxford Vista, a recently built, 146-unit Class A multifamily property in the Denver suburb of Englewood, Colorado. The...
Institutional Property Advisors Closes Multifamily Asset Sale of The Falls at Canyon Rim in...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Falls at Canyon Rim, 288-unit apartment property in Ogden, Utah. “Lower apartment rents than in other major U.S. markets are attracting many...
Institutional Property Advisors Brokers $64M Sale of The 242-unit Livano Deer Valley Multifamily Property...
Institutional Property Advisors, a division of Marcus & Millichap, brokered the sale of The Livano Deer Valley, a 242-unit multifamily property in Phoenix, Arizona. The $64 million sales price equates to $264,463 per unit. Steve Gebing...
JLL Arranges Financing for the 60-unit Benjamin Square Multifamily Community in Eaton Colorado
JLL Capital Markets announced that it has arranged $5.8 million in financing for Benjamin Square, a 60-unit affordable housing community in Eaton, Colorado. JLL represented the borrower, Brikwell, to secure the fixed-rate senior loan through...