Wednesday, May 15, 2024

Mountain region

Mountain region includes: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming

Steamboat Basecamp

Capital Square JV Completes Phase One Construction of Steamboat Basecamp Multifamily Development in Steamboat...

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities, announced the completion of construction of phase one for Steamboat Basecamp, a...
MAA Central Avenue

MAA Scores Central Avenue in Phoenix Lease-Up for $102M in Cash

For executives at Memphis-based REIT MAA, Central Avenue is the type of opportunity that should emerge over the next year. The company bought the 323-unit, mid-rise property from a developer under stress in October....
Courtyard Towers

Institutional Property Advisors Brokers Sale of Residential Tower Courtyard Towers in Mesa Arizona

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Courtyard Towers, a 13-story residential tower in Mesa, Arizona comprised of 169 units. “Delivered vacant at closing, the property is primed for...
Quail Meadows

Kidder Mathews Arranged Financing for Sale of 56-Unit Quail Meadows in Reno for $14.5M

Quail Meadows, located at 5599 Quail Manor Ct, Reno, Nevada, has sold for $14,500,000 to a private real estate investment firm from San Jose, California. Kidder Mathews Senior Vice President Gerrit Hillebrand, CCIM represented the...
Parc Broadway

Institutional Property Advisors Closes and Finances Parc Broadway in Tempe Arizona for $100M

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Parc Broadway, a 324-unit multifamily property in Tempe, Arizona. The asset traded for $100.25 million, or $309,414 per unit. IPA Capital...
NOVO Broadway Apartments

MG Properties Acquires NOVO Broadway Apartments in Tempe Arizona for $100.25M

MG Properties, a leading real estate investment and management firm, announced its $100.25M acquisition of NOVO Broadway Apartments (formerly known as Parc Broadway), a residential community located in Tempe, Arizona recently completed by Evergreen...
Navona

Toll Brothers Break Ground a Week Apart on Two Properties in Arizona

Toll Brothers Apartment Living, the multifamily division of single-family home builder Toll Brothers, broke ground on two new projects in the Phoenix metro area earlier this month: Navona, a 400-unit development in Mesa, Arizona,...
Cadence Broomfield by Cogir

Leasing Office Now Open for Cadence Broomfield by Cogir Senior Living in Broomfield Colorado

The Opus Group (Opus) said the leasing office is now open for Cadence Broomfield by Cogir, a three-story, 165-unit senior living development at 4275 West 121st Avenue in Broomfield, Colorado. "We are excited to bring...
Intrigue Apartments

NewPoint Provides $17.5M in Financing to Facilitate the Acquisition of Intrigue Apartments in Las...

NewPoint Real Estate Capital has provided $17.5 million in Fannie Mae DUS® conventional multifamily financing to facilitate the acquisition of Intrigue Apartments, a 193-unit community located in Las Vegas, Nevada. "This is a well-located, well-maintained...
The Fitzgerald

JLL Secures $99M in Financing for Luxury Denver Apartment Community The Fitzgerald

JLL Capital Markets announced that it has arranged the $99 million refinancing of The Fitzgerald, a 282-unit, 11-story luxury apartment community in the LoDo neighborhood of downtown Denver, Colorado. Situated at 1840 Market St., The...
Retreat at Mountainside

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...
Lumara

Toll Brothers Apartment Living and Willton Investment Management to Develop 456-Unit Luxury Rental Community...

Toll Brothers, the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Willton Investment Management have announced a new joint venture to develop Lumara, a four-story, 456-unit multifamily...
Canyon Retreat Apartments

Capstone Brokers $1.3M Sale of Canyon Retreat Apartments in Colorado Springs

Capstone has closed the sale of Canyon Retreat Apartments, a 5,252 sq ft multifamily property for the sale price of $1,310,000. Adam Riddle & Conor Cavanor of Capstone brokered the transaction. The property consists of...
Refinery at Pointe17

Thompson Thrift to Develop Luxury Multifamily Community Refinery at Pointe17 in Phoenix

Thompson Thrift, a full-service nationally recognized real estate company, announced the development of Refinery at Pointe17, a 224-unit Class A multifamily community near the $40+ billion Taiwan Semiconductor Plant (TSMC) in northern Phoenix. “We had...
Freestone on Main

JLL Secures $47M Capitalization for Multi-Housing Development in Bozeman Montana

JLL Capital Markets announced that it has arranged the $32 million construction financing and the $15 million equity placement for the development of Freestone on Main, a 121-unit, luxury market-rate multi-housing community located in...
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