Mountain region

BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling $47,127,000 to preserve, build, and provide permanent financing for two affordable multifamily housing properties and one manufactured/mobile housing...

Brixton Capital has acquired Parkside at Littleton Village, a 114-unit boutique apartment community located at 300 E. Fremont Place in Littleton, Colorado. Amenities at the property include scenic mountain and city views, a clubhouse with...

Publicly-traded Avalon Bay Communities purchased a 306-unit apartment community Alta Cherry Hills in the south Denver-metro area for $95 million. Bell Fund VI was the seller of the multifamily community, at 3650 S. Broadway, in...

Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 million ($345k/unit) transaction. The community features resort-inspired amenities including a social lounge with a grand piano,...

Continental Realty Group, through its subsidiary Continental Realty Assets, Ltd. (CRA) a Denver-based multifamily owner and operator, is pleased to announce the purchase of the 168-unit Villa Del Rio Apartments in Las Vegas for...

McShane Construction Company has completed Manor Scottsdale, a 286-unit apartment complex in Scottsdale, Arizona. Related Group chose McShane to construct the five-story wrap-style building positioned on a 6.5-acre site. “We’re proud to announce the completion...

San Diego-based Tower 16 Capital Partners in partnership with Raith Capital Partners has successfully acquired Ascend on Glendale, a 216-unit multifamily property located near the rapidly-growing Westgate Entertainment District of Glendale, Arizona. “This marks our...

Ascent Companies & Vanderbuild along with property management company, Bryten Real Estate Partners, officially opened Amavida Marana, the newest luxury community in the heart of Marana, Arizona just outside of Tucson. Amavida Marana also offers...

Institutional Property Advisors, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, has arranged $52.3 million in financing for the construction of two build-to-rent (BTR) communities. The...

JLL Capital Markets announced the $12.6 million sale of Corona Del Sol, a 64-unit, garden-style apartment complex in Phoenix, Arizona. JLL represented the private high-net worth seller and sourced the buyer, KDF Communities. Corona Del Sol is...

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, 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, 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 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...

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...