|
• ColRich Multifamily Buys 248-Unit Apartment Property in Fort Collins, CO
1/29/25
ColRich Multifamily has purchased Courtney Park, a 248-unit garden apartment community in Fort Collins, CO, for $64.1 mil ($258.5k/unit). The property was sold by JRK Property Holdings.
Located at 4470 S. Lemay Ave, the prop...
|
• Multifamily Brokerage Team of Art Carll, Michael Albanese and Breah Sims has Joined Cushman & Wakefield
1/29/25
The multifamily brokerage team of Art Carll, Michael Albanese and Breah Sims has joined Cushman & Wakefield, out of the firm’s Las Vegas office. Serving investors and developers, the three-member veteran team will specialize ...
|
• Tower Capital Arranges $100 Mil in Construction Financing for Two Sunbelt BTR Developments
1/28/25
Tower Capital arranged nearly $100 mil in construction financing for the development of two build-to-rent (BTR) communities in Phoenix and Dallas, on behalf of two separate borrowers. Tower Capital’s Kyle McDonough, George Ma...
|
• Pacific Urban Investors Picks Up 250 Res Units in Downtown San Diego
1/28/25
Pacific Urban Investors acquired two multifamily communities in downtown San Diego totaling 251 units. The properties –– are located at 655 Sixth Ave and 677 Seventh Ave, respectively.
Both properties were completed in the ...
|
• The Bascom Group LLC and Oaktree Capital Management-Managed Account Close $126 Mil Sacramento Area Res Buy
1/27/25
The Bascom Group LLC, in partnership with funds managed by Oaktree Capital Management L.P. has acquired The Strand, a 408-unit newly built institutional quality multifamily community located in the highly desirable submarket ...
|
• Universe Holdings Collects $10 Mil from Sale of Two Multifamily Properties in L.A.’s South Bay
1/27/25
Universe Holdings sold two apartment properties totaling 32 units in L.A.’s South Bay area for a combined price of $10.1 mil.
One of the properties, Space Odyssey, a 14-unit building in Hawthorne, sold for $4.2 mil, or $300...
|
• Phoenix Class Multifamily Community Acquired by IMT Capital and an affiliate, IMT Residential
1/24/25
Marquis at Desert Ridge, a 370-unit Class A multifamily community located in the Desert Ridge neighborhood in north Phoenix, was acquired by IMT Capital, a Los Angeles-based privately held real estate investment firm, togethe...
|
• Planned Res Development in San Diego’s North Park Lands $46.5 Mil in Construction Money
1/24/25
Murfey Company has landed $46.5 mil in construction financing for Stella Apartments, a 149-unit multifamily development project in San Diego.
Stella Apartments, located at 3104 El Cajon Blvd in San Diego's North Park neighbo...
|
• Platte Canyon Capital Launches to Acquire Value-Add Multifamily Investments with $30 Mil Institutional Commitment from Inceptiv
1/23/25
Brennen Degner and Paul Pittman have launched Platte Canyon Capital (“PCC”), a private real estate investment firm with $30 mil in GP capital from funds managed by private equity firm Inceptiv to invest in middle-market multi...
|
• RISE Properties Trust Lands $92.5 Mil to Refinance Two Seattle Res Projects
1/22/25
RISE Properties Trust has obtained $92.5 mil in first mortgage debt to refinance two mid-rise multifamily communities totaling 266 units in Seattle, WA. The money was provided by Mesa West Capital.
The new five-year loan is ...
|
• Senior Housing Portfolio in Oregon Lands $40 Mil Refi Loan
1/21/25
A portfolio of three seniors housing communities totaling 344 units in Eugene and Springfield, OR was refinanced with a new loan for $40 mil. The properties are owned by a local operator.
The portfolio consists of Evergreen ...
|
• Work Finished on 310-Unit AZ Res Development
1/21/25
Construction has been completed on Northbend, a 310-unit res development featuring three garden-style apartment buildings in Tempe, AZ. McShane Construction Company built the project on behalf of the developers, Banyan Reside...
|
• New Luxury Res Development in the San Gabriel Valley Has Begun Leasing
1/20/25
Leasing is now underway at Solana at Duarte Station, a new 292-unit luxury apartment community in the eastern San Gabriel Valley city of Duarte. The project, a development of MBK Rental Living, is situated adjacent to the pre...
|
• Jackson Square Properties Buys Sacramento Res Community in $52.5 Mil Transaction
1/17/25
Jackson Square Properties has acquired The Lofts, a 188-unit suburban Class A multifamily community in Sacramento’s Natomas submarket, in a $52.5 mil ($279k/unit) deal. The property was sold by Reliant Group.
The Lofts, loca...
|
• NexMetro Recapitalizes $300 Mil Build-to-Rent Portfolio
1/16/25
NexMetro Communities has recapitalized a $300 mil build-to-rent portfolio across Phoenix and Denver. The new financing structure includes $160 mil in insurance capital invested and managed by Blackstone, plus a preferred equi...
|
• High Street Residential and Mitsui Fudosan America Start Work on 215-Unit Res Project in Scottsdale
1/15/25
High Street Residential (HSR) and JV partner Mitsui Fudosan America (MFA) have broken ground on a 215-unit, Class A, luxury residential community in Scottsdale, AZ. The project, which will have a formal name announced as cons...
|
• Sunroad Secures New $188 Mil Loan on San Diego Res Community
1/14/25
Sunroad Enterprises has obtained a new, $188 mil loan for Vive Luxe, a 442-unit multi-housing community in San Diego. Vive Luxe, nestled at 4890 Sunroad Centrum Ln in the Kearny Mesa submarket, offers a prime location approxi...
|
• Tower 16 Capital Partners Buys 167-Unit Build-to-Rent Community in Phoenix
1/09/25
San Diego-based Tower 16 Capital Partners has acquired Yardly McDowell, a 167-unit, Build-to-Rent (“BTR”) multifamily property located in Phoenix’s West Valley, for $46.5 mil ($278.4k/unit). The purchase marks the firm’s nint...
|
• Pathfinder Partners Closes $28 Mil Seattle-Area Res Buy
1/08/25
Pathfinder Partners has acquired Sundance, a 105-unit apartment community in Washington, in a $28.15 mil ($268k/unit) transaction. The property is located at 210 27th Ave in Milton, a suburban neighborhood just south of Seatt...
|
• Legacy Partners and DWS Start Work on Ontario Res Community
1/07/25
Legacy Partners and DWS Group have started construction on a 346-unit residence apartment community in Ontario. Located at 2510 S. Euclid Ave, the new community will consist of eight buildings (three to four stories tall) wit...
|
Return to the Multifamily area
