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• 272-Unit Bloomfield, CO Res Development Targeted to Gen Y Lifestyles
7/24/13
SmithJones Partners LLC, a Denver-based apartment development and investment company, has completed construction on Arista Uptown Apartments, a transit-oriented, 272-unit apartment community in Broomfield, CO. The project, si...
Price: $4.99
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• GLL Real Estate Partners Closes 163k sf AZ Office Buy
7/24/13
GLL Real Estate Partners Inc has purchased Broadway 101, a 162.5k sf, Class A multi-tenant office campus in Tempe, AZ. The property is located at 2141-2151 E. Broadway Rd, on the west side of the 101 Fwy and Price Rd.
The Br...
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• Tucson, AZ Multifamily Property Acquired with $6.75 Mil of Permanent Financing
7/23/13
Hamilton Zanze & Company has obtained $6.75 mil in permanent financing for the acquisition of Oracle Village, a Tucson, AZ multifamily apartment community built in 1983. The financing was arranged by CBRE’s San Francisco Debt...
Price: $4.99
Executive Subscriber Price: Free
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• Hines and Jordan Perlmutter & Co Break Ground on Spec Office Project in Denver
7/22/13
Hines and Jordon Perlmutter & Co have broken ground on 1601 Wewatta, a new Class A, 300k sf office building located in the Central Platte Valley district of Lower Downtown (LoDo) Denver. The site is directly adjacent to the ...
Price: $4.99
Executive Subscriber Price: Free
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• Bascom Spends $22 Mil on Its 11th AZ Multifamily Buy Over the Past Year
7/19/13
Bascom Arizona Ventures has completed another AZ acquisition, paying $22.385 mil in an off-market deal for The Terraces at Glassford Hill Apartments, a 226-unit ($99k/unit) luxury community in Prescott Valley. The property is...
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Executive Subscriber Price: Free
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• MIG Real Estate Completes $13 Mil Vegas Office Buy
7/18/13
According to Rockwood Real Estate Advisors, this submarket recorded the highest average asking rate, the greatest net absorption and the second lowest vacancy rate in the Las Vegas office market during the fourth quarter of 2...
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• BH Properties Adds to Its AZ Multifamily Portfolio
7/18/13
LA–based BH Properties just completed a large AZ multifamily buy, acquiring Vista Ventana, a 275-unit property in Phoenix. The property is located at 3221 W. El Camino Dr. The price was not disclosed.
Because the firm owns t...
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Executive Subscriber Price: Free
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• ViaWest Group and Contrarian Capital Management Acquire 321k sf AZ Biz Campus
7/16/13
ViaWest Group and joint-venture partner Contrarian Capital Management LLC have acquired Warner Business Center through a credit bid at the trustee sale. The joint venture had purchased the debt and completed the foreclosure p...
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• Fred Tuomi Joins Colony American Homes as Chief Operating Officer
7/12/13
Fred Tuomi has joined Colony American Homes (“CAH”) as Chief Operating Officer. Tuomi will be responsible for leading the company’s operations with a particular focus on renovations, property management and leasing, and inf...
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Executive Subscriber Price: Free
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• Matt Gustafson Joins Johnson Capital as VP
7/11/13
Matt Gustafson has joined Johnson Capital as Vice President in the company’s Denver office. He specializes in the origination of FHA/HUD financing for multi-family and healthcare properties. Matt joins the team with nearly a...
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Executive Subscriber Price: Free
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• Berkeley Capital Provides $32 Mil Loan for 420-Unit CO Apartment Buy
7/11/13
Berkeley Point Capital LLC recently closed a $31.6 mil loan on behalf of Kennedy Wilson for the acquisition of Sommerset Gardens, a 420-unit garden-style, Class B apartment community located in Aurora, CO. The financing was...
Price: $4.99
Executive Subscriber Price: Free
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• Western National and Norwood Development Group to Partner on Fourth Multifamily Project in Colorado Springs
7/09/13
Western National Group and Nor’wood Development Group have teamed up for their fourth joint venture multifamily project in Colorado Springs. The project will contain 250 to 300 units and will be located within the “InterQues...
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Executive Subscriber Price: Free
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• JCR Capital Provides $22 Mil on Multifamily Portfolio
7/05/13
Denver-based JCR Capital provided $22 mil in mezz financing on a portfolio of 16 multifamily properties on the west coast totaling 3,315 units. The loan was financed as part of JCR's $100 mil investment fund "JCR Com...
Price: $4.99
Executive Subscriber Price: Free
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• Berkshire Property Advisors Buys 280-Unit Res Property in Colorado
7/01/13
Berkshire Property Advisors has purchased Alta Aspen Grove, a 280-unit luxury garden-style apartment community in Littleton, CO. The property, located on 17.5 acres at 7317 South Platte River Pkwy, was sold by Wood Partners L...
Price: $4.99
Executive Subscriber Price: Free
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• $5 Mil in Sales for Three 7-Eleven Locations
6/27/13
Three single-tenant 7-Eleven stores -- in Upland and Anaheim, CA and Denver, CO – traded hands in recent deals totaling over $5 mil.
In Upland, a 3k sf 7-Eleven located at 2416 W. Arrow Rd sold for $1.9 mil ($633/sf). Built ...
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• 328-Unit AZ Res Project Breaks Ground
6/25/13
Lennar Multifamily and Resmark Apartment Living recently broke ground on a 328-unit apartment project in Tempe, AZ. The development is set on 5.72 acres south of the Tempe Center for the Arts on Rio Salado Pkwy, adjacent to T...
Price: $4.99
Executive Subscriber Price: Free
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• Special Districts Managements Services Renews in Lakewood, CO
6/21/13
Special Districts Managements Services Inc. has signed a four-year lease renewal for 7.6k sf of office space at 141 Union Blvd in Lakewood, CO. The building is owned by Westcore Properties.
The 141 Union building totals 63....
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• Crowne Plaza Hotel in Colorado Springs Changes Hands
6/21/13
The Crowne Plaza Hotel, a 500-room hotel located in Colorado Springs, CO, was acquired by 513 Hotels, LTD for an undisclosed amount. The property, located at Exit 138 of Interstate-25, just south of downtown, was sold by Davi...
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Executive Subscriber Price: Free
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• Bascom Acquires 432-Unit Multifamily Asset in Phoenix
6/19/13
Bascom Arizona Ventures purchased Arcadia Cove Apartments, a 432-unit luxury community located at 2252 North 44th St in Phoenix, AZ, for $40.7 mil ($94k/unit). Arcadia Cove is the 10th acquisition that the company has comple...
Price: $4.99
Executive Subscriber Price: Free
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• CBRE Hotels/Finance Arranges $88 Mil on Phoenix Resort
6/19/13
Grossman Company Properties has obtained $88 mil in non-recourse financing for the 740-key, all-suite Arizona Grand Resort located in Phoenix, AZ. Built in 1987 and following a comprehensive $66 mil renovation and expansion ...
Price: $4.99
Executive Subscriber Price: Free
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