Saturday, September 21, 2019

Mountain region

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

Brilliant and ButterflyMX bring elevated smart apartment experience to multifamily buildings and gated communities

At the CEDIA Expo, Brilliant, the leading smart home control company, announced a first of its kind integration with ButterflyMX, creator of the smart intercom. In late 2019, Brilliant and ButterflyMX will launch the...

JLL arranges $22.86M financing for 2 Denver-area apartments

JLL announces it has arranged financing totaling $22.86 million for Phenix at Infinity Park I and II, two adjacent multihousing properties totaling 185 units in the Denver suburb of Glendale, Colorado. Working on behalf of...

High Street Residential and CBRE Global Investors Fund begin construction on first phase on...

High Street Residential, the residential subsidiary of Trammell Crow Company, and its joint venture partner, a fund sponsored by CBRE Global Investors, have commenced construction on the first phase of The Fillmore, a mixed-use...

CBRE Arranges Sale of The Edge Apartments for $57.3 Million

CBRE has arranged  the sale of the 380-unit multifamily community The Edge on behalf of Baron Properties to Tides Equities LLC for $57.3 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of...

IPA closes Class A multifamily deal in West Valley for $58.5 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Remington Ranch, a 304-unit multifamily asset in the Phoenix metro area. The asset sold for $58.5 million, or $192,434...

Seattle-based Thayer Manca Residential re-enters Tucson, AZ markets

Thayer Manca Residential (TMR), a multifamily investment firm based in Seattle, made their first purchase since 2000 in the Tucson, Arizona market. TMR purchased the 368 unit, Palm Canyon Apartments for $40,300,000. Palm Canyon Apartments...

San Marquis Apartments in Tempe sell for $58.5 million

CBRE arranged the sale of the 224-unit multifamily community San Marquis on behalf of a venture between Sequoia Equities and Mark-Taylor Residential to Acacia Capital Corporation for $58.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher...

$71.75 million buys award-winning suburban Phoenix multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Alta San Marcos, a 273-unit apartment complex in Chandler, Arizona. The property sold for $71.75 million, or $262,821 per...

Pathfinder Partners acquires value-add multifamily community in Denver suburb

Pathfinder Partners, a San Diego-based firm specializing in value-add real estate investments, announced today the $20,725,000 acquisition of The Station—a 97-unit multifamily community at 2100 W. Berry Ave in Littleton, Colo., a Denver suburb....

JLL arranges $50.4M financing for Denver apartment project

JLL announces it has arranged financing totaling $50.4 million for the development of Farm Haus, a 280-unit, Class A apartment project in the north Denver suburb of Longmont, Colorado. JLL worked on behalf of the...

CBRE negotiates five Arizona multifamily sales totaling $13.43 million

CBRE announced the sale of five Arizona apartment communities totaling $13.43 million. Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke of CBRE in Phoenix arranged the following transactions: Crowne Pointe, a 35-unit garden style apartment...

Legacy Partners breaks ground on Colorado’s first large-scale OZ residential community

Legacy Partners (Legacy), a privately-owned national real estate firm, announced today the groundbreaking of Legacy at Fitz in Aurora, Colorado. Located at 1363 N. Victor Street, the five-story 363-unit apartment community is Colorado’s first...

CBRE arranges sale of Denim Scottsdale apartments

CBRE arranged the sale of the 644-unit multifamily community Denim Scottsdale on behalf of TruAmerica Multifamily to Bluerock Real Estate. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties...

TruAmerica Multifamily acquires 520-unit multifamily property in Phoenix, Arizona for $77.26 million

TruAmerica Multifamily, which owns and operates nearly 2,000 multifamily units in Phoenix AZ, has acquired Covington Park, a 520-unit garden-style apartment community for $77.26 million. Built in 1999, Covington Park is located in Phoenix’ Northwest...

Las Vegas to celebrate grand opening of Revel Vegas, a refined senior community

The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Revel Vegas – a new, refined senior community at 4940 S. Conquistador Street, Las Vegas, NV 89148, located just...
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