Resource Real Estate Buys Phoenix Community for $55M
Bascom Arizona Ventures sold Indigo Creek, a 408-unit community built by Gray Development Group in the Arrowhead region in 1993.
ARA Newmark Closes Record Denver-Area Sale
The 26-unit community was constructed in 2015. The sale marks the company’s highest per-unit multi-housing trade in Colorado.
HFO Investment Sells $15M Oregon Community
Mactrust LLC acquired the community for $15.2 million, or $90.719 per unit. The buyer plans to continue making improvements to the property, which is located close to an array of green spaces, retail and schools.
Marcus & Millichap Sells $48M Community
A partnership between Millcreek and a global real estate investment manager sold the 134-unit property near downtown Portland. The luxury community, Modera Goose Hollow, is LEED Gold-certified.
Dominium Expands Orlando Presence
The Minneapolis-based developer has acquired the 120-unit Chelsea Park Apartments, with plans to renovate the community and upgrade its amenities.
Dougherty Closes on St. Louis Affordable Community
The company has arranged a 35-year term loan for the 95-unit community. The property was built as a hotel in 1963, and in 2007 it was converted to a multifamily community.
Denver Mixed-Use Project Lands Construction Loan
The 190-unit development will also include 12,000 square feet of retail space.
Mainspring Developers Unveils Luxury Condo in Downtown Denver
The company, along with architect Cuningham Group, announced the opening of 26-unit project in Jefferson Park.
Pinnacle to Manage Seattle Luxury Asset
The 79-unit community is under construction and will soon begin pre-leasing.
Hunt Mortgage Procures $22M for 2 Dallas Communities
The borrower plans a $3.2 million renovation of the 309-unit and 174-unit garden-style communities.