Brokers' Corner - West

HFF Secures $34M Loan for Denver Asset
Managing Director Josh Simon and Director Kristian Lichtenfels worked on behalf of the borrower to arrange the seven-year loan secured through Freddie Mac’s CME program.
Market Rate
CBRE Arranges $55M Portland Asset Sale
Joe Nydahl, Phil Oester and Josh McDonald of CBRE’s Northwest Multifamily Institutional Investment division worked on behalf of the seller of the 149-unit, mid-rise property, of which 38 apartments are affordable.
Market Rate
HFF Arranges Recap of OR Community
HFF Senior Managing Director Ira Virden and Director Carrie Kahn were part of the investment advisory team overseeing the recapitalization of the 208,247 square feet property.
Market Rate

Cities

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    ABI Brokers $8M Sale of Lender REO Asset in Phoenix

    The buyer plans to invest $1 million in interior and exterior upgrades to improve the property, which is situated across the street from the 19th Avenue/Glendale light rail station.

    19 March 2018 16:58

  • CBRE Secures Sale, Finances OR Student Housing

    A team of Phil Oester, Joe Nydahl and Josh McDonald represented both the seller and the buyer in the sale of the 179-unit student housing community and secured a $19.1 million 10-year loan.

    13 March 2018 21:01

  • CBRE Arranges $11M Metro Portland Sale

    CBRE’s Phil Oester, Joe Nydahl and Josh McDonald worked on behalf of the seller in the disposition of a townhome-style community in Tigard, Ore.

    06 March 2018 16:10

  • Marcus & Millichap Arranges Sale of 3 CO Assets

    The properties in the transaction include Elm Grove and Shadow Tree—which the buyer plans to renovate—as well as Fitzsimons Place, all located in Aurora, Colo.

    01 March 2018 04:00

  • IPA Brokers $20M Value-Add Sale in Tucson

    The new owner will capitalize on the improvements made by the seller, which led to an 18.5 percent increase in the average monthly rent, compared to last year.

    02 February 2018 17:08

  • HFF Secures JV Equity for 255-Unit CO Project

    Senior Director Mark Erland, Managing Director Josh Simon, along with Directors Matthew Benson and Leon McBroom, worked on behalf of the developer, Price Development Group.

    02 February 2018 12:36

  • Berkadia Secures $37M Financing for WA Community

    Senior Director Rob Affleck arranged the construction loan for the project, slated for completion in 2019, through a HUD program.

    01 February 2018 12:24

  • Berkadia Facilitates $133M Seattle-Area Sale

    Senior Managing Director Kenny Dudunakis and Directors Ben Johnson and David Sorensen represented the seller of the 485-unit Shoreline community.

    26 January 2018 11:28

  • HFF Secures $28M Refi for OR Community

    Director Scott Gilson and Associate Charlie Watson, both on the firm's debt placement team, represented the borrower of the 10-year loan, which was placed with Freddie Mac’s Capital Markets Execution (CME) program.

    25 January 2018 15:38

  • HFF Brokers CO Community Sale

    HFF Managing Director Jordan Robbins, along with Directors Jeff Haag and Anna Stevens, represented the seller—a joint venture of Holland Partner Group and North American Sekisui House LLC.

    10 January 2018 23:03

  • ABI Brokers $4M Sale of Phoenix Community

    ABI represented both parties in the transfer of Tres Arcos Apartments, a 1969-constructed, seven-building apartment community in the Biltmore submarket.

    10 January 2018 22:49

  • CBRE Arranges Portland Community Sale

    Graham Taylor represented the seller, Kehoe Northwest Properties, in the $25.5 million transaction. The buyer plans to invest $1 million for common amenities upgrades.

    04 January 2018 22:18

  • KW Commercial Specialist Brokers CA Sale

    Michael Koshet, who specializes in off-market multifamily transactions, represented both the buyer and the seller of The Village at Toluca Lake, a 146-unit community in Burbank.

    27 December 2017 19:59

  • ARA Newmark Closes Sale of $100M Denver Community

    Vice Chairmen Terrance Hunt, Shane Ozment, Jeff Hawks and Doug Andrews, and Executive Managing Director Chris Cowan represented Columbus, Ohio-based developer Edwards Cos.

    22 December 2017 10:36

  • Trion Properties Expands Portland Portfolio

    The $12.3 million transaction marks the company’s third acquisition in the city of Beaverton, Ore. Trion plans to implement a renovation plan, including improvements made to the exterior and interior of the property.

    08 December 2017 16:48