Deals - West
Cities
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Bellwether Enterprise Closes $51M Refi
The company arranged the refinancing of Alley 111, a 12-story apartment building offering a mix of studios, one- and two-bedroom units, along with 4,000 square feet of retail space.
19 September 2017 16:24 -
Stepp Facilitates Record-Breaking LA Sale
The sale of Atwater Avenue Apartments achieved the highest price per unit and price per square foot ever paid for comparable properties in LA submarket Atwater Village.
18 September 2017 14:26 -
ABI Multifamily Brokers $2M Sale in Phoenix
Pierson Palms Apartments traded hands between private investors from California and Arizona. ABI Multifamily represented both parties in the $2.22 million transaction.
15 September 2017 15:23 -
JV Sells Downtown Santa Monica Mixed-Use Asset
The Marcus & Millichap division represented Century West Partners and BlackRock Realty Advisors Inc., and also procured the buyer. Chelsea Santa Monica includes 53 units and almost 6,000 square feet of retail space.
15 September 2017 09:09 -
Hollywood Apartment Community Trades for $11M
NNC Apartment Ventures expanded its California portfolio with value-add 42-unit residential property. The asset is located near popular destinations.
14 September 2017 16:15 -
Roxborough Acquires First Phoenix Community
The 168-unit property is located in the Paradise Valley submarket, adjacent to the Paradise Valley Mall. The company tapped Alliance Residential Co. as a third-party manager.
14 September 2017 13:20 -
JV Acquires $41M CO Community
The 280-unit Lamplight Square at the Park is located in Colorado Springs. Griffis/Blessing plans to upgrade unit interiors, as well as the outdoor/indoor pool and the fitness area.
13 September 2017 08:54 -
South Salt Lake City Property Trades for $67M
On behalf of a private investor, Marcus & Millichap arranged the sale of Lionsgate, a 15-building multifamily property in Murray, Utah. The 400-unit asset is located within minutes of Interstate 15.
12 September 2017 15:51 -
Transwestern Brokers Denver Community Deal
Jeff Sanders acquired the two apartment communities totaling 429 units for $30.9 million. They were built between the 1960s and 1970s and are located in improving areas close to downtown Denver.
05 September 2017 12:19 -
Inland Empire Asset Trades in 1031 Exchange
Providence Capital Group placed a non-contingent offer for the 140-unit community in Hemet, Calif., which traded for $15.5 million. Marcus & Millichap represented the seller and procured the buyer.
21 August 2017 17:59 -
Berkadia Completes $61M Sale of Seattle Community
Carroll’s Creek Landing is in close proximity to various shopping options including Walmart, Best Buy and Target. The 288-unit community serves as military housing.
21 August 2017 17:19 -
CBRE Closes Inland Empire Sale
Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.
18 August 2017 08:49 -
CBRE Brokers Sale of $56M Portland Community
The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.
16 August 2017 20:46 -
Cush & Wake Closes Sonoma County Residential Development Sale
Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.
16 August 2017 15:30 -
Pathfinder Expands Portland-Area Footprint with Sixth Acquisition
The company purchased The Habitat, an 85-unit community previously owned by Fowler Property Acquisitions. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the $15 million transaction.
15 August 2017 15:21