Deals - West
Cities
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Stepp Arranges Sale of Santa Monica Community
The community sold for a total of $4.3 million at a 3.7 percent cap rate. Stepp Commercial represented both parties in the deal.
15 October 2018 13:42 -
Top 10 Inland Empire Multifamily Transactions
The Inland Empire multifamily market continues to grow its inventory at a slow burn, further inflating rent rates and property values. One effect of this dynamic is its growing price per unit, which currently averages $156,020 across the metro, roughly $9,000 above the national average.
12 October 2018 14:08 -
CBRE Brokers $93M Denver Community Sale
Dan Woodward, David Potarf and Matthew Barnett worked on behalf of the seller, a joint venture of TruAmerica Multifamily and Investcorp.
09 October 2018 13:18 -
IPA Brokers Sale of 224-Unit Property
Working on behalf of Fairfield Residential, the brokerage firm procured the buyer, a private investor. The community is located around 26 miles from downtown Los Angeles.
05 October 2018 14:46 -
LA-Area Community Trades for $93M
Institutional Property Advisors represented the seller and procured the buyer in the sale of Carillon Apartment Homes in Woodland Hills, Calif.
04 October 2018 16:53 -
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.
03 October 2018 16:06 -
JV Acquires Las Vegas Community for $50M
Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.
03 October 2018 14:52 -
Inland Empire Builders Sells Phoenix Asset for $52M
Capital Foresight is the new owner of Avante Apartment Homes, a 428-unit community located near the city’s downtown area.
02 October 2018 17:18 -
Phoenix Asset Sells for $49M
Knightvest Acquisitions purchased Siena on Baseline Apartments from P.B. Bell Cos. The 352-unit community includes three pools, covered parking and a playground.
25 September 2018 18:00 -
CapitaLand Acquires $835M Portfolio
The properties include 16 communities located within the metropolitan areas of Seattle; Portland, Ore.; Los Angeles; and Denver. This marks the firm's entrance into the U.S. multifamily market.
21 September 2018 15:30 -
CBRE Closes $82M Sale of CO Community
Executive Vice Presidents Dan Woodward and David Potarf, along with Senior Vice President Matthew Barnett, represented Seagate Properties in the disposition of Environs in Westminster.
20 September 2018 17:23 -
CO Apartment Asset Receives $38M Freddie Mac Loan
Josh Simon and Kristian Lichtenfels of HFF worked on behalf of the borrower, Jeffrey Sanders of Mountain View Capital LLC, to secure financing for the Denver-area property.
13 September 2018 14:50 -
Western Wealth Sells 79 Phoenix-Area Units
Scottsdale Haciendas previously traded in 2014, when the current seller shelled out $9.1 million for the value-add asset located close to McDowell Road.
13 September 2018 13:52 -
Security Properties Buys $85M Portland Asset
The buyers plan to upgrade common areas and unit interiors at the pet-friendly community, which was 92.8 percent occupied as of July.
13 September 2018 12:45 -
HFF Completes $18M Sale of Metro Seattle Community
Watt Cos. acquired The James, a 144-unit community in Lakewood, Wash. The garden-style property offers a mix of studio, one-, two- and three-bedroom units across 14 buildings.
07 September 2018 15:50