Deals - West

  • Phoenix Asset Changes Hands for $40M

    Mountain Park is located in Ahwatukee Foothills, offering residents job opportunities along the West Chandler employment corridor.

    21 November 2017 09:52
  • LA Community Sells for $16M

    Transwestern brokered the sale on behalf of the seller, a private investor and also represented the buyer, Winstar Properties Inc., in the off-market transaction.

    20 November 2017 15:18
  • Lee & Associates Closes $7M Sale in Phoenix

    Two apartment communities located in northern Phoenix traded among private investors. The properties comprise 44 units.

    17 November 2017 16:16
  • Berkadia Arranges $22M for SoCal Community

    The company secured a seven-year Freddie Mac acquisition loan for Interstate Equities Corp.'s purchase of the 133-unit Verse La Mesa in La Mesa, Calif.

    16 November 2017 16:29
  • Phoenix Condo Project Site Trades for $1.6M

    ABI Multifamily facilitated the land sale, which includes the planned development of a three-story, 16-unit luxury community called Aeries Townhomes.

    14 November 2017 16:31
  • SF Bay Community Changes Hands

    HFF brokered the sale of Atlantic Apartments, a 186-unit value-add, garden-style community in Alameda, Calif., on behalf of the buyer.

    13 November 2017 15:35
  • Lee & Associates Brokers $21M Phoenix Transaction

    Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.

    09 November 2017 14:59
  • CBC Brokers Sale of 3 Historic SLC Communities

    Multifamily investors continue to show interest and confidence in the area’s apartment market. Strong demand resulted in multiple offers for all three assets.

    08 November 2017 16:46
  • Suburban LA Community Sells for $20M

    Marcus and Millichap brokered the sale of Villa Hermosa Apartments in Norwalk, Calif. The sale marks the largest non-institutional multifamily transaction in the suburban city.

    07 November 2017 15:05
  • Baron Properties Buys Phoenix Community for $20M

    Since acquiring Capella Place in 2012 for less than half the price, Gelt has made several improvements, adding value to the 150-unit property.

    06 November 2017 17:28
  • Mogharebi Closes Record Breaking Sale in Fairfield, CA

    The company closed the sale of Spring Meadows Apartments at a $160,000 price per unit. This marks a record price for communities built before 2000 comprising more than 30 units.

    03 November 2017 16:21
  • Coldwell Banker Expands CA Portfolio

    Welcoming 18 sales professionals formerly affiliated with Jelly Properties, Coldwell Banker Residential Brokerage purchased its third office in Del Mar. Joe Jelley will join the brokerage company in a sales capacity.

    03 November 2017 14:20
  • Security Properties Expands Its WA Portfolio

    The 178-unit community offers convenient access to major employers such as Intel, JBLM, State Farm Insurance and Amazon. Garco Construction sold the asset for $32.3 million.

    03 November 2017 12:29
  • Inland Closes 141-Unit CO Community Sale

    An Inland affiliate acquired the suburban property situated roughly one hour north of Denver. The community was 97.2 percent occupied as of September.

    03 November 2017 11:05
  • JV Invests $148M in 2 Luxury AZ Assets

    Bascom Arizona Ventures and Pacific Life Insurance Co. acquired Legend at Kierland and Tradition at Kierland, totaling 724 units. Quadrant Real Estate Advisors provided debt financing arranged by CBRE.

    02 November 2017 15:38