Deals - West

  • Kidder Mathews Arranges Sale of San Diego Community

    Built in 1989, 204 Clark St. is a 20-unit, 17,578-square-foot community with one- and two-bedroom apartments. The off-market transaction property offers easy access to both East Washington Avenue and North Broadway.

    14 February 2018 17:32
  • WWC Completes Phoenix-Area Acquisition

    The $17 million transaction represents the company's 39th acquisition. The company invested more than $210 million in multifamily assets last year.

    13 February 2018 16:10
  • Buchanan Acquires $60M CO Property

    The firm purchased the 240-unit Luna Bella in the Denver submarket of Lafayette. ARA Newmark represented the seller, Milestone Apartment Developers, in the transaction.

    13 February 2018 15:49
  • Tempe Community Trades for $7M

    ABI Multifamily has brokered the sale of the 56-unit Tempe North apartment community. The transaction was subject to a $4.5 million, 10-year loan provided by Opus Bank.

    12 February 2018 16:50
  • Umbrella Properties Snags $53M Phoenix Community

    CBRE Multifamily Institutional Properties represented the seller, PrivatePortfolio Group, in its disposition of the 328-unit Aldea at Estrella Falls in Goodyear, Ariz.

    12 February 2018 15:43
  • Decron Acquires Bay Area Property

    The 220-unit multifamily property sold for nearly $90 million and features a mix of one- and two-bedroom apartments across four buildings.

    12 February 2018 14:07
  • LA Community Sells for $45M

    IPA arranged the sale of Cielo Apartments, a Class A, 119-unit community in Chatsworth. Amenities include a clubhouse, fitness center and 208 parking spaces.

    12 February 2018 09:10
  • Freshwater Investments Nabs WA Asset

    The property’s seven garden-style buildings, 20 miles from Seattle’s city center, contain a mix of one-, two- and three-bedroom apartments.

    09 February 2018 18:05
  • JV Acquires $50M CO Community

    Completed in 1998, the 220-unit Bluffs at Castle Rock offers a mix of one- to three-bedroom units and is located roughly 30 miles from downtown Denver.

    09 February 2018 13:21
  • MIG Real Estate Buys Phoenix Community for $22M

    Western Wealth Capital's investors obtained an annualized return of more than 30 percent for the 216-unit Trails at Harris. The transaction represents the Canadian company's 11th successful divestment to date.

    07 February 2018 17:36
  • Origin, Aegon Invest $71M in Denver

    The 320-unit Advenir at Saddle Rock offers 20 four-bedroom units, a rarity for the area. To improve the 2002-built property, the new owners plan to invest sizable capital.

    07 February 2018 13:08
  • Kennedy Wilson Snags 2 in Salt Lake City for $93M

    The firm is planning on initiating its value-add asset management plan on both properties, Santa Fe in Cottonwood Heights and Creekview in Midvale, investing $5.3 million.

    05 February 2018 16:21
  • 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
  • Hunt Mortgage Secures $2M Refi of Age-Restricted Property

    The 55-plus community in Boise, Idaho, features 57 units. Freddie Mac provided the $1.8 million refinancing with a 30-year amortization schedule.

    02 February 2018 15:08
  • CA Senior Housing Sells for Record $16M

    Parkwood at Polo Grounds has changed hands in a record sale for apartment communities in Indio, Calif. The age-restricted community features 125 units.

    02 February 2018 15:06