Deals - West

Canyon Partners Acquires LA-Area Property
The firm has expanded its portfolio with the 153-unit Fountain View Apartments in Long Beach, Calif. MHE Real Estate sold the property for $36.5 million.
Market Rate
Prism Multifamily Buys Las Vegas Portfolio
The four Class A and Class B communities add up to almost 500 units and commanded a price tag of nearly $47 million.
Slideshow
Salt Lake Community Changes Hands
Nitya Capital is the new owner of the 151-unit Class B community in the city’s downtown, after funding the purchase with more than $27 million in acquisition financing.
Market Rate

Cities

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    CBRE Facilitates $47M Transaction in Denver

    David Potarf, Dan Woodward, Matthew Barnett and Jake Young represented seller FPA Multifamily. Velo Apartment Homes encompasses 240 units across 10 mid-rise buildings.

    13 December 2018 14:46

  • Sacramento-Area Community Changes Hands

    MJD Capital Partners paid more than $8 million for the 66-unit, Class C multifamily asset, situated 10 miles northeast of the city’s downtown.

    13 December 2018 13:07

  • HFF Arranges $21M Loan for CO Senior Housing

    The firm secured 10-year, fixed rate financing through Freddie Mac's CME Program for The Avenues Crofton Park, located in Broomfield.

    12 December 2018 16:07

  • Lion Real Estate Exits San Diego

    Woodspear Properties paid more than $23 million for the 84-unit Class B community, while assuming the outstanding balance of a $15 million loan from the seller.

    12 December 2018 14:08

  • North Phoenix Community Commands $32M

    The sale marked the submarket's largest per-unit price over the past 12 months. The previous owner implemented a complete exterior renovation program, including upgrades to the amenity package.

    12 December 2018 11:16

  • Hamilton Zanze Trades ABQ Community

    Thayer Manca Residential acquired the 264-unit Class B community, with Zions Bank providing more than $25 million in acquisition financing.

    11 December 2018 13:48

  • HFO Investment Real Estate Brokers Portland Communities

    MG Properties Group paid $60.5 million for Westview Heights, a 197-unit asset located in the city’s Bethany neighborhood. The 172-unit Binford Garden Townhomes commanded $30.8 million.

    10 December 2018 16:47

  • TA Realty Pays $138M for Orange County Asset

    Seacrest is one of only four properties with more than 100 units in San Clemente, Calif. The asset changed hands with help from CBRE.

    10 December 2018 12:18

  • South OC Community Trades for $93M

    TH Real Estate is the new owner of Avana San Clemente, a 250-unit property. The 17-building asset last traded three years ago.

    10 December 2018 11:10

  • HFF Arranges $41M San Francisco-Area Portfolio Sale

    The properties include Atherton, Brewster Ames, Tivoli Gardens and Lancaster Arms, totaling 201 units. At the time of the sale, the communities averaged a 97 percent occupancy.

    07 December 2018 15:57

  • Tower 16 Acquires 4th Las Vegas Property for $30M

    Along with its joint venture partner, Henley USA, the firm will invest $4 million to upgrade the community. Pinnacle will handle property management services.

    07 December 2018 14:54

  • LA Community Gets $41M Loan

    Panoptic Development's 154-unit community is located in the Canoga Park section of the San Fernando Valley. NorthMarq Capital arranged the construction financing for the property.

    04 December 2018 16:31

  • 845-Unit Phoenix Portfolio Changes Hands

    Greystar has purchased a trio of properties encompassing 845 units in Chandler and Gilbert, two of the metro’s fastest-growing submarkets.

    04 December 2018 14:26

  • Silicon Valley Community Sells for $17M

    A Northern California-based development company sold the property to a private investor. The 32-unit community is situated in Palo Alto, Calif.

    03 December 2018 20:17

  • 29SC Expands Denver Portfolio

    The company acquired the asset for an undisclosed price and plans to invest more than $1.6 million for capital improvements.

    03 December 2018 17:24