Multifamily news in Finance & Investment - Salt Lake City
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Lowe Property Group JV Begins $144M Salt Lake City Project
Located in the Post District downtown, the mixed-use Post House is scheduled for completion in 2023.
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Hampstead Development Lands $28M for Salt Lake City Asset
The 80-unit senior community caters to residents earning 60 percent of the area’s median income.
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KBS Sells 453-Unit Salt Lake City Community
Oakmont Properties acquired the luxury property in the face of economic uncertainty that complicated the deal.
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CBRE Arranges Financing for Salt Lake City-Area Project
The firm's Debt & Structured Finance team secured a $19.3 million loan for the partially affordable development.
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Berkadia Arranges $39M Salt Lake City Construction Loan
Director Jonathan Pratt and Senior Managing Director Christopher Ellis worked with Pacific Coast Capital Partners to provide the three-year financing package.
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Salt Lake City Community Lands $34M Refi
Lake Union Partners' 263-unit Class A multifamily asset delivered in August 2018.
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NorthMarq Arranges $8M Acquisition Loan
The company secured the loan for the acquisition of a 43-unit property located in Park City, Utah.
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KeyBank Arranges $140M Refi for 3 Communities
The multifamily properties totaling 950 units are owned by Keller Investment Properties in Utah and Arizona.
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Utah Development Receives $36M in Financing
JLL arranged the construction loan for a 214-unit community in American Fork, Utah.
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Olympus Property Expands in Salt Lake City
The company acquired a Class A, garden-style property in the Salt Lake City suburb of South Jordan, from Woodbury Corp. Built in 2012, the asset consists of townhomes with attached garages.
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Columbus Pacific Scores $165M for Utah Condo Hotel
The 233-key property in the Park City ski resort will offer full-service vacation residences as well as guestrooms and suites, and is scheduled to debut in winter 2021.
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Next Wave Buys Nevada and Utah Communities
The company has expanded its portfolio with two properties located in Las Vegas and West Valley City, totaling 188 units.
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$124M Salt Lake City Project Starts Construction
A joint venture between The Domain Cos. and Giv Development broke ground on The Exchange, a mixed-use development with 412 residential units and more than 14,000 square feet of retail space.
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Utah Townhome Community Receives $17M Construction Loan
Located in Ogden, with easy access to major employment centers, Moda Vista comprises 79 Class A townhomes. The developer anticipates to begin pre-leasing this fall.
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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.