Finance & Investment - West
Cities
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Orange County Development Commands $101M
The Santa Ana community is a transit-oriented project about 9 miles from Disneyland that is still under construction by LaTerra Development.
14 June 2019 14:12 -
Interwest Acquires Vegas Property for $21M
Interwest Capital Group financed the acquisition of the 100-unit Class A asset with a $12.6 million Freddie Mac loan, and RSE Capital Partners provided preferred equity.
13 June 2019 13:38 -
Seattle Property Lands $52M in Financing
CBRE originated the 10-year mortgage through Freddie Mac, less than a month after a joint venture purchased the 344-unit multifamily asset for $83.2 million.
12 June 2019 14:02 -
Phoenix Community Sells for $20M
Sterling Real Estate Partners more than doubled its footprint with the purchase of the 301-unit property. The Bancorp Bank provided acquisition financing.
12 June 2019 13:59 -
TruAmerica Buys $152M Las Vegas Property in Record Deal
The acquisition of Allanza at the Lakes represents the highest price paid for a single multifamily asset in Nevada history.
12 June 2019 13:32 -
AZ Community Trades for $74M
MG Properties Group used a $49.3 million Fannie Mae loan to finance the acquisition of the 379-unit garden-style property located in Tempe.
12 June 2019 13:10 -
CDT, Southport Financial Services Pay $37M for Central CA Portfolio
Located in tight rental markets in Central Valley, the five affordable housing properties will be preserved for residents at 50 to 60 percent of area median rent/income through 2050.
07 June 2019 17:14 -
Berkadia Wraps Las Vegas, DC Metro Deals Worth $92M
The company arranged a $63.2 million refinancing for a 340-unit community in Falls Church, Va., and completed the sales of two multifamily properties totaling 331 units in Nevada.
07 June 2019 13:19 -
Glendale Apartment Portfolio Commands $79M
Raintree Partners has purchased seven multifamily properties and added 231 units to its growing portfolio of smaller multifamily properties in urban California locations.
06 June 2019 14:25 -
Phoenix-Area Community Trades for $34M
Virtú Investments sold La Costa at Dobson Ranch, a 194-unit community in Mesa, Ariz. The new owner financed the acquisition through a $22.2 million Freddie Mac loan.
05 June 2019 17:07 -
Standard Communities to Renovate 128 Affordable Units in the Bay Area
The company acquired Parkside Villa Apartments and Rockwell Manor Apartments in Fairfield, Calif., and intends to invest $7 million in upgrades at both properties.
04 June 2019 16:51 -
Colorado Portfolio Sells for $207M
Inland Private Capital Corp. sold the three properties totaling 855 units on behalf of an IRS Section 1031 investment program, bringing liquidity to more than 240 investors.
04 June 2019 13:36 -
Bentall Kennedy Buys $110M Denver Community
The company acquired the LEED Gold-certified, 338-unit asset on behalf of its U.S. core fund, as the city's economic growth drives a robust multifamily market.
04 June 2019 10:55 -
Los Angeles Community Gets $121M Financing
The 566-unit property is owned by GHP and is the third phase of Orsini, a 1,072-unit community built between 2003 and 2010.
31 May 2019 12:44 -
Baron Properties Sells Phoenix Asset for $9M
The company had owned the 68-unit community in Christown since 2016, when it acquired it for almost half the current price.
30 May 2019 17:22