Luxury Housing - West

  • IPA Arranges $39M Refi for Playa Del Rey Apartments

    The borrower, a repeat client of IPA, received the loan structured with a full 10-year term, interest-only, at a rate of 3.8 percent.

    17 October 2017 13:51
  • Phoenix Luxury Condo Tower Approaches Full Occupancy

    Optima Kierland will welcome its first residents in 2018. The upscale community is situated at the intersection of Scottsdale Road and Kierland Boulevard. Home prices start from $300,000.

    16 October 2017 09:34
  • Denver Luxury Asset Trades for $142M

    Completed in 2015, the 12-story community is situated across the street from Cherry Creek Shopping Mall. BMC Investments sold the asset for roughly $650,000 per unit.

    12 October 2017 12:18
  • Berkshire Group Expands its LA Portfolio

    The company has purchased its third asset in Los Angeles. The property located in the Koreatown neighborhood has been renamed as Berkshire K2LA.

    09 October 2017 13:38
  • HFF Provides $17M Loan for SF Community

    Local Capital Group received the loan for the development of 901 Tennessee, a class A asset in San Francisco’s Dogpatch neighborhood.

    06 October 2017 13:51
  • Dougherty Closes $14M Loan for Minneapolis Asset

    The company worked on behalf of the borrower, Eagan Apartment Associates LLP, to close the 12-year term loan. The community was 98.2 percent occupied as of August.

    05 October 2017 13:35
  • San Jose Mixed-Use Tower Changes Hands

    HFF worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high-rise with 213 units and ground-floor retail space.

    29 September 2017 16:48
  • CA Property Sold for $74M

    The 163-unit mixed-use asset in Monrovia marks Sequoia Equities' second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.

    29 September 2017 14:36
  • Eviva Midtown Trades for Record Price

    Eviva Midtown, a 118-unit certified CalGreen construction, was sold to Sequoia Equities for the highest price per unit ever paid for a multifamily asset in the region.

    28 September 2017 11:10
  • High-End Asset Breaks Ground in LA

    Urban Architecture Lab began work on Variel Apartments, a 277-unit luxury property in Canoga Park’s Warner Center. The project will be completed in the fall of 2019.

    26 September 2017 15:36
  • Southern Land Opens First Denver Community

    The 302-unit luxury property is located a few miles northwest of downtown Denver, in close proximity to the Denver International Airport. Centric LoHi also offers approximately 9,300 square feet of retail space.

    22 September 2017 21:33
  • CIM Group Reaches Construction Milestone in DTLA

    888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.

    19 September 2017 14:26
  • Bellevue Breaks Decade-Long Hiatus with Ground Breaking

    Vancouver-based Bosa Development's One88 is a 21-story tower with 143 luxury units. Bosa spent a considerable amount of time developing a special product for the market.

    18 September 2017 16:13
  • JV Sells Downtown Santa Monica Mixed-Use Asset

    The Marcus & Millichap division represented Century West Partners and BlackRock Realty Advisors Inc., and also procured the buyer. Chelsea Santa Monica includes 53 units and almost 6,000 square feet of retail space.

    15 September 2017 09:09
  • Johnston Properties Adds New Development in Phoenix

    The owner of Agritopia and Barnone, two developments in Gilbert, Ariz., entered a joint venture with IPA/Liv Communities to develop its third community in the area. The project is slated to break ground this fall.

    14 September 2017 08:25