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Denver-Area Vintage Assets Sell for Record Price

Transwestern’s Senior Vice President Tom Wanberg and Vice President John Blackshire represented the seller in the $9.5 million deal involving two Brighton, Colo.-communities.

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CBRE Brokers $42M AZ Apartment Community Sale

Sonoma Ridge encompasses 240 units. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch from CBRE’s Phoenix office represented the seller in the transaction.

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On the Market: 5 Interesting Listings for the Week of 6/18

This week's listings include an affordable community in Baton Rouge, La., and a Washington, D.C.-area property that recently received capital improvements.

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Regions

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Cushman & Wakefield Brokers Sale of 680-Unit MO Community

Mike Hanrahan and Bobby Mills of the St. Louis office and Mike Kemether of the company’s Atlanta office represented the seller, Priderock Capital Partners, in the transaction.
St Louis 22 June 2018 13:12
GMC Properties Lands Refi for 477-Unit Tampa-Area Asset

Berkadia provided nearly $30 million in Fannie Mae financing to retire a prior CMBS loan on the St. Petersburg property.
Tampa 22 June 2018 07:08
PCCP, Insight Property Acquire $132M VA Community

Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.
Washington Dc 21 June 2018 19:49
HHHunt Begins Construction on $43M NC Community

Located in Garner, Abberly Solaire will offer 282 units and access to a coffee bar, a dog park and a pool with in-water seating.
Raleigh Durham 21 June 2018 16:55
OC Value-Add Community Changes Hands

Sleepy Hollow Apartments is a 25-unit infill property located in Anaheim Hills, Calif. The Bascom Group purchased the asset for $7.5 million.
Orange County 20 June 2018 16:00
Combined Properties Snags VA Asset for $41M

Reston Glade includes 200 units and has a 96 percent occupancy rate.
Washington Dc 20 June 2018 15:48
Top 10 Largest Multifamily Conversions in the Pacific Northwest

The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.
Seattle 20 June 2018 14:35