Multifamily news in Market Rate Housing - Salt Lake City
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HiCap Enters Utah Market With Salt Lake City Buy
CBRE Capital Markets provided financing for the acquisition of the 88-unit community.
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Cowboy Partners Sells New Salt Lake City Community
The partially affordable 95-unit property close to Sugar House came online last year.
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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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Orion Enters Utah Market With Provo Purchase
The company intends to invest more than $1 million in upgrades at the 115-unit community in Provo.
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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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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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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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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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Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
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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.
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Investcorp Acquires $311M Multifamily Portfolio
The properties, totaling 2,876 units, include three communities in Houston, two in Tampa, Fla., and one in Salt Lake City.