Market Rate Housing - Salt Lake City
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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.
29 January 2019 15:20 -
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.
14 December 2018 11:24 -
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.
29 November 2018 16:57 -
287-Unit Project Breaks Ground in South Salt Lake City
The development will replace four office buildings. Castlewood Development intends to finish work on the new multifamily project early 2020.
16 November 2018 12:42 -
TruAmerica Expands Salt Lake City Footprint with $46M Buy
The 253-unit Country Lake in Silicon Slopes is the company’s fourth community in the metro. The new owner has plans to renovate the 1973-built property.
24 October 2018 14:26 -
Maxx Properties Acquires Salt Lake City Property
The company plans to fully renovate the 361 units and common areas of the 1970s-era Cobble Creek Apartments, which is located 10 miles south of the city’s downtown.
17 August 2018 13:17 -
Top 10 Largest Multifamily Deals in Salt Lake City
A list of the most considerable transactions to have taken place in Utah’s largest city year-to-date, emphasizing strong investor interest in the metro.
07 August 2018 16:15 -
29th Street Capital Buys First SLC-Area Community
The company plans to invest approximately $10,000 per apartment to update Twin Trees Apartments’ 43 units and enhance the property’s exterior.
19 July 2018 11:38 -
Olympus Property Buys SLC Community
Situated in one of Utah’s fastest-growing submarkets, Crossing at Daybreak features a mix one-, two-bedroom and three-bedroom units. The property will be rebranded.
07 March 2018 14:41 -
Kennedy Wilson Snags 2 in Salt Lake City for $93M
The firm is planning on initiating its value-add asset management plan on both properties, Santa Fe in Cottonwood Heights and Creekview in Midvale, investing $5.3 million.
05 February 2018 16:21 -
CBC Brokers Sale of 3 Historic SLC Communities
Multifamily investors continue to show interest and confidence in the area’s apartment market. Strong demand resulted in multiple offers for all three assets.
08 November 2017 16:46 -
South Salt Lake City Property Trades for $67M
On behalf of a private investor, Marcus & Millichap arranged the sale of Lionsgate, a 15-building multifamily property in Murray, Utah. The 400-unit asset is located within minutes of Interstate 15.
12 September 2017 15:51 -
JV to Develop $110M SLC Community
Giv Group and Domain Properties will transform a two-acre parcel into The Exchange, a nine-story development that will include market-rate, affordable and micro units, as well as office and retail space.
04 August 2017 14:37 -
CBC Advisors Completes 2 West Coast Multifamily Sales
The Cove at Overlake in Tooele, Utah, and student housing community The Pines, in Rexburg, Idaho, changed hands in two off-market transactions totaling 204 apartment units.
15 June 2017 16:22 -
Metro Salt Lake City Apartments Sell for $52M
Marcus & Millichap arranged the deal in Utah's capital city, which has seen considerable population growth since 2010.
11 August 2016 11:05