Market Rate Housing - West
Cities
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Bell Partners Acquires 4th Seattle-Area Asset
The 202-unit apartment community is the initial acquisition made on behalf of Bell Core Fund I.
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Atlas Real Estate, DivcoWest Form $1B SFR Joint Venture
The partnership will acquire and renovate homes throughout the western United States.
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Opportunity Housing Group Buys California Property for $100M
Institutional Property Advisors represented the sellers in the disposition of the 261-unit community in Monrovia, Calif.
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Portland-Area Community Nears Completion
Sunrise Management has been tapped to lease and manage the newly built property in Gresham, Ore.
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Tower 16 Sells 3 Las Vegas Properties for $182M
The firm had acquired the 1,165-unit portfolio in three separate deals.
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Inland Empire Community Commands $88M
MG Properties Group financed the acquisition with a $57.2 million loan originated by CBRE Capital Markets.
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Trammell Crow Residential’s New Boulder Community Gathers Steam
The Alexan Diagonal Crossing master development features affordable and market-rate units.
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CVG Pays $38M for Phoenix Multifamily Property
The new owner previously sold The Enclave at Paradise Valley in 2019 for $24 million.
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Trion Properties, PCCP Acquire 2 Colorado Springs Communities
The portfolio totaling 406 units was purchased for $80 million.
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Southern Land Co. Breaks Ground on $750M Colorado Project
The neighborhood development in Erie will include 1,200 single-family and multifamily homes.
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Catalyst, CalCHA Buy 3 California Properties for $525M
The firms will transition market-rate properties into rent-restricted housing serving the “missing middle” of the housing market.
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Mission Rock Tapped to Manage Oregon Property
Courtyards at Cedar Hills Apartments is located in Beaverton, Ore., 7 miles west of Portland.
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Virtu Investments Buys Colorado Mixed-Use Property for $151M
Reve Boulder is located in a Qualified Opportunity Zone and scheduled for completion in the next several months.
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Panoramic Interests Secures $104M Refi for San Francisco Property
JLL arranged the loan for a micro-unit community in the Western Mission/SOMA neighborhood.
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JLL Arranges $173M in Multifamily Financing
The 14 Fannie Mae loans will be used for acquisitions and refinancings for properties in Idaho, Georgia, Oregon and California.