Salt Lake City
Salt Lake City-Area Storage Trades
Garn Development sold the property, which came online in 2019.
Top 5 Western Markets by Multifamily Investment Volume
Sales in these metropolitan areas surpassed $21 billion through September, outperforming the same period last year, according to Yardi Matrix data.
Cantor Fitzgerald, Silverstein Close $176M Construction Loan
Upon completion, this Salt Lake City tower will be the tallest building in Utah.
Kennedy Wilson Sells Suburban SLC Senior Housing Community
The Ivy at Draper changed hands after four years. In 2018, the now-seller paid $51.4 million for the 277-unit asset.
Keller Investments Acquires Salt Lake City Community
Institutional Property Advisors coordinated financing for the purchase.
DB Capital Expands Salt Lake City Portfolio
This acquisition marks the firm’s fifth community in the market in the past two years.
Storage Corner Scores Financing for 2 Utah Assets
Working on behalf of the borrower, Gantry secured the 7-year, fixed-rate loan.
Hines to Transform Salt Lake City Office Tower to Multifamily
The 217,000-square-foot property will be redeveloped into 255 apartments.
Cadre, BlackRock Buy Salt Lake City Community
The two firms worked with Ethos Real Estate to close on the acquisition of Harvest at Marmalade Apartments.
Salt Lake City Multifamily Report – April 2022
Largely unaffected by the issues of the past two years, fundamentals across the Wasatch Front remain strong.