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.