Salt Lake City
Salt Lake City Community Lands $34M Refi
Lake Union Partners’ 263-unit Class A multifamily asset delivered in August 2018.
NorthMarq Arranges $8M Acquisition Loan
The company secured the loan for the acquisition of a 43-unit property located in Park City, Utah.
KeyBank Arranges $140M Refi for 3 Communities
The multifamily properties totaling 950 units are owned by Keller Investment Properties in Utah and Arizona.
Utah Development Receives $36M in Financing
JLL arranged the construction loan for a 214-unit community in American Fork, Utah.
Sun-Powered Utah Community Raises the Bar
When complete in 2020, Soleil Lofts will incorporate the largest solar-powered battery storage network at a multifamily property in the U.S.
Salt Lake City Multifamily Report – Summer 2019
The metro’s multifamily market continues to be strong, supported by job and population gains. Rents increased 3.0 percent year-over-year through May, 50 basis points above the U.S. growth rate.
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.
Columbus Pacific Scores $165M for Utah Condo Hotel
The 233-key property in the Park City ski resort will offer full-service vacation residences as well as guestrooms and suites, and is scheduled to debut in winter 2021.
Taking Advantage of Opportunity Zones: A Lesson From SLC
PEG Cos.’ Matt Hansen reveals details about Utah’s first project built in a designated opportunity zone. He also describes how the 195-unit Paperbox fits in the metro’s strong multifamily market.
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.