West
Salt Lake City Multifamily Report – April 2022
Largely unaffected by the issues of the past two years, fundamentals across the Wasatch Front remain strong.
Phoenix-Area Community Commands $96M
Institutional Property Advisors represented the seller and procured the buyer.
Phoenix-Area Community Sells for $75M
CBRE assisted the buyer of the 240-unit property.
SmartStop REIT Buys 590-Unit Phoenix Storage Facility
The sale marks the investor’s fourth acquisition in the market.
Orange County Multifamily Report – April 2022
Going into the second quarter, most fundamentals outperformed national averages.
EverWest Pays $55M for Seattle Apartments
This brings the company’s investment in the area to $113 million in the past 30 days.
Sunroad Enterprises Lands $203M for San Diego Asset
The 442-unit community came online this year.
Trojan Lands $130M Financing for Self Storage Portfolio
Gantry secured the loan for the deal through AIG Insurance Co.
Continuum, Clarion Secure $130M Refi for Denver Property
Located in the LoDo neighborhood, the mixed-use development was completed last year.
SmartStop Buys 860-Unit Sacramento Storage Facility
The property last traded in 2021 for $16.3 million.