West

Scottsdale Apartments Command $105M

ABI Multifamily represented both parties in the transaction for the 330-unit community.

Tower 16 Acquires 2 Inland Empire Communities for $107M

The properties in Moreno Valley, Calif., are set to undergo $10 million in upgrades.

Sacramento: Image by Davel5957/iStockphoto.com

Sacramento Multifamily Report – Summer 2021

California’s capital has been a net winner since the recovery’s first phases.

ESG Investing: When Residents Are the Real Asset

How can social impact strategies boost property performance and improve residents’ quality of life? Comunidad Partners’ Antonio Marquez reveals his company’s approach.

Gemdale Gets $113M Loan for Seattle High-Rise Project

The $196 million South Lake Union development will include 2,260 square feet of ground-floor retail.

Afton Properties Pays $74M for San Diego-Area Asset

Fidelity & Guaranty Life Insurance Co. provided acquisition financing for the Oceanside community.

South Denver Project Gets $45M in Construction Financing

The package includes a construction loan from a local bank and preferred equity through an insurance company.

Blackstone Pays $303M for Seattle Apartments

The global investor’s 432-unit purchase marks the metro’s largest multifamily deal this year.

Rise48 Equity Expands Phoenix Footprint

The company paid nearly $74 million for two multifamily properties located between 6 and 8 miles from the city’s downtown.

Phoenix Affordable Project Lands $29M Freddie Mac Loan

Trinity Housing Development and nonprofit Housing for Hope Arizona Inc. will use the financing to build a 297-unit community.