West
Phoenix Multifamily Report – Summer 2021
The metro’s average rent was up 8.1 percent year-over-year through April.
Get Space LLC Lands $16M Loan for Pacific Northwest Portfolio
The two assets, located in Portland and Vancouver, Wash., have a combined 1,257 self storage units.
Ravello Holdings Lands $55M Loan for Los Angeles Affordable Project
Merchants Capital provided the financing for the development of the 118-unit property in Palmdale, Calif.
Investcorp Expands With $420M in Acquisitions
The global investment manager purchased five communities in Arizona, Georgia and Texas.
Rockworth Secures $29M Construction Loan
The Salt Lake City project will include two buildings and feature a ground-floor retail component.
Mill Creek Begins Preleasing at San Diego Community
The 368-unit property represents the first downtown development for the firm.
Phoenix Airport-Area Community Trades for $17M
The buyer financed the 237-unit acquisition with a $16.8 million loan from Keystone Bridge Capital.
Common Tapped to Manage San Diego Community
The property will be the first in the area to provide all-inclusive co-living units.
Sunroad Enterprises Closes $125M Phoenix Buy
The rebranded community traded with the assistance of a LoanCore Capital acquisition financing.











