West

Developer Lands $9M LIHTC Equity for California Property

Hunt Capital Partners provided funding for the acquisition and rehabilitation of a 163-unit affordable community in Palm Desert.

Greystone Provides $7M Refi for Montana Senior Community

The HUD loan retires a previous acquisition financing, originated by the same lender last March.

Legacy Partners JV Opens Phase I of Denver Community

Located across the street from the Fitzsimons Innovation Community in Aurora, Colo., the property comprises 118 residential units.

Image by MattGush/iStockphoto.com

Orange County Multifamily Report – Spring 2021

After stabilizing in the second half of 2020, the market’s rent growth rate rebounded above the U.S. average.

Denver-Area Self Storage Changes Ownership

Invesco Real Estate and Westport Properties teamed up to acquire a 472-unit facility in Castle Rock, Colo.

Summit Communities Closes $29M Denver Disposition

CBRE represented the seller, and Newmark provided Freddie Mac financing for the buyer.

29th Street Capital Buys Denver-Area Apartments for $134M

The 424-unit property in Aurora marks the firm’s transition from purchasing value-add to higher-quality communities.

ZMR Capital Closes $41M Phoenix Acquisition

The 240-unit community is close to Deer Valley, one of the largest employment corridors in the metro area.

Top California Markets for Multifamily Deliveries

New product accounted for some 10,000 units across the state’s top 10 markets, according to Yardi Matrix data.

Phoenix Community Changes Hands for $18M

The 96-unit garden-style property was nearly fully occupied at the time of the sale.