West
Seattle Multifamily Report – Winter 2021
Mirroring most expensive coastal markets, rates in the metro continued to drop, clocking in at -6.2 percent year-over-year.
Virtu Investments Buys Colorado Mixed-Use Property for $151M
Reve Boulder is located in a Qualified Opportunity Zone and scheduled for completion in the next several months.
San Diego Multifamily Report – Winter 2021
While both completions and transactions recorded drops last year, rent growth is on the rebound.
Mixed-Use Project Underway in Salt Lake City
Most of Brinshore Development’s downtown community will be designated for affordable housing.
Dwight Capital Provides $30M HUD Loan for Las Vegas Community
The Clark County community is convenient to major roadways and lies 15 miles from downtown Las Vegas.
Portland Multifamily Report – Winter 2021
While the market took a consistent hit last year, Yardi Matrix expects rent growth to turn positive.
Denver Affordable Conversion Gets Financing
The repurposed office building will include 96 apartments for low-income seniors and 14 transitional housing units.
Pacific Development Pays $117M for Phoenix Luxury Asset
Heitman provided the buyer of the 335-unit property with $77 million in acquisition financing.
Los Angeles Multifamily Report – Winter 2021
Like most expensive gateway markets, the metro took a hit last year, with the average rent down 3.0 percent.
Embrey to Start Construction on Phoenix Luxury Community
The firm purchased the future site of The Quincy at Kierland, scheduled for completion in 2023.