West

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San Francisco Multifamily Report – Winter 2021

While the metro’s economy has been improving, rates were still down 9.4 percent year-over-year.

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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.

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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.

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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.

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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.