West
DB Capital Management Enters Denver Market
Newmark facilitated a $10.5 million loan for the acquisition of the 46-unit community that is set to be renovated and rebranded.
Standard Cos. Pays $31M for Affordable Pasadena Community
The transaction preserves affordability for all 61 units for the next 55 years.
San Diego Multifamily Wrap-Up – October 2020
Kearny Mesa property trades for $107 million. Affordable housing project lands $50 million financing. Catch up with our October selection of San Diego must-reads.
Summit Communities Buys Colorado Asset for $41M
CBRE brokered the sale of the 10-building Highland Way community just north of central Denver.
Thayer Manca Buys Second Tucson Community for $66M
The company plans to invest $4.9 million to rebrand and upgrade the 424-unit property, which was completed in 1985.
Luxury Senior Community Opens in Suburban Phoenix
Ryan Cos., Cadence Living and Starwood Capital Group have completed Scottsdale, Ariz.’s Acoya Scottsdale at Troon.
Kennedy Wilson Buys Portfolio for $198M
The purchase includes three garden-style properties in Colorado and Arizona totaling 880 units.
Newmark Brokers $32M Sale of Boulder Property
Henley & Remy recently underwent complete renovations to 65 of its units and common-area amenities.
Suburban Seattle Apartments Fetch $66M
Seller Main Street Property Group delivered the 139-unit luxury asset in August last year.
Affirmed Housing Opens San Diego Supportive Housing Community
The 86-unit project broke ground in April 2019 as part of the San Diego Housing Commission’s homelessness initiative.