West
Las Vegas Multifamily Report – Summer 2020
With nearly one-third of the workforce unemployed, the metro’s rental market is looking at an uphill battle in coming quarters.
Wood Residential Services to Manage Phoenix Community
The Statesman Group has tapped the company to run operations at Montreux, a new 335-unit property.
Dwight Capital Closes on $40M Las Vegas Loan
The HUD financing features competitive terms at a time when many lenders are struggling.
RISE Properties JV Pays $67M for Seattle Community
The buyer of the 185-unit multifamily asset assumed a $35 million loan which Cigna had originated in 2017.
MedCore JV Buys 7-Property Senior Housing Portfolio
The independent living, assisted living and memory care facilities total 582 units across Washington and California.
Seattle Passive House Project Earns Landmark Certification
Pax Futura consumes up to 80 percent less energy compared with conventionally built projects.
Pennybacker Capital Spends $42M in Phoenix
JLL provided nearly $32 million in acquisition financing for the 302-unit property through Freddie Mac.
CBRE Arranges $24M Colorado Affordable Asset Refi
Working on behalf of the borrower, Brady O’Donnell and Jill Haug structured the Fannie Mae financing for the property located in Vail.
Cowboy Partners Sells New Salt Lake City Community
The partially affordable 95-unit property close to Sugar House came online last year.
Housing Diversity Corp. Brings Micro-Housing to Hollywood
The developer has broken ground on an affordable housing project located within an Opportunity Zone.