West
Champion Buys Los Angeles Student Housing Asset for $14M
The new owner intends to implement capital improvement programs at the 102-bed property.
Nitya Capital Pays $36M for Las Vegas Community
The recently renovated, 228-unit community last changed hands in 2018 for $24 million.
Inland Empire Multifamily Report – Winter 2020
Boosted by a lack of new stock and steady population gains, rent growth exceeded the national average going into 2020.
Top 5 Seattle Submarkets for Development by Number of Units
Seattle’s top five submarkets by development volume accounted for nearly half of the metro’s pipeline, which was in excess of 22,000 units in March.
IDM Cos. Lands $49M for Phoenix Development
The developer plans to soon begin work on the 458-unit community within the 1,200-acre Algodon Center.
Levin Johnston Brokers Bay Area Value-Add Sale
Adam Levin and Robert Johnston arranged the acquisition of the Berkeley, Calif., property through a 1031 exchange.
Shea Properties Lands $125M for Downtown Denver Tower
JLL Capital Markets arranged the loan for a 359-unit luxury high-rise in the heart of Colorado’s capital.
Equity Residential Sells Bay Area Property for $248M
The sale comes a week after the company sold another community in the area for $91 million.
MG Properties Grows Sacramento Footprint
The company acquired a 270-unit community adjacent to the city of Elk Grove, bringing its local unit count to nearly 1,000.
Suburban Denver Apartments Land $22M Refi
KeyBank Real Estate Capital secured the 10-year, fixed-rate loan on behalf of Maxx Properties.