West
ConAm Group Sells Seattle-Area Apartments for $90M
Prudential Financial arranged a Fannie Mae acquisition loan on behalf of the buyer for Avery at the Reserve in Federal Way, Wash.
Gelt Increases Denver-Area Presence with $145M Buy
JLL represented the buyer in its purchase of Kallisto at Bear Creek, located in Lakewood, Colo.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Cooper Street Capital Sells Albuquerque Community
The investor traded the 105-unit multifamily asset after less than 18 months of ownership. The property was almost fully occupied as of December.
Colliers Closes Colorado Springs Value-Add Sale
Bill Morkes and Craig Stack represented the seller of the 200-unit community.
Embrey Partners Sells Denver Property for $145M
The 382-unit community located at the entrance to the city’s West Colfax corridor is scheduled for completion next month.
Waterton Pays $104M for Las Vegas Community
CBRE provided Freddie Mac financing for the acquisition of the 456-unit property.
CBRE Brokers Sale of Inland Empire Community
The 43-unit property located in San Bernardino traded for nearly $5 million.
Sares Regis Expands Arizona Portfolio
The company acquired its latest property in Phoenix as part of its Fund III that targets communities in the West.
Los Angeles Multifamily Report – Fall 2019
As the current economic cycle stretches past most initial expectations, the multifamily market continues to test its limits.