West
Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
NorthRock JV Acquires Phoenix Community for $55M
Berkadia provided the buyer of the 376-unit multifamily asset with a $39 million, 10-year Fannie Mae acquisition loan.
Compass Health Breaks Ground on $26M Regional Center
The first phase of the Broadway Campus redevelopment project in Everett, Wash., will provide behavioral health care, primary health care and permanent supportive housing services.
NAHB Forecasts Promising 2020 for Development
The positive apartment sector outlook was presented at IBS during Design + Construction Week.
Bascom Arizona Ventures Buys Phoenix Class A Community
The company paid more than $11 million for the 37-unit asset, with Comerica Bank providing acquisition financing.
Steadfast Cos. Acquires Northern Colorado Asset for $29M
The buyer financed the purchase through a Fannie Mae line of credit.
NNC Apartment Ventures Buys Las Vegas Asset for $52M
Berkadia facilitated the transaction with a Freddie Mac loan set to mature in 2030.
Sacramento Multifamily Report – Winter 2020
Tepid development and the Bay Area’s spillover effect continue to push area rents to new heights.
Salt Lake City Multifamily Report – Winter 2020
Boosted by a growing tech scene and overall solid fundamentals, the metro’s rental market is poised for another healthy year.
Top 5 Western Markets for Multifamily Deliveries in 2019
Some 31,100 units came online in the Western Region last year, with January and October leading the way in multifamily completions.