West
JV Sells Las Vegas Community for $79M
Tower 16 Capital Partners and Henley Investments acquired the 512-unit property in mid-2018 and invested more than $4 million into capital improvements.
Gelt Sells Los Angeles County Community for $63M
The company is eyeing $300 million in multifamily purchases throughout the West this year.
Bell Partners Expands Seattle-Area Holdings
The 222-unit property in Redmond, Wash., has been rebranded to Bell Marymoor Park.
Mission Rock Residential to Manage New Denver Community
Located within walking distance of the Evans light rail station, the property traded in December for $70 million.
Recently Built Uptown Phoenix Community Changes Hands for $61M
Weidner Investment Services purchased the building using a $39.7 million acquisition loan from MUFG Bank.
Cortland Pays $37M for Colorado Community
The developer of the 149-unit, Class A multifamily asset traded the property upon completion.
Southwest Las Vegas Community Sells for $105M
NorthMarq Capital provided acquisition financing through Freddie Mac to the buyer of the 376-unit property.
Mosaic Finances California Student Housing
A $68.8 million construction loan will pay for the construction of an 885-bed student housing facility serving the University of California-Merced.
Draper and Kramer Expands Chicago Footprint
The firm acquired a property in the River North neighborhood through a 1031 exchange.
Nelson Partners Sells Denver Student Lofts
Auraria Student Lofts occupies 15 stories in a tower that also includes a boutique hotel.