West
Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
Las Vegas Residential Property Commands $80M
Security Properties acquired the Class A community, adding 379 units to its portfolio.
Cushman & Wakefield Facilitates Sale of Las Vegas Community
The brokerage firm represented the seller, CALCAP Asset Management, in the disposition of a 112-unit property near the Las Vegas Strip.
Heitman Purchases Boulder Community
The global investment firm acquired the 161-unit asset for the reported price of $62.5 million.
Sacramento Multifamily Report – Summer 2019
The metro is now largely a landlord’s market due to limited inventory growth and the Bay Area’s exodus.
How to Prevent Cost Overruns in Multifamily Construction
Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.
Cortland Completes $1.2B Multifamily REIT Acquisition
The all-cash deal includes upward of 7,000 units in the Texas Triangle and Phoenix.
MG Properties Buys Arizona Community for $110M
Everest Holdings sold the 512-unit property in the Chandler submarket, which leads the Phoenix metro area in multifamily absorption.
Bay Area Asset Changes Ownership
New Standard Equities paid $60 million for the 170-unit garden-style community located in Fremont, Calif.
Tucson-Area Community Scores $23M Refi
Greystone provided the Fannie Mae DUS loan for the 240-unit multifamily property located in Oro Valley, Ariz.