West

Aegis Living Opens Seattle Senior Housing Asset

Construction on the 89-unit, Ankrom Moisan-designed community began in late 2017. The owner plans to complete an additional five developments by 2022.

Google Invests $50M in Silicon Valley Fund

The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.

Salt lake City Matrix Report Photo by f11photo iStockphoto.com

Salt Lake City Multifamily Report – Summer 2019

The metro’s multifamily market continues to be strong, supported by job and population gains. Rents increased 3.0 percent year-over-year through May, 50 basis points above the U.S. growth rate.

Fore Property Opens 5th Portland Community

The five-story building is located in Portland’s historic Mississippi neighborhood, close to major employers including Adidas, Nike, Intel and Oregon Health & Sciences University.

LMC Adds 240 Units to Denver Portfolio

The mixed-use property includes 5,200 square feet of ground-floor retail space in the RiNo neighborhood and provides access to Denver’s Central Business District.

Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio

The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.

Roxborough Group, SB Real Estate Expand in West Phoenix

The rebranded community is situated near the upcoming $1.7 billion extension of Loop 202. The new owners plan to fully renovate the property.

Greystar Breaks Ground on First-Ever Portland Project

The multifamily giant is building its first ground-up development, a 182-unit rental community in the Goose Hollow neighborhood of the city.

Olympus Property Expands in Salt Lake City

The company acquired a Class A, garden-style property in the Salt Lake City suburb of South Jordan, from Woodbury Corp. Built in 2012, the asset consists of townhomes with attached garages.

Phoenix Senior Housing Asset Trades for $27M

Chicago Pacific Founders acquired the 101-unit community, which offers three different levels of care and is located near several health-care providers.