West

Vegas Senior Living Community Trades for $19M

CBRE provided the buyer, ConAm Group, with acquisition financing for the purchase of the 113-unit, Class B asset located in Henderson.

JV Buys $365M Community in LA

The 350-unit property in the Westwood neighborhood also features 50,000 square feet of retail space. The acquisition was financed by a $160 million loan.

Smart Tech is the Smart Choice for Multifamily

Industry experts from Pinnacle Property Management Services, BH Management Services and Yardi Systems discuss how the Internet of Things is changing the industry.

Changes to HUD’s REAC Scoring System

At the National Apartment Association’s Apartmentalize conference in Denver, panelists discussed key federal legislative regulatory issues impacting affordable housing. 

Preparing for the Next Generation: A Look at Gen Z

Generation Z is about to flood the apartment market, so it’s important to be aware of its general attributes and preferences, explained Kate Good on a panel at NAA’s Apartmentalize in Denver.

Oakland Community Trades in All-Cash Sale

NAI Northern California represented the seller and secured the buyer in the 1031 transaction of the 44-unit Vermont Apartments located near Interstate 580.

The Praedium Group Acquires Phoenix-Area Property for $74M

Completed last year, the 306-unit Town Commons is located within the Gilbert Town Square mixed-use shopping center and is within walking distance of several retail and entertainment options.

3D Investments Sells Las Vegas Apartments

The buyer of the 180-unit Class C multifamily asset financed the deal with a nearly $14 million Freddie Mac acquisition loan.

CIM Group Completes 2 LA Communities

CIM Group has finished the development of a 50-unit development in Silver Lake near East Hollywood. The firm also delivered Elevate, the second phase of a three-phase development in West Los Angeles.

Las Vegas Metro Report Photo by jezdiceki Stockphoto.com

Las Vegas Multifamily Report – Summer 2019

The metro’s affordability advantage, particularly compared to coastal California markets, adds to Las Vegas’ economic gains.