West
IPA Brokers $30M Phoenix-Area Transaction
Senior Managing Directors Cliff David and Steve Gebing worked on behalf of both parties involved in the sale of a 265-unit community in Mesa.
Blackstone Buys $159M Las Vegas Portfolio
The deal, one of the metro’s largest this year, included two newly completed Class A communities comprising nearly 700 units.
Palo Alto Housing Breaks Ground on $42M Project
As the Bay Area residential crisis rolls on, the developer will bring 67 much-needed affordable housing units to Redwood City.
Phoenix Realty Group Expands in Colorado
The multifamily investor has ventured north of the Denver area to purchase a 16-building community in the rapidly growing city of Fort Collins.
Pinnacle Brokers Southwest Denver Transaction
Joe Hornstein and Scott Fetter of the Hornstein Fetter apartment group worked on behalf of the sellers, with Jim Knowlton of the Knowlton Lawson team representing the buyers.
Greysteel Appoints New Director to LA Office
Everett Wong will serve the company’s clients throughout Southern California and will oversee institutional, middle market and private client multifamily transactions.
Affordable San Diego Project Breaks Ground
Affirmed Housing has begun work on The Link, a 50,000-square-foot development dedicated to formerly homeless residents. Bank of America provided roughly $48 million for the project.
29th Street Capital Names New SVP
The company has added Kevin Smith to lead its multifamily development activity. He brings 25 years of experience to his new position.
Top 10 Multifamily Completions in the Pacific Northwest
Demand for new residential units in the Pacific Northwest was very strong during the last 12 months, bolstering development especially in the high-end segment.
Low-Income Senior Housing Community Changes Hands in CA
Lee & Associates facilitated the $8.7 million sale. The previous owner recently upgraded Aurora Village—located in an Opportunity Zone—with solar electric and water heating systems.