West

CBRE Facilitates Sale of Denver Communities

Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented the seller and owner of both properties, The Croft and The Oslo.

Trinity Refinances 7 San Francisco Assets

The new loan of more than $200 million retires existing debt from the same lender on the 736-unit Class B portfolio.

TruAmerica, ASB Real Estate Investments Acquire $86M CA Community

The companies purchased Corte Bella Apartments in Fountain Valley from Shea Apartments. The property includes 251 units and is currently 97 percent leased.

Equity Residential Buys Uptown Denver Asset for $135M

HFF worked on behalf of the company to arrange financing and also represented Trammell Crow Residential, the seller of the 372-unit luxury community formerly known as Alexan Uptown.

IPA to Market $21M CA Community

The firm will handle the sale of Villa Capri in Escondido, which includes 98 units and is currently 98 percent occupied.

Strategic Student & Housing Trust Acquires $92M Portland Asset

The 286-unit Courtyard at Mt. Tabor marks the REIT’s fourth acquisition in the senior housing sector since entering the market in February.

CBRE Brokers the Sale of 2 CA Properties

The properties, located in the Inland Empire and Orange County, sold for a total of $10.8 million.

Casa Bellisima

3rd Ave Investments Buys Phoenix-Area Asset for $22M

The 276-unit Casa Bellisima is located in Glendale, a submarket with limited inventory but more affordable rents than the urban core.

Photo courtesy of Yardi Matrix

On the Market: 5 Interesting Listings for the Week of 8/27

This week’s listings include a transit-oriented project in North Hollywood, a newly constructed luxury community in Des Moines and more.

CBRE Brokers $35M Colorado Springs Sale

Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented seller Griffis/Blessing in the transaction involving a 220-unit garden-style community.