West
HFF Supplies $114M for SF Properties
Mosser Capital’s portfolio includes 455 units and 13 ground-floor retail suites. The properties are located near mass transit and employment centers.
CapitaLand Acquires $835M Portfolio
The properties include 16 communities located within the metropolitan areas of Seattle; Portland, Ore.; Los Angeles; and Denver. This marks the firm’s entrance into the U.S. multifamily market.
CBRE Closes $82M Sale of CO Community
Executive Vice Presidents Dan Woodward and David Potarf, along with Senior Vice President Matthew Barnett, represented Seagate Properties in the disposition of Environs in Westminster.
Riverside Community Gets New Management
UBS Realty Investors, the owner of the 2005-built, 256-unit Inland Empire asset, selected Alliance Residential Co. to oversee property operations.
Greystar, Ivanhoé Cambridge Open CA Mixed-Use Community
Avila, located in Old Pasadena, includes 201 units, 30 of which are designated as affordable. The property offers residents access to a dog park and a heated pool and spa.
Tech CU Funds Luxury San Jose Development
Cypress Group received $20.5 million in financing for the construction of the apartment building located in the Willow Glen neighborhood.
CO Apartment Asset Receives $38M Freddie Mac Loan
Josh Simon and Kristian Lichtenfels of HFF worked on behalf of the borrower, Jeffrey Sanders of Mountain View Capital LLC, to secure financing for the Denver-area property.
Western Wealth Sells 79 Phoenix-Area Units
Scottsdale Haciendas previously traded in 2014, when the current seller shelled out $9.1 million for the value-add asset located close to McDowell Road.
Security Properties Buys $85M Portland Asset
The buyers plan to upgrade common areas and unit interiors at the pet-friendly community, which was 92.8 percent occupied as of July.
KeyBank Originates $31M for Affordable Seattle Properties
Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing units.