West
Salt Lake City to Get Affordable Mixed-Use Project
Columbus Community Center is building a 200,000-square-foot property catering to people with disabilities. Dubbed The Hub of Opportunity, the development will also include commercial and office space.
Related Breaks Ground on SF Property
The 299-unit project, known as 1601 Mariposa, will include 60 affordable apartments and more than 9,400 square feet of street-level retail.
LA-Area Property Commands $66M
HFF brokered the sale of The Andalucia, a 118-unit community located in Pasadena. The asset also features 11 affordable units and 7,500 square feet of retail.
HSL Properties Adds 2 Assets in Tucson
The properties, which include the 144-unit Casas Lindas and the 224-unit Springhill Apartment Homes, were purchased for $37.4 million.
East Bay Community Secures $13M Refi
Walker & Dunlop arranged the loan to retire the previous 10-year, $8.7 million Fannie Mae mortgage for Regency Plaza in Martinez.
Luxury Tower Trades for $131M in Downtown Denver
Northland Investment Corp. purchased the 31-story building as well as a 0.8-acre parcel for future development. The property was 93.4 percent occupied as of June.
Phase 1 of Seattle-Area Senior Housing Debuts
Sustainable Housing for the Ageless Generation and the City of Tukwila, Wash., have opened Tukwila Village, a 193-unit affordable community located within 10 minutes of downtown.
San Diego Community Changes Hands in All-Cash Transaction
Located in the Little Italy neighborhood, the 40-unit luxury community traded for $21.3 million. The asset includes a 2,475-square-foot ground floor retail space.
Hunt Mortgage Provides $11M for Phoenix Community
The loan also includes a $1.6 million future funding commitment designated for capital improvements at the 104-unit Regency Park Apartments.
Sundance Capital Group Buys Phoenix Asset
The 90-unit garden-style community last changed hands in 2016. The new owner intends to bring additional interior and exterior upgrades.