West
Owner-Occupied Senior Cooperative Rising in Colorado Springs
Real Estate Equities Development’s Village Cooperative of Briargate includes raised gardening beds, a reading room and underground heated parking.
Transit-Oriented Condos Coming to Seattle
The 204-unit Koda Condominiums will be in the International District, near several train and metro stations. The project is scheduled to break ground this fall and be complete by July 2020.
Berkadia Completes $31M Vegas Sale
Sundance Bay acquired Desert Ridge Apartments, which includes 304 units and a dog park, a racquetball court and a playground.
JV Scores ’80s-Vintage Phoenix Apartments for $27M
L5 Investments, MLA Properties and BH Equities picked up the 360-unit Cielo Apartments and plan to invest $4.2 million in capital improvements.
Fundamentals Flourish in LA
Increased investor interest in the metro’s multifamily assets is driving property values to new highs, while keeping acquisition yields at nationwide lows.
Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.
Greystone Provides $29M for Sacramento Acquisition
Carmel Pointe is a 332-unit garden-style community that includes a dog park, spa and five laundry rooms.
Are ADUs the Answer to San Francisco’s Affordable Housing Crisis?
While the Bay Area is often referred to as the heart of unaffordability, San Francisco has been working to provide more cost-effective housing by making the planning, permitting and building processes for accessory dwelling units easier.
Canadian Investor Acquires Phoenix-Area Property
Western Wealth Capital secured the 256-unit Greentree Place in Chandler from GP Chandler Investco. The community includes a pool, a playground and a tennis court.
Palo Alto Community Changes Hands
Levin Johnston has brokered the sale of the property on behalf of the seller, an international owner and represented the buyer, a local investor.