West

ABI Multifamily Brokers Sale of 110-Unit AZ Asset

A partnership between MJW Investments and Tide Equities plans to rebrand the recently renovated Tempe property, which comprises a total of 97,890 rentable square feet.

Greystone Earmarks $36M for AZ Apartments

Aldea at Estrella Falls, a 328-unit community in Goodyear, a suburb of Phoenix, includes grills, a fitness center and a heated pool.

Security Properties Grows CO Portfolio With 220 Units

The company purchased Willows at Printers Park in Colorado Springs for $41 million and plans to make capital improvements to the property.

ABI Expands Sacramento Team With New VP

With a background in both tech and finance, Tyler Justesen most recently worked as director of marketing at United Capital Investments.

Capital One Secures $49M Loan for SoCal Manufactured Housing

The company structured a $48.8 million Fannie Mae adjustable-rate mortgage on behalf of Kort & Scott Financial Group for Lincoln Center Mobile Home Park, a 305-unit community in Cypress.

Rent Growth Continues in Sacramento

California’s capital city again led the nation in multifamily rent growth in 2017. This year, a surge of 1,100 new apartments is poised to push rates up by a more moderate 7.2 percent.

MWest Holdings to Renovate Historic LA Apartments

The company and GreenOak Real Estate have acquired the 132-unit Santa Fe Lofts, a historic Beaux Arts-style building in the Gallery Row District.

MHN’s Top 5 March Posts

Miss out on any MHN stories? Here are five of our most popular articles for the month.

JEMCOR Breaks Ground on $60M CA Property

The 171-unit Ageno Apartments is part of the larger Vineyard Crossing, a 34.5-acre master-planned community comprising 465 single-family homes, townhomes and apartments.

High Rents Drive Move to Fringes in San Francisco

The city’s booming economy, fueled by its education and health services sector, is upholding a healthy housing demand.