West
TruAmerica Buys $91M CA Community
Pacific Shores, a 264-unit property in Huntington Beach, will receive renovations to the pool and spa area, dog park and fitness center.
IPA Arranges Record-Breaking Sale of CA Community
The 192-unit Via Ventura changed hands for $74 million, the highest price per unit for a multifamily property in Ventura, Calif.
Phoenix Asset Commands $90M
Western Wealth Capital has acquired Carlyle at South Mountain, a 360-unit and 192-townhome asset. The transaction represents the company’s largest deal to date.
Affordable Housing Coming to Portland
The 88,000-square-foot project will include 203 units and nearly 30,000 square feet of ground-floor retail space. The Oregon community is slated to open in 2019.
Hunt Provides $19M for Tucson Property
About 65 percent of residents living at The Ledges at West Campus are students. The community, which provides immediate access to three college campuses, is set to undergo further upgrades.
JV Acquires $200M AZ Development
Optima and Principal Real Estate Investors have procured phases I and II of Optima Sonoran Village Scottsdale. The partnership plans to develop phase III, which will feature a seven-story tower offering 176 apartment homes.
Inland Buys Suburban Denver Apartments
Ashford East 88, a 322-unit property in Thornton, Colo., includes an indoor/outdoor swimming pool, a dog park and a playground.
Levin Johnston Brokers Sale of 2-Property Portfolio
Belview Heights and Casa Belview in Belmont, Calif., traded for approximately $27 million. The firm represented both parties in the transaction.
Morgan Develops Orange County Apartments
Pearl La Floresta, a 204-unit apartment community in Brea, Calif., includes a rooftop sky lounge, a 24-hour cyber café, a resort-style swimming pool, and barbecue grills.
Robson Opens AZ Luxury Community
Noria, a 237-unit property in Chandler that will open in March, includes a resort-style swimming pool and a whirlpool spa.