West
Citymark, InterCapital Go Shopping in Vegas
The two companies purchased Vintage Pointe, a 368-unit apartment community in Vegas’ Michael Way neighborhood, for $49.2 million.
Skanska Wins $170M CA Contract
The firm is slated to erect two San Francisco communities containing nearly 600 units, which will serve the students of the University of California.
Integrity Working on Affordable Housing in Ventura
Riverside Apartments will feature 23 units and will incorporate sustainable construction best practices. The project is being developed in partnership with MW Development.
IEC Buys OC Community for $134M
The acquisition of the 400-unit, value-add multifamily community was on behalf of IEC Institutional Fund III LP, a fully discretionary, $200 million commingled fund.
TruAmerica, Blackstone Buy 2 for $127M
The joint venture has acquired two garden-style communities: the 319-unit Montair in suburban Denver and the 316-unit Walden Pond in suburban Seattle.
Avesta Enters AZ Market With $58M Acquisition
Coronado Crossing is well situated along the Price Corridor, one of Chandler’s fastest-growing areas. The company plans an extensive renovation of the property.
Jevan Buys Phoenix Community for $15M
Jevan Capital now owns 18 properties across multiple metros, seven of which are in Phoenix. La Mirada will be rebranded and completely renovated.
KTGY Plans CA Student Housing
A Chapman University project, including a 402-bed student housing development, has been approved by the city of Orange.
Hamilton Zanze Nabs CO Community
The apartment community, containing more than 300,000 square feet across 364 units, sits near Interstate 25 on the north end of Colorado Springs.
CBRE Arranges Portland Community Sale
Graham Taylor represented the seller, Kehoe Northwest Properties, in the $25.5 million transaction. The buyer plans to invest $1 million for common amenities upgrades.