West
Security Properties Snags $81M OR Community
In a joint venture with Cigna Investment Management, the company purchased Arbor Heights, a 348-unit Class A garden-style community. This purchase marks the partners’ fourth acquisition.
CO Asset Commands $96M
Oak Coast Properties has acquired Aurora Hills Apartments, a 47-building, 300-unit apartment community in Aurora. This represents the company’s seventh acquisition in the Denver metro.
SoCal Investor Snaps Up Value-Add Phoenix Apartments
MIG Real Estate has acquired the 1999-built Bayside Apartments, a 176-unit community that includes 22 two-story buildings.
AZ, NC Senior Housing Lands $50M
Greystone arranged the construction financing for the assets, which will comprise a total of 386 units.
Tucson Communities Trade for $45M
The two apartment communities are adjacent to each other, on West Aerie Drive, near Interstate 10. The immediate area boasts a plethora of shopping and dining options.
Q East Development in CA Secures $60M
George Smith Partners arranged the loan on behalf of California Home Builders for the construction of a mixed-use project including 241 units and 34,139 square feet of commercial space.
ABI Brokers $3M Phoenix Sale
Wilshire Place underwent full renovations prior to the transaction, which included interior and exterior improvements. The community is situated near public transportation and schools.
Silicon Valley Senior Housing Trades Hands
Previously owned by Capitol Seniors Housing, the 97-unit Fremont Hills provides 76 assisted-living units and 21 memory-care units.
MGPG Buys 456-Unit San Diego-Area Community
Waterleaf is a low-density garden-style property featuring one- and two-bedroom apartment units. CBRE secured a $76 million Fannie Mae acquisition loan.
PGIM Finances 267-Unit CO Community
Vistas at Jackson Creek is located between Denver and Colorado Springs. According to Yardi Matrix, the community was 98.9 percent occupied as of October.