West
RED Mortgage Welcomes New President
Trent Brooksbrings more than three decades of executive leadership experience in the multifamily industry.
RedHill Realty Acquires Phoenix Asset for $25M
The company plans to continue the renovation process initiated by the previous owner, Stratford Partners, which was represented in the transaction by Institutional Property Advisors.
HFF Brokers AZ Senior Community Sale
The Heritage Tradition is a 330-unit senior housing community, located 24 miles northwest of downtown Phoenix, in Sun City West, Ariz.
CA Luxury Asset Lands $32M
HFF arranged the 10-year, floating-rate Freddie Mac loan for Chelsea Santa Monica on behalf of Kort & Scott Financial Group.
KWK Architects, alm2s Design 700-Bed CO Community
Slated for completion in 2019, the $96.7 million residence hall will house more than 3,500 students at the University of Colorado Boulder.
Greysteel Markets CA Affordable Community
The company will market a 60-unit community in Mendota, Calif. The property has 100 percent of the units covered by a Section 8 Housing Assistance Payment contract that expires in 2025.
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.