West

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.

Avilla Marana on W. Aerie Drive, Tucson, Ariz.

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.