West
Campus Advantage Adds New VP
Lindsay Brown has more than 14 years of marketing and leasing experience in the student housing industry. Previously, she worked at Asset Campus Housing for nine years.
American Campus Nabs $561M Student Housing Portfolio
The seven-property portfolio includes two existing communities, two communities slated to open this fall and three projects scheduled for delivery in Fall 2018.
San Jose Mixed-Use Tower Changes Hands
HFF worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high-rise with 213 units and ground-floor retail space.
CA Property Sold for $74M
The 163-unit mixed-use asset in Monrovia marks Sequoia Equities’ second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.
Sunrise Management Recruits New VP
A 15-year industry veteran, Danielle Munoz will focus on property management for the company’s Southern California portfolio.
Investcorp Procures $350M Portfolio
Consistent with the company’s strategy of investing in the South and Southwest, the six properties are located in Phoenix, Orlando and Jacksonville, Fla., and offer a combined 2,800 units.
High-End Asset Breaks Ground in LA
Urban Architecture Lab began work on Variel Apartments, a 277-unit luxury property in Canoga Park’s Warner Center. The project will be completed in the fall of 2019.
HFF Arranges Financing for Denver Property
Located in Colorado Springs, Peak 4420 received a 10-year, fixed-rate loan. The 209-unit community had an occupancy rate of 99.5 percent as of August.
Denver Workforce Housing Commands $53M
Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.
Southern Land Opens First Denver Community
The 302-unit luxury property is located a few miles northwest of downtown Denver, in close proximity to the Denver International Airport. Centric LoHi also offers approximately 9,300 square feet of retail space.