West
Top 10 Phoenix Apartment Owners
The area’s population and employment growth have strengthened demand, while supply has maintained the apartment market at high occupancy levels. The market’s robust performance also spurred new waves of investment across the metro.
Yesler Terrace—Soon to Be Seattle’s Densest Neighborhood
Yesler Terrace is a 30-acre development that Seattle Housing Authority (SHA) built in the 1940s as the city’s inaugural subsidized housing community. Stephanie Van Dyke, director of development at SHA, spoke with MHN about the site’s future as a mixed-use global neighborhood.
KTGY-Designed Fremont Senior Community Breaks Ground
A partnership between Eden Housing and the City of Fremont is developing the property on the corner of Warren Avenue and Mission Falls Court. The community will feature 90 one- and two-bedroom units.
Affordable Bay Area Project Breaks Ground
KTGY Architecture + Planning and EAH Housing have begun the construction of Estrella Vista, a $64 million, 86-unit, mixed-use development in Emeryville, Calif.
Phoenix Luxury Condo Tower Approaches Full Occupancy
Optima Kierland will welcome its first residents in 2018. The upscale community is situated at the intersection of Scottsdale Road and Kierland Boulevard. Home prices start from $300,000.
Denver-Area Community Nets $11M Loan
Constructed in 1968 and renovated in 2016, the property is centrally located in Boulder, near the University of Colorado campus and other large employers.
MG Properties Acquires $58M Vegas Community
The company purchased the 432-unit Bristol at Sunset from Kennedy Wilson. CBRE arranged a $39.4 million acquisition loan through Fannie Mae on behalf of MG Properties Group.
CA Treasurer, Governor Hopeful Doubles Down on Housing Affordability
California State Treasurer John Chiang is a man with a mission, and that mission is affordable housing. He offers details in a candid interview with MHN.
Denver Luxury Asset Trades for $142M
Completed in 2015, the 12-story community is situated across the street from Cherry Creek Shopping Mall. BMC Investments sold the asset for roughly $650,000 per unit.
Terra Closes $23M Preferred Equity for Seattle Property
Bristol I is situated within the waterfront community of Southport, a new mixed-use village with 188 units and 730,000 square feet of Class A office space.