West
ABI Brokers Sale of 2 Phoenix Communities
The company has arranged the disposition of the 51-unit New Horizons Apartments and the 27-unit Country Club Apartments.
TX Developer Starts Work on CA Student Housing
Fountain Residential Partners broke ground on the 174-bed Campus Walk community in Chico, Calif. The property will serve the students of California State University-Chico and Butte College.
Denver Gateway Park Apartments Changes Hands
Gateway Park Apartments consists of 328 units ranging in size from 705 to 1,177 square feet. The property is situated near downtown Denver and Denver International Airport.
SALT Cooks Up Luxury Living
The company has completed a $100 million community in downtown Salt Lake City. Greystar is managing the 493-unit property, which features a sports club, heated spas and a yoga and spin room.
JLL Arranges 430-Unit Vegas Sale
Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.
PB Bell, Gilbane Start Work on Phoenix Project
The joint venture broke ground on resort-style apartments in the Ocotillo master-planned community in Chandler, Ariz. Arista at Ocotillo will feature 211 units and reflects the Santa Barbara style of design.
Seattle Mixed-Use Project Lands $80M Refi
The more than 183,000-square-foot development comprises a 158-key hotel and a 93-unit community. Proceeds are being used to pay off the existing construction loan.
TruAmerica JV Acquires $90M San Diego Community
The 519-unit Eagles Point in Escondido, Calif., comprises studio, one- and two-bedroom floorplans ranging from 440 to 995 square feet. The community will undergo TruAmerica’s largest renovation plan in company history.
RD Olson Breaks Ground on 4th Affordable Community
The general contracting firm is building a 55-unit affordable housing asset in Fullerton, Calif. IDS Group serves as the architect and Related California is the developer.
Continental Partners Secures $19M for L.A. Assets
The capital will finance development, refinancing and acquisition of properties in the Westlake and East Hollywood neighborhoods.