West
CBRE Acquires $51M Denver Asset
The Class A property is located adjacent to 500,000-square-foot retail redevelopment Gardens on Havana and is in close proximity to downtown Denver and Denver Tech Center.
SENTRE Bags $13M for San Diego Community
CVG Properties Inc. acquired Carlton Heights Villas, a 70-unit apartment community in the neighborhood of Santee. The property had an occupancy rate of 98.6 percent as of last month, following a major makeover.
Walker & Dunlop Secures $52M in Financing in CA
The firm arranged the 10-year Freddie Mac Green Up loan for a 565-unit community located in the Arden Arcade neighborhood, on behalf of the new owner, OpenPath Investments.
Sunset Boulevard Condos Secure $21M Loan
A joint venture obtained the financing for a new-construction condo project in the Silver Lake neighborhood of Los Angeles.
Clayton Nash Takes Over Phoenix Firm
Through the absorption of Uptown Realty, the company will transfer all agents as well as its office location in the Atlanta Biltmore. The company also revealed plans to hire up to 1,200 agents and add several more branch locations this year.
Affirmed Unveils San Diego Affordable Housing
The 62-unit community designed by Carrier Johnson + Culture is an eco-friendly project that will serve homeless individuals with special needs.
JV to Develop Environmentally Conscious Berkeley Apartments
The sole multifamily property near the UC campus to feature rooftop solar panels, the 84-unit community will also feature 67 parking spaces for bikes and 68 spaces for cars.
Strong Development Softens Demand in Portland
Anchored by a diversifying economy and fueled by an expanding population, the city’s multifamily market remains strong despite its recent slowing rent growth.
JLL-Backed REIT Pays $75M in Portland
The company has acquired Jory Trail at the Grove, a 324-unit apartment community in Wilsonville. The property is currently 95 percent leased.
Security Properties Acquires 2 Portland Assets
Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.