West
ConAm Asset Management Buys North Phoenix Apartments for $60M
The 225-unit community netted $266,600 per unit.
Berkadia Arranges $28M Sale of Arizona Community
The 254-unit property was acquired by FW Group from seller Prime Residential.
Walker & Dunlop Taps New Senior VP for Multifamily Division
Levi Brooker has assisted in financing over $1 billion of multifamily transactions.
Griffis/Blessing Pays $33M for Glenbrook Apartments
The new owner plans to invest in improvements at the 252-unit, garden-style community.
Greysteel Adds New Sales Director to LA Team
Pettibone is charged with arranging sales and financing for private client and middle-market multifamily properties in several submarkets of Los Angeles.
New Affordable Housing Project in the Works in Denver
Koelbel and Trailbreak Partners have unveiled their plans for Sloans Block 3, a community combining affordable and market-rate units in West Colfax.
Van Nuys Apartments Trade for Record $33M
That price reflects a price per unit of $336,735, a record for the Van Nuys area—a neighborhood in the San Fernando Valley region of Los Angeles.
TruAmerica, Investcorp JV Executes 5th Acquisition
The investment managers purchased the L.A.-adjacent, 552-unit apartment community for $92 million, their fifth and largest joint venture transaction in two years.
24-Acre Live/Work/Play Campus Coming to SoCal
The community will consist of 660 luxury residences, 255,000 square feet of creative office space and numerous dining and retail options.
Product Spotlight: Tesla’s Solar Roof
Tesla’s new solar roof is composed of tiles whose photovoltaic components are invisible from afar.