West
TODAY’S DEALS: Waypoint Grabs Waterfront Apartments in Newport Beach
IPA brokers a $25.5 million sale in Newport Beach, Calif.; Lee & Associates arranges a 32-unit asset in Los Angeles; and Berkadia negotiates the financing and sale of a multifamily property in Greater Phoenix.
Enterprise Community Investment Marks 2,000th LIHTC Investment
Cheryl Chow Court, located in the Ballard neighborhood of northwestern Seattle, offers 50 studio and one-bedroom affordable apartments for formerly homeless and low-income seniors in an area undergoing a boost in development of luxury, market-rate apartments.
Serenity Development Kicks Off Phoenix-Area Condo Project
Serenity Development has started work on a 128-unit condo development as part of Serenity at Fulton Ranch.
Greystar to Manage Luxury Washington Community
Invesco has released nine luxury penthouses at The Bravern Signature Residences, two 33-story towers in Bellevue, Wash., managed by Greystar.
Stunning Multifamily and Retail Development Launched in Portland
One of the premiere developments coming to Portland’s rising Close-in eastside submarket is currently underway.
BRIDGE Housing Opens First Los Angeles Property
Set on a 3-1/2-acre site on the north side of the Gardena High School campus, Sage Park Apartments will offer 90 affordable family apartments in a mix of one-, two- and three-bedroom floor plans.
HSL Acquires Arizona’s Tallest Residential Tower
HSL 44 Monroe got its hands on a controlling interest in Arizona’s tallest luxury residential tower through a $50.65 million purchase.
Victory Flats at Elmonica Station on Track
Starting today, the doors will swing open to residents at the newly built Victory Flats at Elmonica Station in Beaverton, Ore.
TODAY’S DEALS: HSL Grabs Arizona’s Tallest Residential Tower
Southern Arizona’s largest apartment acquires the state’s tallest residential tower; Capital Senior Living buys a senior housing asset in Texas; and Hunt Mortgage refinances a 56-unit property for $3.73 million.
Investors Keenly Interested in Colorado Springs Apartments
Denver’s one of the more robust apartment markets in the nation, but a new report by Colorado Springs-based apartment specialist Commonwealth reported that investor interest in secondary-market Colorado apartment properties (such as Colorado Springs) is quite strong as well.