West
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.
ConAm Group Acquires Denver-Area Aparments
The ConAm Group has acquired PeakView Place, a 296-unit apartment property in metro Denver, for an unspecified price.
TODAY’S DEALS: Construction Loan Kicks Off Second Phase of Tacoma Mixed-Use Development
HFF secures construction financing for a Puget Sound project; KeyBank provides a permanent loan for newly built Ohio asset; and ConAm acquires a value-add property within Denver’s largest employment center.
$300M Nevada Apartments Change Hands
A new $300 million joint venture between The Bascom Group and funds managed by Oaktree Capital Management has acquired Villa Serena, a 288-unit apartment property in Henderson, Nev.
Largest SoCal Multifamily Acquisition Since 2013 Complete
Boston-based Intercontinental Real Estate Corporation and San Diego-based MG Properties Group have announced their acquisition of a 768-unit apartment community in Anaheim, the Madison Park Apartments.