West
Condo Prices Balloon in Seattle, LA, SF
Condominium prices increased in downtown Los Angeles, San Francisco and especially downtown Seattle in March 2014 over the previous year, according to Condominium Pricing Indexes released recently by The Mark Co. for each market.
Second Phase Complete at L+M’s Candlestick Heights Community in SF
L+M Development Partners celebrated the completion of the second phase of construction this month at the company’s first California community, Candlestick Heights, in San Francisco.
TODAY’S DEALS: NorthMarq Negotiates $118M Refinancing for Transit-Oriented Apts. on Behalf of Prometheus
NorthMarq Capital’s San Francisco-based regional office announces the refinancing for of two adjacent downtown properties located in Mountain View, Calif.; and Bernard Financial originates a $5.2 million loan.
TruAmerica Multifamily Makes First Denver-area Acquisition
TruAmerica Multifamily has announced that in partnership with two other companies, DVO Real Estate and RCG Longview, it has purchased Tamarac Village Apartments, its first acquisition in the Denver metro area.
IPA Plans Another Phoenix Seniors Housing Development
Investment Property Associates and Retirement Community Specialists have partnered to develop a seniors property in the Ahwatukee neighborhood of Phoenix, near the southwest corner of Chandler Blvd.
Peak Campus Development Constructing Student Housing Near Arizona State U
Peak Campus Development is developing a 213-unit, 600-bed student apartment community in Tempe, Ariz., close by the Arizona State main campus.
CoreLogic Expands Tenant Screening Services
CoreLogic, a global property information, analytics and data-enabled services provider, today announced the expansion of its tenant screening services to deliver enhanced data for rental applicant screenings for single-family rentals and the “small-landlord” market.
Craig M. Robinson Joins Colliers as President
Colliers International announced that commercial real estate veteran Craig M. Robinson will take the reins as president of Colliers’ U.S. business, a newly created position.
Bascom Buys Vegas Multifamily for $22M
California-based Bascom Group has acquired Chapel Hill, a 222-unit garden apartment property at 9620 W. Russell Rd., Las Vegas, for $22.47 million.
iStar Residential Breaks Ground on Sage in Scottsdale
Ground has been broken on the final phase of Sage, a luxury condominium community along the downtown Scottsdale, Ariz., waterfront.