West

TODAY’S DEALS: HFF Arranges $33.05M Sale on Behalf of Prime Residential

HFF announced that it has brokered the sale of The Artisan, a 434-unit, garden-style community in Denver; and Alliant Capital closes on a $1.2 million refinance.

AMCAL Completes LA County Affordable Housing

Park Place Apartments, a part of the redevelopment of the Lynwood Gardens neighborhood in Lynwood, has opened. The 99-unit affordable housing project replaces an outdated commercial building and rundown market on the site.

American Campus Communities Offers Faster Internet Service to Callaway House Residents

The Callaway House Austin, a new off-campus community serving University of Texas at Austin students, will offer unprecedented Internet service of up to one Gigabit per second per resident.

Dominium Acquires Arizona Affordable Apartments

Dominium has purchased The Sahuarita Mission Apartments, a 52-unit affordable apartment community in the Tucson-area municipality of Green Valley, Ariz.

MacFarlane Acquires Land for Seattle Community for $2.7M

Investment management firm MacFarlane Partners has announced that it has acquired 251 8th avenue North in the South Lake Union area of Seattle, the final parcel for the site of a new 174-unit community.

Brandywine Homes to Break Ground on Calif. Community

Brandywine Homes recently closed escrow on a multifamily community in Buena Park, Calif.

Sacramento Nonprofits Obtain Funds for Multifamily Green Upgrades

The Sacramento County Board of Supervisors has approved $5.8 million, and the Sacramento City Council approved $500,000, for the rehabilitation of three multifamily properties in the city: Greenway, Glen Ellen and Los Robles Mutual Housing.

CriterionBrock Partners with MAB Flooring to Expand Their Growth Initiative

CriterionBrock, one of the nation’s largest multifamily housing flooring providers, has purchased the assets of MAB Flooring in Houston, TX. MAB has provided exceptional service to the Houston apartment market for over 15 years.

MARKET SNAPSHOT: Seattle on a High Due to Low Unemployment and Vacancies

Seattle’s recent emergence as one of the most intriguing real estate markets in the United States is in no small measure the result of the influence of major corporate presences such as Microsoft and Amazon.

Downtown Denver Condo Tower Selling Again

Condos are in demand again, if the rate of sales at SPIRE, a for-sale multifamily high rise in Denver, is any indication.