West
Passco Companies Acquire Colorado Springs Community for $54M
Passco Companies has acquired the former Alexan at Briargate, a 332-unit Class A multifamily community located in Colorado Springs, Colo., which was rebranded as Vue21.
The Towbes Group Property Garners SBCGB Certification
The Towbes Group has announced that its Goleta, Calif., community, Encina Meadows, has been awarded green business certification by the Santa Barbara County Green Business office for its efforts in reducing waste, as well as energy and water consumption in the community’s common areas.
ETCO Homes Announces Grand Opening of 432 Oakhurst
ETCO Homes today announced the grand opening and completion of the residences at 432 Oakhurst.
TODAY’S DEALS: Veritas Acquires $100M in Multifamily Mixed-Use Properties in San Francisco
Veritas Investments Inc. announced the acquisition of a 14-property portfolio of multifamily mixed-use buildings in San Francisco; and Walker & Dunlop provides a $44.2 million bridge loan for Nashville apartments.
Crescent, Glimcher Move Forward with Construction of Crescent Scottsdale Quarter
Crescent Communities and partner Glimcher Realty Trust have announced the ground breaking on a $61 million, 275-unit luxury rental community in the North Scottsdale retail hub, Scottsdale Quarter.
TODAY’S DEALS: LCOR Secures $49M+ Construction Loan for Mixed-Use Community
LCOR has closed on construction financing for its 304,271 sq. ft. mixed-use project at 638 Bloomfield Ave. in Montclair, N.J.; and Cohen Financial arranges more than $5.4 million for an acquisition.
InHaus, Redfin Join Forces on Seattle Condo Development
Acclaimed sustainability developer InHaus and technology-driven real estate brokerage Redfin are coming together to unveil a new condominium development in the Ballard neighborhood of Seattle.
Deco Communities Redevelops Vegas Apartments Frequented by Rat Pack
Cabana on Dumont, the redevelopment of the former Rainwalk Apartments in Las Vegas, has opened. It’s the first apartment outside of Arizona to be converted into Scottsdale-based Deco Communities’ “Cabana Modern Apartment Homes” brand of rental properties.
WESTliving Plans Construction of Continuum of Care Model Community
California-based WESTliving has announced its plan to build an independent, assisted living and memory care seniors community in an upscale area of South Corona, Calif. in Riverside County.
Bernards Chosen as Construction Manager for Newport Beach Luxury Condos
Bernards is managing the construction of the Meridian, a new $81.7 million condominium community in Newport Beach, Calif., being developed by a partnership between The New Home Company and Hillwood West.