West
AMCAL to Develop Two L.A. Affordable Housing Communities with Help from TCAC Funds
AMCAL Multi-Housing is building two new apartment developments in the Los Angeles area with funding assistance from the California Tax Credit Allocation Committee.
Portland Apartment Market Still Favors Landlords
Portland might not have the best local economy among markets its size, but it does have a certain ‘je ne sais quoi’ that attracts young people interested in the lifestyle that the city has to offer, according to the most recent report on Portland’s apartment market by investment property specialist Marcus & Millichap.
BRE and Bernards Break Ground on $105 Million Mixed-Use Community
Bernards and BRE Properties have broken ground on a $105 million mixed-used development in Los Angeles.
MIG Real Estate Acquires Three Multifamily Communities in Colorado
MIG Real Estate expanded its Colorado portfolio with the purchase of two multifamily properties in the Lakewood submarket of Denver and another in Golden, Colo.
New Student Housing Opens Featuring Townhouse-Style Apartments
Bison Run Village, the new 332-bed student housing community at the University of Wyoming includes 15 residential buildings and a 4,000-square-foot community center.
Demand Running High for San Diego’s New Domain by Alta
Wood Partners, developer of the new $90 million luxury apartment community Domain by Alta-San Diego, has announced that the community is already 30 percent leased, a little more than two months after its June opening.
MARKET SNAPSHOT: New Deliveries in Tucson Skyrocket to Highest Levels Since 2006; Rents Flatline
With local employment on the rise and median home prices well below the national average, multifamily in Tucson is seeing considerable renewal.
Single-Buyer Multifamily Portfolio Sold in Colorado
A four-property multifamily portfolio stretching from metropolitan Denver to Colorado Springs, Colo., has been sold, with the sale brokered by the Atlanta-based full-service investment advisory brokerage firm ARA.
Success of New Community Attributed to Appealing to Families
Resmark Apartment Living, a division of The Resmark Companies, announced it is 52 percent leased on the first 80 units at Union Place since opening in mid-March.
$3M Renovation of Las Vegas Building Proves Lucky for Investor
iStar Residential recently invested $3 million in a redesign of The Martin in Las Vegas, and in the four months since the building’s relaunch, sales have risen by 300 percent.