West
New Development Breaks Ground in Ballpark District
Alliance Residential has begun construction on Broadstone Blake Street, a six-story, 164-unit luxury apartment community, located in the heart of Coors Field, bordering the Lodo District in downtown Denver.
New Community Design Evokes Resort Feel
NMS, a Los Angeles-based development company, has started construction on a $50 million multifamily community at La Cienega Boulevard in Beverly Hills, Calif.
SoCal Apartment Project Gets $26M in Funding From Canyon-Johnson
GLJ Partners has obtained $26 million in joint venture equity from the Canyon-Johnson Urban Fund for the acquisition of a 15-acre development site.
MARKET SNAPSHOT: Lack of Construction in Portland to Send Vacancy Rates to Historic Lows
As the next building cycle for the Portland area is still another year out, vacancy rates are expected to fall to historic lows across the metro.
SPECIAL REPORT: AIM Conference Discusses How to Manage Ratings
At the 2012 Apartment Internet Marketing conference in Phoenix, panelists discussed the importance of Internet ratings for multifamily communities.
Suburban Denver Apartments Receive $33M Refi
Oak Grove Capital has originated a $33 million Fannie Mae permanent loan for the refinancing of Cascade Village Apartments, a market-rate complex in Westminster, Colo.
TODAY’S DEALS: Iconic Silicon Valley Multifamily High-Rise Tower Commands $118M
Institutional Property Advisors arranged the sale of 360 Residences, a high-rise tower in San Jose; and Northmarq closed on $10.86 million in refinancing for an assisted living facility in Colorado.
New Colorado Community Appeals to Gen Y
KTGY Group Inc. has recently completed the first of eight three-story buildings at the Arista Uptown Apartments in Broomfield, Colo. This community was designed specifically with Gen Y in mind.
Dinerstein Companies to Build Apartment Community at Warner Center
Warner Center, the highly walkable, live-work master-planned community in California’s San Fernando Valley, will soon gain yet another multifamily development.
Trigild Adds Seven Multifamily Communities to Its Portfolio
Trigild, a San Diego-based real estate management and loan recovery firm, recently expanded their multifamily portfolio with the addition of seven multifamily communities across the United States.