West

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.

Sacramento County Facing Affordable Housing Crisis

According to “Out of Reach 2012,” a National Low Income Housing Coalition report, 54 percent of renters in California’s Sacramento County can’t afford to rent a typical two-bedroom apartment.

N.C. Affordable Seniors Housing Gets $3.75M Construction Loan

Ardsley Commons, an affordable apartment development for seniors in Locust, N.C., has obtained a $3.75 million construction loan.

Yardi Acquires the PopCard

Yardi recently announced its acquisition of Lead Tracking Solutions (LTS), creator of the PopCard™, a patented and complete lead tracking and lead management software solution.

Collaborative Effort for New Colorado Transit-Oriented Development

Wood Partners, East West Partners and USAA Real Estate Company have teamed up to build a new apartment community in the Union Station/Riverfront Park redevelopment in Denver.