West
Portland Multifamily Report – June 2024
Asking rents, occupancy and transactions still show a sluggish market.
Greystar Acquires $109M Seattle-Area Community
The asset previously traded in 2018 for $97 million.
Extell Development’s Residential Ski Property Sells Out
The community comprises 55 high-end units, part of the Deer Valley East Village expansion project.
Washington State Property Trades
CBRE facilitated the sale of Woodstone Apartments, which were built in 1989.
Ovation to Break Ground on Las Vegas Affordable Senior Development
The community will feature 276 units for low-income residents.
Seattle Luxury High-Rise Trades for $174M
Gemdale USA sold the Class A property.
Greystar to Debut Orange County Community
The property will be the firm’s largest residential property to date.
Denver Multifamily Report – June 2024
New construction was the only lagging fundamental going into summer.
Western National to Manage Palm Desert Community
The property is located in the Coachella Valley.
Belmont Community Lands $105M Refi
Värde Partners issued the note for the 250-unit property.