West

Phoenix. Photo by DutcherAerials/iStockphoto.com

Phoenix Multifamily Report – January 2024

Fundamentals take a dip after the post-pandemic surge.

Inland Group Buys Phoenix SFR for $62M in All-Cash Deal

This acquisition brings the company’s local footprint to nearly 2,700 units.

he Amara, located in West Los Angeles, was designed by BSB Design. Image courtesy of Jamison Properties

Jamison Properties to Build 100-Unit LA Community

Amara will have a mix of one- and two-bedroom units, including several affordable apartments.

Future student community at 3900 S. Figueroa St.

Landmark Kicks Off LA Student Housing Project

The developer acquired the site for $114.8 million last year.

$112M Project Eyed in Vegas

Bridge Investment Group and CEDARst are partnering on the first Class A community in the city’s Arts District.

Cobalt Apartments is just steps away from Sony Pictures Studios in Culver City, Calif. Image courtesy of Institutional Property Advisors

Greystar Sells Culver City Property

Sony Pictures Studios is a neighbor of the five-year-old community.

Flats at Jasper Clubhouse

Atlantic Jasper to Open 240-Unit Arizona BTR

The Flats at Jasper is part of a 1,200-acre master plan in Prescott Valley.

The community at 4800 Sunset Terrace in Fair Oaks, Calif.

Sacramento-Area Community Lands $45M Refi

Berkadia arranged the five-year Freddie Mac loan.

ColRich Pays $74M for Metro Denver Community

The buyer is the area’s second-largest multifamily owner.

Stor-Mor offers 659 units

SecureSpace Expands LA Footprint

The purchase marks the company’s eighth operating facility in the metro.