West
Denver Luxury Property Trades for $161M
Confluence Cos. sold the multifamily asset to Kairoi Residential.
Albuquerque Multifamily Report – September 2023
While some other markets stumble, rent growth is solid in New Mexico.
Equity Residential Sells LA-Area Community for $107M
The firm had acquired this Class B asset in 1996 for $25.5 million.
MG Properties Acquires $95M Luxury Denver Community
JLL provided a $54.2 million Freddie Mac loan for the deal.
Mark-Taylor Continues Rapid SFR Expansion in Phoenix
Cottages at McDowell is a new, 219-unit community in Avondale, Ariz., developed by WestStone Group.
Denver Multifamily Report – September 2023
Occupancy was flat over 12 months, despite dropping almost everywhere in the country.
Highridge Costa Opens Affordable Bay Area Community
The property is age-restricted for seniors 62 or over.
Phoenix Multifamily Report – September 2023
A solid pipeline has cooled off the city’s dry heat, at least temporarily.
Fairfield Sells Luxury North Portland Community
The Perch PDX came online in 2020 and includes 141 units.
Dominium Opens Affordable Community in Phoenix
The property is supported by the Section 42 LIHTC program.