West

Seattle. Photo by ad_foto/iStockphoto.com

Seattle Multifamily Report – July 2023

The Puget Sound is ready for better days after a slow first half.

The 681-unit property first came online in 1969. Image courtesy of Andover Properties

Andover Properties Adds Facility to Colorado Springs Portfolio

This transaction marks the company’s third acquisition in the market.

Urban Catalyst Launches Fund to Develop Google-Adjacent California Project

The community will be next to the tech company’s Downtown West development.

Trailside Apartments

Olympus Property Pays $36M for Arizona Asset

The sale involved a $22.5 million Fannie Mae loan.

Sunnyview Villa Apartments. Image courtesy of Community Preservation Partners

CPP Buys Palm Springs Affordable Housing Property

The new owner expects to invest $89,000 per unit in renovations.

Seattle-Area Asset Commands $125M

Located in Redmond, Wash., the property came online two years ago.

San Francisco. Photo by Patrick Jahns/iStockphoto.com

San Francisco Multifamily Report – July 2023

Rents in the Bay Area are close to their mid-2022 levels.

R&V Management Acquires San Diego-Area Community

The 230-unit community in La Mesa, Calif., was completed in 2022.

Mill Creek Breaks Ground on Phoenix-Area Luxury Apartments

The project is the firm’s fourth in the Grand Canyon State.

Orchard Park Residence Hall is located in the upper northwest corner of UC Davis campus. Image courtesy of the University of California, Davis

Michaels Opens $330M Property at UC Davis

The 1,549-bed project is part of the biggest housing program in the university’s history.