West
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.
Michaels Opens $330M Property at UC Davis
The 1,549-bed project is part of the biggest housing program in the university’s history.
Greystar JV Lands $162M Student Housing Refi
Two projects totaling more than 1,000 beds, located in Washington and Oregon, are being refinanced.
CPP, Hampstead Acquire Pair of Montana Assets
Both properties will remain affordable until 2074.
$70M Affordable Project Rises in California’s Capital
This community marks the developer’s debut in the city.
Phoenix-Area Asset Changes Hands for $61M
The transaction involved a $34.2 million Fannie Mae loan.
Capital Square JV Eyes BTR Build in Sun Belt Hot Spot
Sunstone Two Tree will co-develop the project.
Toll Brothers Nets Debt for Phoenix-Area Project
A West Coast bank provided $65 million in construction financing for the Glendale, Ariz., community.