Western

Inland Empire Asset Trades for $36.7M

by Lynn Peisner August 5, 2026

POMONA, CALIF. — Positive Investments has sold Terramonte at Foothill in Pomona to Sack Capital Partners for $36.7 million. IPA’s Kevin Green, Chris Zorbas, Joseph Grabiec, Alexander Garcia Jr. and Greg Harris arranged the Inland Empire deal. The 138-unit asset was built in 1963 on 9 acres and was renovated between 2012 and 2023. Terramonte at Foothill has two pools, sun decks, a hot tub, fitness center, barbecue pavilion, coworking space and garages. The unit mix includes studios, one-, two- and three-bedrooms with an average unit size of 910 square …

August 5, 2026

Nevada Operations Western

Stout Management Tapped as Operator of Four Las Vegas Properties

by Lynn Peisner August 4, 2026

LAS VEGAS — Stout Management Co. has been selected as property manager of four Las Vegas properties: Tuscan Highlands, Silver Creek Apartments, The Vine on 8th and Maryland Villas. The properties represent luxury as well as affordable housing communities and total 936 units. Located at 12656 Southern Highlands Parkway, Tuscan Highlands is a luxury community that features a saltwater pool, fitness facilities and wellness studios. Silver Creek Apartments, at 6170 Boulder Highway, provides affordable housing options with amenities including a fitness center, pool, playground, business center and gated access. In …

August 4, 2026

Investment Sales News Washington Western

Nordic Real Estate Buys Monticello in Seattle’s First Hill

by Lynn Peisner August 4, 2026

SEATTLE — Nordic Real Estate has acquired Monticello, a 107-unit community at 415 Boren Ave. in Seattle’s First Hill neighborhood. Dylan Simon, Jerrid Anderson and JD Fuller of Kidder Mathews represented the undisclosed seller and sourced the buyer. Nordic Real Estate specializes in buying and renovating older properties in the Seattle region. Monticello was built in 1957 and is comprised of 42,342 rentable square feet.

August 4, 2026

Alabama Investment Sales News Southeast Student Housing Washington Western

JV Secures $38.4M to Acquire Three Former Student Housing Properties

by Lynn Peisner July 31, 2026

NEW YORK CITY — Eastman Residential and Triangle Capital Group have acquired a three-property portfolio of former student housing communities that will be converted to conventional multifamily assets. JLL arranged a $39.4 million three-year, floating rate acquisition loan. The portfolio consists of Grove at Cheney (192 units) in Cheney, Washington, Arch at Troy (192 units) in Troy, Alabama, and CB at Radford (222 units) in Radford, Virginia. Each property was originally developed as off-campus student housing but has underperformed because of distance from their respective university campuses relative to competing …

July 31, 2026

Investment Sales News Washington Western

Weidner Sells Puget Sound Asset for $112M

by Lynn Peisner July 31, 2026

LYNNWOOD, WASH. — Weidner Apartment Homes has sold A’Cappella Apartment Homes in Lynnwood for $112 million. The Puget Sound Business Journal identifies Pacific Urban Investors as the buyer. Kyle Yamamoto, Eli Hanacek and Natalie Kasper of CBRE’s Pacific Northwest multifamily team represented Weidner. Built in 1989, A’Cappella is located at 15001 35th St. and was 95 percent occupied at the time the deal closed. Lynnwood sits at the northern terminus of Sound Transit’s Link light rail, which opened in August 2024 and connects residents to Seattle.

July 31, 2026

California Investment Sales News Western

CBRE Brokers $12.3M Sale of Cambria Villa in Fontana, California

by Lynn Peisner July 30, 2026

FONTANA, CALIF. — CBRE has brokered the sale of Cambria Villa Apartments, a 50-unit community at 1531 West Rialto Ave. in Fontana, about 7 miles west of San Bernardino. Eric Chen and Blake Torgerson of CBRE represented both the undisclosed buyer and seller. The asset traded for approximately $12.3 million. Built in 1985, the gated community is comprised of one- and two-bedroom units along with a pool, landscaped courtyard with a picnic area, private garages and guest parking.

July 30, 2026

Colorado Finance News Western

Mesa West Capital Delivers $81M Refinancing for Atlas Peakview in Centennial, Colorado

by Lynn Peisner July 29, 2026

CENTENNIAL, COLO. — Mesa West Capital has provided an $81 million short-term first mortgage loan to a joint venture between The Dinerstein Cos. and PGIM. The loan will refinance Atlas Peakview, a 330-unit development in the Denver suburb of Centennial. Walker & Dunlop’s Tom Melody, Paul House and John Melody arranged the loan. The property has reached 85 percent occupancy since opening in 2025. Atlas Peakview, located at 7800 E. Peakview Ave., offers studio through three-bedroom apartment floor plans and two- and three-bedroom townhomes. Community amenities include a resort-style pool …

July 29, 2026

California Investment Sales News Western

Marcus & Millichap Brokers $12.3M Sale of 46-Unit Property in Anaheim, California

by Lynn Peisner July 28, 2026

ANAHEIM, CALIF. — Marcus & Millichap has arranged the sale of Villa Samoa, a 46-unit community at 2856 West Lincoln Ave in West Anaheim. The property sold for $12.3 million. Tyler Leeson and Matthew Kipp based out of Marcus & Millichap’s Orange County office represented the undisclosed seller. The buyer’s identity also was not disclosed. Built in 1964, Villa Samoa is situated on a 3.2-acre parcel and consists of 12 single-story buildings. Each residence features a private patio, and community amenities include garage and surface parking. The buyer plans to …

July 28, 2026

Affordable Housing California Finance News Western

Watt Capital Developers Secures Refinancing, HAP Contract Renewal for Los Angeles Affordable Housing

by Lynn Peisner July 27, 2026

LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan to refinance Billy G. Mills Manor, an affordable housing community in Los Angeles. Walker & Dunlop’s Jeff Kearns and Laura Woltanski arranged the loan through HUD/FHA’s Section 223(f) loan program on behalf of Watt Capital Developers. The community features 102 units supported by a Project-Based Section 8 Housing Assistance Payment (HAP) contract covering 100 percent of the residences. The refinancing also supplies funding for approximately $30,000 per unit for planned renovations, including roof replacement, new windows and sliding …

July 27, 2026

Arizona Finance News Western

PCCP Provides $51.8M Refinancing Loan for Everly at Morrison Ranch in Metro Phoenix

by Lynn Peisner July 24, 2026

GILBERT, ARIZ. — PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinancing of Everly at Morrison Ranch in Gilbert. Located at 4353 E. Elliot Road, Everly at Morrison Ranch was built in 2025. The 236-unit community is 97 percent leased and is within Morrison Ranch, a master-planned neighborhood in Gilbert. Units are offered as one-, two- or three-bedroom floor plans complemented by amenities such as a resort-style pool and hot tub, private workspaces, electric vehicle charging stations, …

July 24, 2026

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