Property Acquisitions and Dispositions
This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it.,This email address is being protected from spambots. You need JavaScript enabled to view it., and This email address is being protected from spambots. You need JavaScript enabled to view it.,of Northcap Multifamily, are pleased to announce the recent sale of Flower Terrace Apartments for $2,500,000 ($62,500/unit). This sale consisted of 40 multifamily units built in 1963, located at 225 Flower Ave in Las Vegas, Nevada.
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of 1600 Glenarm Place, an iconic, mixed-use high-rise located on the 16th Street Mall in downtown Denver, Colorado.
LOS ANGELES, CA – July 23, 2018 – HFF announces $66.08 million sale of The Andalucia, a newly built, 118-unit, resort-style multi-housing community in Pasadena, California.
Hollywood, Fla. – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Park Colony Apartments, a 316-unit multifamily community in Hollywood. The property will be renamed The EnV under new ownership. The asset was 97 percent occupied at time of closing and will undergo approximately $3.5 million in capital improvements.