Utah
Gerding Edlen Completes Succession Plan, Investment Management Arm Goes Green
Portland-based Gerding Edlen Development (GED) phased out the Gerding Edlen name and formed Edlen & Company. Mark Edlen and former… Read more
Sares-Regis Sells Ahwatukee MF for $65M
Salt Lake City-based Millburn & Company acquired Allegro at Foothills Gateway, a 264-unit apartment complex in Phoenix from Newport Beach,… Read more
Watermark Divests Gilbert Apartments for $84M
Salt Lake City-based TM Equities acquired Watermark at Gateway Place, a 250-unit Class A multifamily community in Gilbert for $84.35… Read more
JLL Capital Markets Establishes Presence in Salt Lake City
JLL Capital Markets established a presence in Salt Lake City with the addition of Phil Brierley a Senior Director. He… Read more
Millburn Acquires PHX’s Parc South Mountain for $60M
Salt Lake City, UT-based Millburn & Company acquired Parc South Mountain, a 258-unit multifamily property in Phoenix from Phoenix-based Evergreen… Read more
Kevin Rude Elevated to Colliers’ Southwest Leadership Role
Colliers U.S. plans to continue the growth of its Real Estate Management Services (REMS) business with the promotion of industry… Read more
NorthPoint, Romney Launches $1B, 19M-SF Development in Utah
A partnership between Kansas City-based NorthPoint Development and The Romney Group broke ground on Lakeview Business Park, a more than… Read more
Co-Living’s Success is Market-Agnostic
Leading indicators point to continued demand from co-living’s young, target demographic despite the ongoing public health and economic crisis, Cushman… Read more
Smaller Cities Draw Bigger Crowds of Investors
The nation’s major cities appear to be losing their luster as attractive investment opportunities, according to DLA Piper’s latest State… Read more
Western Wealth Cuts $117.5M Deal with Bridge for Tempe MF
Canadian investor Western Wealth Capital acquired Onnix Apartments, a 659-unit multifamily property in Tempe for $117,500,000. The seller was Salt… Read more
NKF Secures $454M in Refinancing for 3-State, 7-Asset MF Portfolio
NKF completed a pair of structured transactions totaling $454 million for the refinance of seven assets on behalf of a… Read more
Capital Square Hires Nick Headley as Senior VP
Richmond-based national investment sponsor Capital Square has hired Nick Headley as senior vice president of central sales. In his new… Read more
Mortenson Secures Financing for SLC Office Renovation
JLL Capital Markets arranged financing for The 324, a 214,500-square-foot office building located at 324 S. State St. in Salt… Read more
Land Advisors Organization Brokers 70-Acre Utah Development Site Deal
Woodside Homes acquired a 70.4-acre residential development site in the Shoreline community in Syracuse City, UT from CW Land. The… Read more
$40M MXU Development Launches in Downtown Salt Lake City
MVE + Partners has broken ground on 6th & Main, a landmark 283,936-square-foot mixed-use development in the heart of downtown… Read more
Idaho’s Tamarack Resort Elevates Resort Operations, Real Estate Leaders
Idaho’s Tamarack Resort has elevated its leadership team with the addition of new hires and promotions of long-time managers. Wolfe… Read more
John Schmid Joins Mag Mile Capital in Denver
Chicago-based Mag Mile Capital expanded its leadership team with the addition of John Schmid, who joins as SVP of Originations in… Read more
2020 Next Generation Honoree: Cushman & Wakefield’s Jorgi Paul Finds Success in Shift from Media to CRE
Jorgi Paul is a Senior Associate on Kip Paul’s prolific Investment Sales team at Cushman & Wakefield in Salt Lake… Read more
2020 Next Generation Honoree: Aligned’s Sam McKelvey Brings Business Acumen, Financial Savvy
Sam McKelvey’s business acumen and financial savvy reportedly make him a strategic asset to the Plano, TX-based Aligned team. As… Read more