Utah
Seattle Investor Snags Five-Property Western MF Portfolio for $100M
Berkadia originated a $97.85 million Fannie Mae Credit Facility, which provided permanent fixed-rate financing for the acquisition of five multifamily… Read more
MedCore, SunTrust, Trinity Snag Four-Asset Assisted Living, Memory Care Portfolio
Dallas-based MedCore Partners, together with SunTrust Bank and Trinity Private Equity Group, closed on a 409-unit assisted living and memory… Read more
NKF Handles Sorrento Valley Office Campus Deal
Cornerstone Plaza, a two-building multi-tenant office campus totaling 97,316 square feet in the heart of San Diego’s Sorrento Mesa submarket,… Read more
Broadmark’s Adam Fountain Explains Gap in Short-Term Financing Market
By Adam Fountain, co-owner of Broadmark Real Estate Management Q: What has caused a gap in the market for short-term… Read more
Financing and Multifamily: Q&A with Hunt Real Estate Capital’s Kevin Chadwick
There is a lot to discuss when it comes to multifamily and financing. Sustained demand, combined with macro issues, place… Read more
Berkadia Arranges Sale, Financing of Virginia Courtyard by Marriott
Virginia-based Palmer Gosnell Hospitality, LLC, and the affiliated asset ownership entity Inns of Historic Fredericksburg, divested the Courtyard by Marriott… Read more
Utah Cancer Institute Expands to 200K SF with New Funding
Huntsman Cancer Institute (HCI) at the University of Utah expanded plans for a new cancer patient facility following a $30 million gift from the Huntsman… Read more
Hawaii Ranks as Healthiest State, Louisiana Takes Last Place
The nation’s 50th state—Hawaii—is the healthiest, according to United Health Foundation’s 29th annual America’s Health Rankings report. At the opposite… Read more
Kennedy Wilson Acquires 222-Unit MF in SLC for $49M
Beverly Hills-based Kennedy Wilson acquired Alpine Meadows, a 222-unit apartment community in the Salt Lake City region, for $49 million. The low-density, garden style,… Read more
Hillwood Expands National Logistics Team
Dallas-based Hillwood expanded its acquisition, development and joint venture investment business focused on logistics/industrial real estate investment opportunities throughout the… Read more
Alison Beddard Appointed CushWake Managing Principal in Utah
Cushman & Wakefield named Alison Beddard as the new Managing Principal for its Utah operations. Based in Salt Lake City,… Read more
Bridge, DPC Acquire 1.3M-SF Denver West Campus
Salt Lake City-based Bridge Investment Group and Denver-based DPC Companies acquired Denver West Business Park, a 20-building, 1.3-million-square-foot flexible office… Read more
Newly-Built 55+ Apartment Community Opens Near Salt Lake City
Newport Beach, CA-based Buchanan Street Partners completed construction and made units available for lease at Incline at Anthem, a luxury, active… Read more
Coming to your Nearest Bass Pro Shop: Build-A-Bear
With the holidays just around the corner, Build-A-Bear Workshop is expanding its stuffed-bear-making abilities nationwide. The Saint Louis, MO company… Read more
$30M in Financing for Hotel Property in Boise
Utah-based Pennbridge Lodging secured $30.5 million in financing for Residence Inn Boise Downtown/City Center. Pennbridge opened the 185-room, 10-story Marriott-flagged… Read more
Plans Emerge for $300M Kansas City MXU Redev
Salt Lake City-based Woodbury Corporation is buying a 100-acre site, formerly home to the Great Mall of the Great Plains… Read more
TruAmerica Acquires SLC ‘Silicon Slopes’ MF for $46M
TruAmerica Multifamily, in joint venture with an institutional partner, acquired Country Lake, a 253-unit multifamily community in Salt Lake City… Read more
New Leases Spur Marketplace at Ninety-Six Phase II
Leases signed by Ace Hardware and Dollar Tree have led to construction on phase II of Marketplace at Ninety-Six in… Read more
Unico Expands Salt Lake City Footprint with City Centre I Buy
Unico Properties LLC, a subsidiary of Unico Investment Group LLC, acquired City Centre I, a 229,600-square-foot, Class A high-rise in… Read more