Western

MMCC Arranges $85M in Construction Financing for Beverly Hills Mixed-Use Project

by Amy Works June 12, 2026

BEVERLY HILLS, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $85 million in construction financing for the development of a 297,771-square-foot mixed-use property at 55 N. La Cienega Blvd. in Beverly Hills. Sharone Sabar of MMCC arranged the financing on behalf of a private investor through a national banking institution. The four-year construction loan was structured at 65 percent loan-to-cost. The six-story property will features 140 multifamily residences and 13,303 square feet of ground-floor retail space. The project will include a three-level subterranean parking structure with 177 spaces, extensive community gathering areas, a restaurant and bar, a coffee shop, recreation lounge, theater, wet and dry saunas, conference facilities, private workspaces and a communal kitchen, as well as a rooftop deck with a resort-style pool. Eleven units will be designated for low-income households and an additional 11 units for moderate-income households.

June 12, 2026

Industrial Loans Utah Western

Hamilton Partners, Bow River Capital Receive $44.2M in Financing for Hamilton Logistics Center in Salt Lake City

by Amy Works June 12, 2026

SALT LAKE CITY — Hamilton Partners and Bow River Capital have received $44.2 million in refinancing for Hamilton Logistics Center, a 474,600-square-foot Class A industrial asset at 8080 W. 1400 North in Salt Lake City. Chris Gandy, Jack Safford and Todd Torok of JLL Capital Markets arranged the floating-rate, five-year loan for the borrowers through a national insurance company. Completed in 2023, Hamilton Logistics Center features cross-dock industrial space with 36-foot clear heights, 56 dock-high doors, two drive-in doors and a 2,800-square-foot move-in ready speculative office space. Situated on 33.4 acres, the site includes 244 parking stalls and 156 trailer stalls on paved, illuminated land. The asset serves logistics and distribution users with access to the Wasatch Front’s labor pool of more than 1.2 million residents.

June 12, 2026

Acquisitions Arizona Multifamily Western

Quarterra Sells 290-Unit Multifamily Community in Scottsdale to MacNaughton

by Amy Works June 12, 2026

SCOTTSDALE, ARIZ. — Quarterra has completed the sale of Residences Kierland, a 290-unit apartment property in North Scottsdale, to MacNaughton for an undisclosed price. Asher Gunter, Matt Pesch and Austin Groen of CBRE represented the seller in the transaction. Bruce Francis, Doug Birrell, Bob Ybarra, Shaun Moothart and Nick Santangelo of CBRE’s Debt & Structured Finance arranged the debt financing on behalf of the buyer. Completed in 2022, Residences Kierland features one- and two-bedroom floor plans with gourmet kitchens with quartz countertops, a GE Café appliance package, wine fridges, vinyl plank flooring, illuminated bathroom mirrors and smart lock keyless entry systems. Additionally, the property features seven two-story townhomes, each averaging 2,000 square feet, with direct access and a two-car garage. Community amenities include an elevated pool deck with private cabanas, bike room, pet spa with a full washing station, electric car chargers, 24-hour fitness center and a yoga studio. Residences Kierland also features The Retreat, a full-service spa. The Retreat includes heated lounges for relaxation, a nail salon, individual massage rooms, a sauna and steam room with aroma-infused oils, cool-mist room, salt therapy room and hot and cool pools in a secluded outdoor space.

June 12, 2026

Development Multifamily Seniors Housing Washington Western

PMB, The Springs Living Break Ground on 225-Unit Senior Living Community in Issaquah, Washington

by Amy Works June 12, 2026

ISSAQUAH, WASH. — Co-developers PMB and The Springs Living have broken ground on a 225-unit senior living community in Issaquah, roughly 20 miles southeast of Seattle. Makenzie and GBD Architects designed the project, and Exxel Pacific is serving as the general contractor. Harrison Street Asset Management, Huntington National Bank, BOK, MVB, First National Bank Alaska and Northwest Bank are providing financing. Upon completion, The Springs Living at Issaquah Highlands will span 329,250 square feet. Units will include 114 independent living, 84 assisted living and 27 memory care apartments. The community is scheduled to open in late 2028. This marks the second co-development between The Springs Living and PMB.

June 12, 2026

Acquisitions Colorado Development Industrial Western

Trammell Crow, PCCP Break Ground on 76-Acre Industrial Park in Thornton, Colorado

by Amy Works June 11, 2026

THORNTON, COLO. — Trammell Crow Co. (TCC) and joint venture partner Pacific Coast Capital Partners (PCCP) have broken ground on Crossroads 25, a Class A industrial park at the intersection of Interstate 25 and E-470. At full build-out, Crossroads 25 will span 1.1 million square feet across six buildings. Phase 1, totaling 828,000 square feet across four buildings, is slated for delivery in third-quarter 2027. Building 4, totaling 409,000 square feet, has been fully preleased. Buildings 1, 2 and 3 consist of 157,562, 171,242 and 90,096 square feet, respectively. The 32-foot clear front-park, rear-load buildings offer highway visibility from E-470 and I-25, 4,000 amps of power per building, oversized drive-in doors and trailer parking. Tyler Carner, Jeremy Ballenger and Keiffer Garton of CBRE represented the seller in the land acquisition. The CBRE team will also lead leasing efforts on behalf of TCC and PCCP. Simmons Bank provided construction financing for Phase 1. Ware Malcomb designed the project, with Murray & Stafford serving as general contractor.

June 11, 2026

Acquisitions Montana Multifamily Western

Trident Development Completes $36.3M Sale of Silver Creek Apartments in Bozeman, Montana

by Amy Works June 11, 2026

BOZEMAN, MONT. — Trident Development has completed the sale of Silver Creek Apartments, a 118-unit multifamily community located at 1481 N. 25th Ave. in Bozeman. An undisclosed buyer acquired the asset for $36.3 million. Adam Haydon, Dan Linnell, Mox Gunderson, Devon Dvorak and Drew Jackson of Colliers represented the seller in the deal. Built in 2021, Silver Creek Apartments features 12 studios, 52 one-bedroom units, 50 two-bedroom apartments and three three-bedroom residences. Amenities include a rooftop patio with gas grills and a fire pit, a ground-floor courtyard, a 24-hour fitness center, two community rooms, a dog park and a pet wash station, interior and exterior storage garages and work-from-home office spaces.

June 11, 2026

California Loans Multifamily Western

PSRS Arranges $29.5M in Acquisition Financing for Mobile Home Park in Northern California

by Amy Works June 11, 2026

NORTHERN CALIFORNIA — PSRS arranged $29.5 million in acquisition financing for an unnamed mobile home park in Northern California. Michael Tanner and David Sarnoff of PSRS arranged the three-year, interest-only acquisition loan through a bridge lender. The borrower was also not disclosed. The 93-site manufactured housing community offers Pacific Ocean views and immediate proximity to state parks, retail and dining. The property features a range of amenities, including pet-friendly spaces, outdoor gathering areas and a resident lounge.

June 11, 2026

Acquisitions California Multifamily Western

Limited Partnership Sells 65-Unit Apartment Community in San Ramon, California

by Amy Works June 11, 2026

SAN RAMON, CALIF. — An entity doing business as Bollinger Crest Apartment Investors LP has sold 4000 Bollinger Crest Common, a multifamily property in San Ramon, to Pacific Urban Investors for an undisclosed price. Keith Manson, Zach Greenwood, Mac Watson and Tate Eames of Cushman & Wakefield represented the seller in the deal. Built in 2000, the property features 65 two-bedroom, two-bathroom residences averaging approximately 1,100 square feet. Units offer private, oversized individual garages, private balconies and patios and nine-foot ceilings.

June 11, 2026

Acquisitions California Industrial Western

EQT Real Estate Divests of 275,243 SF Industrial Building in Temecula, California

by Amy Works June 10, 2026

TEMECULA, CALIF. — EQT Real Estate has divested of 41980 Winchester Road, a 275,243-square-foot industrial building located in Temecula. San Diego-based investment company SENTRE acquired the asset for an undisclosed price. Bryce Aberg, Jeff Chiate, Rick Ellison, Charlie Jacobs, Matthew Leupold and Aubrie Monahan of Cushman & Wakefield represented the seller in the deal. Max Schafer and Brian Share of Cushman & Wakefield’s Equity, Debt & Structured Finance team arranged acquisition financing for the transaction. The building features 26-foot clear heights, “efficient” loading capabilities and “ample” parking. The fully occupied property also provides immediate connectivity to major distribution corridors serving San Diego, Orange County, Calif., and the broader Inland Empire.

June 10, 2026

Acquisitions Colorado Mixed-Use Office Retail Western

BMC Investments Sells 100,000 SF Mixed-Use Property in Denver

by Amy Works June 10, 2026

DENVER — BMC Investments has sold 255 Fillmore, a Class A mixed-use building in Denver’s Cherry Creek neighborhood. A high-net-worth family office acquired the asset for an undisclosed price. Tim Richey of Newmark represented the seller in the deal, while Lincoln Property Co. served as investment advisor for the buyer. Alex Foshay and Kevin Shannon of Newmark also supported the transaction. Delivered in 2024, 255 Fillmore features 90,000 square feet of office space and 10,000 square feet of ground-floor retail space. The seven-story property is fully leased to multiple office tenants and three retail/restaurant tenants, including Le Colonial restaurant.

June 10, 2026

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