State: Utah - UT

Commercial Real Estate Direct Staff Report Oakmont Properties, which last year paid $178 million for the 453-unit Hardware Apartments in Salt Lake City, has lined up $105 million of fresh financing from MF1 Capital against the two-year-old property. The Sacramento, ...

Multi-Housing News Brinshore Development LLC has broken ground on a 190-unit apartment project at 255 South State St. in Salt Lake City. The property will have eight- and 12-story buildings with a mix of studio, one-, two-, three- and four-bedroom ...

Walker & Dunlop has originated $145.5 million of financing under U.S. Department of Housing and Urban Development programs for three apartment properties with a total of 761 units owned by, or under development by, Eight Bay Advisors. It wrote a ...

REBusiness Online DB Capital Management has sold to an undisclosed buyer the 64-unit Edgewood Park apartments in Salt Lake City for $15.5 million, or $242,187/unit. Berkadia brokered the deal for the seller, while the buyer was represented by Colliers International. ...

Commercial Real Estate Direct Staff Report DiamondRock Hospitality Co. is close to extending the term of the $53 million loan against its 510-room Marriott hotel in Salt Lake City. The Bethesda, Md., REIT has signed a term sheet with lender ...

Commercial Real Estate Direct Staff Report KBS REIT III has provided $150.2 million of financing to help facilitate its sale of the 453-unit Hardware Apartments in Salt Lake City. The Newport Beach, Calif, REIT, whose shares do not trade on ...

Commercial Property Executive Utah Valley University has bought the 103,000-square-foot Vibe Thanksgiving Point office building in Lehi, Utah, for $22.1 million, or $214.56/sf. The state college purchased the four-story building, at 2912 Executive Parkway, from Hayman Properties. Colliers International represented ...