Capital Markets

The events this fall have opened the window for non-agency lenders to regain any multifamily market position they can.

The asking rental rate rose $0.56-per-square-foot to an average of $39.75-per-square-foot from the second quarter. In the past year, MMG Equity notes that the average asking rental rate has risen $4.21-per-square-foot from the $35.54-per-square-foot registered in the third quarter of last year.

The two properties are located in Las Vegas and Southern California and total nearly 700 units.

The three-building Denver Distribution Portfolio, which totals 633,193 square feet, is one of the largest industrial sales in Denver.

Fourth Street Distribution Center, a 1.43-million-square-foot distribution center, sold for $191 million.

Mesa West Capital provides a $40 million loan for the purchase of South Valley Ranch Apartments.