Multifamily

Urban Communities has acquired Avenue 15 Apartments, a 148-unit apartment complex in North Phoenix.

The firm provides $16 million for a five-story apartment complex in the West Adams, Pico Heights submarket.

Cresset-Diversified QOZ Fund and Hines plan to build a 10-story 392-unit apartment complex in Denver's North River neighborhood.

Granite Place at Boulder Bay is the first residential project in Lake Tahoe in years and the first under the new community plan.

Boston Realty Advisors reports it has secured a $30.9-million construction loan for the ground up redevelopment of 21 East St. in North Attleborough, into a Class A apartment property that will consist of 193 market rate apartment units and approximately 11,500 square feet of retail.

TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million equity investment through the purchase of Low-Income Housing Tax Credits from TD's Community Capital Group for its Preserve at Sabal Park project.