High Street Residential and joint venture partner Mitsui Fudosan America have completed work on Montclair Scottsdale, a 215-unit luxury residential community in Scottsdale, Arizona. The project, first announced in January 2025, entailed transforming a vacant retail center into a new housing development.
Situated on the border of Scottsdale and Paradise Valley, at 10050 N Scottsdale Road, the three-story community features Santa Barbara-inspired architecture with a mix of one- and two-bedroom apartment homes. The property offers multiple outdoor courtyards, a dog park, a private yoga and fitness studio, a resort-style pool and spa, sauna and expansive co-working spaces with private offices.
Located between Old Town Scottsdale and North Scottsdale, Montclair Scottsdale provides residents with convenient access to numerous retail, entertainment, and employment destinations. The property is within walking distance of nearly 2 million square feet of shopping and dining offerings and is located just minutes from Kierland Commons, Scottsdale Quarter, and Scottsdale Fashion Square.
The community was designed by ESG Architects, with Wespac Construction as the general contractor. Greystar serves as the community’s property manager.
Coventry House, a 64-unit seniors housing community in Othello, WA, was acquired by a Washington-based owner-operator with more than 10 seniors housing communities in an all-cash deal. The price was not disclosed. Built in 2003, the 50,456 sf property sits on 3.85 acres at 430 N. Second Ave., near Othello Community Hospital, Lions Park and...
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Trace 4001, an eight-story workforce housing project located at 4001 S. Willow Street in Seattle’s Othello neighborhood, is now open to the public. The new rental community, located just one block from the Othello Light Rail Station, was developed by Seattle-based Nitze-Stagen. Trace 4001 is a privately funded project sponsored by OZ Navigator, a partnership...
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Gantry has secured a $15.6 million bridge loan to fund the acquisition and redevelopment of the Santa Ana Apartments located at 3737 Ashby Road in Saint Ann, Missouri, a North St. Louis suburb adjacent to Lambert-St. Louis International Airport. The 14-story, 169-unit complex was acquired vacant and will be transformed into market-rate multifamily housing through...
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