TPG Angelo Gordon and Timberlane Partners secured refinancing for The Opal, a newly constructed, 262-unit class A multifamily community in West Valley City, Utah.
Completed in September 2024, The Opal features a mix of studios, one- and two-bedroom apartments with modern finishes and an extensive amenity package. The property showcases a glass-structured fitness center overlooking an elevated amenity deck with an outdoor swimming pool and hot tub, pickleball courts, a high-end clubroom and more. The three- and five-story building offers 447 parking spaces across a structured garage and surface lot.
Located at 2600 West 3800 South, The Opal sits 10 miles southwest of downtown Salt Lake City off Interstate 215, offering residents access to the metro's recreational amenities, including the Wasatch Mountains and Park City, as well as employment opportunities across the region's more than 650,000 jobs. The property is within a five-minute walk of top-tier retail.
JLL