Lakeview Land Partners purchases 34 Units Near UC Berkeley
Lakeview Land Partners, an Oakland based multifamily housing investment company has purchased The Bishop Berkeley Apartments, a 34-unit apartment complex located at 2709 Dwight Way in Berkeley CA. The Bishop Berkeley Apartments are located at...
Sovereign Properties to disrupt apartment housing industry with affordable, luxury amenities
Real estate industry veteran Russ Krivor is revolutionizing the real estate industry, again, this time building apartment communities for individuals and families who are priced out of single-family home ownership. Today, Krivor announced his...
Northern California seniors housing asset sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Almond Heights Senior Living, a 117-unit assisted living and memory care facility in Orangevale, California. “Opened in September 2015, Almond...
Levin Johnston directs two property sales totaling $19.88 million in the California Bay Area
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed two multifamily property sales totaling $19.88...
MBK Rental Living and R.D. Olson construction team up on 330-unit luxury apartment project...
MBK Rental Living and R.D. Olson Construction announce the groundbreaking of Artesa at Menifee Town Center, a Spanish mission-style apartment community located in the heart of Menifee. Offering urban-style living in a small-town setting, the...
TruAmerica Multifamily increases Florida portfolio with $64 million acquisition of Orlando apartment community
TruAmerica Multifamily has acquired Island Club, a 472-unit Class B apartment community in Orlando, FL in a $64 million transaction. TruAmerica identified the Orlando MSA as its top target market in Florida after entering the...
MassHousing provides $25 million in financing for latest phase of rental housing development at...
MassHousing is providing $25 million in affordable housing financing to Lena New Boston, to support the latest phase of rental housing development at Olmsted Green in Mattapan. With the MassHousing financing, Lena New Boston,...
Marcus & Millichap arranges sale of 6-unit apartment building in Chicago’s Jefferson Park neighborhood
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 6-unit apartment property located at 5663 W. Higgins Ave....
Coral Rock Development Group and Arena Capital Holdings acquire Prospect Towers in Clearwater for...
Miami-based Coral Rock Development Group and Arena Capital Holdings announced today that they have acquired Prospect Towers, a downtown Clearwater, Florida senior living high-rise for $13.5 million. Well-positioned in an Opportunity Zone, the 17-story, multifamily...
IPA brokers 192-unit metroplex multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Westmount at Colonnade, a 192-unit apartment complex in Grand Prairie, Texas. “Grand Prairie’s strong average annual rent growth and high...
TMG Partners and Invesco Real Estate acquire 600 Battery Street in San Francisco
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announce the acquisition of 600 Battery Street, an approximately 120,000-square-foot historic building...
Universe Holdings continues buying spree in Inglewood with acquisition of its ninth multifamily community
Universe Holdings has acquired a 15-unit multifamily community in Inglewood, Calif., for $3.8 million. Chateau Park Casino Royale V is the firm’s ninth acquisition in the past four years in the Los Angeles submarket that...
Bellwether Enterprise closes $37.5 million loan for luxury apartments in Richmond, VA
Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced today the closing of a $37.5 million acquisition loan for James River at Stony Point,...
The Donaldson Group, Declaration Capital, DRA Advisors’ fund acquire 592-unit Silver Spring, MD apartment...
The Donaldson Group (TDG) of Rockville, MD, Declaration Capital of New York City, and a fund managed by DRA Advisors have acquired Montgomery White Oak Apartments, a 592-unit garden-style apartment community located in Silver...
Boston Properties acquires rights to Platform 16 development site at Diridon Station in San...
Boston Properties, Inc., one of the largest publicly-traded developers, owners and managers of Class A office properties in the United States, announced today that it has entered into agreements with an affiliate of San Francisco-based...