Stepp Commercial completes $4.39 million portfolio sale of two apartment properties in eastside submarket...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.39 million portfolio sale of two apartment properties located in the Eastside submarket of Long Beach, Calif.
Principal Robert Stepp...
Pam Weber joins NAA as NAAEI Vice President
The National Apartment Association (NAA) announced Pam Weber, CAE as the next Vice President of the NAA Education Institute (NAAEI).
Weber brings a wealth of association experience to NAA, working as a highly respected manager...
Parkview Financial provides $28 million construction loan for a 126-unit, 55+ apartment project in...
Parkview Financial announced today it has provided a $28 million construction loan to a San Marcos, CA-based private developer for the development of Paradise Senior Apartments, a five-story, 126-unit 55+ market rate apartment project...
The Praedium Group acquires Lenox Grand Crossing in Houston, Texas
The Praedium Group, a national real estate investment firm, has acquired Lenox Grand Crossing, a newly constructed 330-unit multifamily asset located in Katy, Texas in the Houston MSA. Peter Calatozzo, Principal at The Praedium...
Institutional Property Advisors completes Southeast Valley of the Sun Multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Delano, a 265-unit multifamily property in Mesa, Arizona. The $64 million sales price equates to $241,509 per unit.
“Mesa’s low cost...
Multihousing asset buy in North New Jersey financed for $54 million
JLL Capital Markets announced that it has arranged $54 million in acquisition financing for Montclair Residences at Bay Street Station, a 163-unit, transit-oriented multihousing community in the suburban New York City community of Montclair,...
Stepp Commercial completes $6.5 million sale of 16-unit apartment property in Rose Park Neighborhood...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.5 million sale of a 16-unit apartment property located at 640 Stanley Avenue in the Rose Park neighborhood of...
Old Three Hundred Capital secures $47.3 million in acquisition financing for multihousing community in...
JLL Capital Markets announced that it has arranged $47.3 million in acquisition financing and secured the preferred equity for Lantower Alamo Heights, a 312-unit multihousing community located in the Alamo Heights neighborhood of San...
One William taps into new rental demand and Englewood appeal with 40 percent of...
Strong demand for new luxury rental residences and the growing appeal of downtown Englewood as a vibrant residential destination have led to a successful Grand Opening at One William, where just over 40 percent...
When net zero is not net zero
With increasing frequency, the term net zero is entering conversations around the design and operation of the built environment. This is an important goal, but what if what we are designing and calling net...
Decron Properties acquires Silicon Valley apartment community for $84.6 MM, boosting investment activity for...
Decron Properties has acquired Willow Creek, a 208-unit multifamily community in San Jose, CA for $84.6 million, increasing its annual investment activity for the year to a record $345 million.
Decron's other 2018 acquisitions include...
Kidder Mathews creates client services role, appoints veteran CRE professional Paul Klink
Kidder Mathews, the largest independently owned commercial real estate firm on the West Coast, has promoted Paul Klink to President of its new Client Services endeavor, which will focus on expanding Kidder Mathews’ client...
Marcus & Millichap promotes Adam Podbelski to first vice president investments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced that Adam Podbelski, of the company’s Tampa office, has been promoted to First Vice...
Sale and acquisition financing of independent living community in Detroit suburbs completed
JLL Capital Markets announced that it closed the $17 million sale and arranged $25.35 million in acquisition and renovation financing for The Park at Trowbridge, a 298-unit, seniors housing community located in the northern...
Levin Johnston directs two property trades totaling $12.3 million in 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 the sale of two apartment communities—one...
