Gantry Secures Loans Totaling $27.8M for Bay Area Multifamily Portfolio Acquisition
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $27.8 million in financing to acquire a Bay Area Multifamily Portfolio of eight Oakland properties. Gantry’s Jeff Wilcox, Principal, and Erinn Cooke,...
MBK Rental Living Announces Pre-Leasing at 292-Unit Luxury Apartment Community Solana at Duarte Station...
MBK Rental Living, a leading innovator in private real estate development, has announced the commencement of pre-leasing at Solana at Duarte Station. Located in Duarte, California adjacent to the prestigious City of Hope Medical Campus...
Cushman & Wakefield Adds Premier Team led by Keith Manson to Lead Northern California...
Cushman & Wakefield announced the firm has hired a powerhouse multifamily brokerage team to boost its national and regional investor client services and coverage capabilities in the critical multifamily sector in Northern California. Offering...
Griffin Hoover Joins Capital Square as Regional Vice President of their Southwest Territory
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced that Griffin Hoover has joined the firm as regional vice president,...
Marcus & Millichap Capital Corporation Arranges $5.9M Financing for Los Angeles Multifamily Property Madison...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5,925,000 for the refinancing of Madison Park, a 36-unit multifamily property in Torrance, California. Michael Derk, executive...
JLL Arranges Financing for Class A Multifamily Community Vive Luxe in San Diego
JLL Capital Markets announced that it has secured a $188 million loan for Vive Luxe, a 442-unit multifamily community in San Diego, California. JLL represented the borrower, Sunroad Enterprises, in arranging the five-year, fixed-rate loan...
Berkadia Announces Sale of Seniors Housing Property The Woodlake in Northern California
Berkadia, a leader in the commercial real estate industry, announced the sale of The Woodlake, a 137-unit assisted living and memory care community located in Sacramento, California. Berkadia Seniors Housing & Healthcare, led by Senior...
Pathfinder Partners Acquires Seattle Area Multifamily Property Sundance
Marking the firm’s 13th acquisition in Washington, Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, has announced the $28.15 million ($268,000 per unit) purchase of Sundance – a...
Waterton Announces Their Acquisition of 347-unit Apartment Community G12 in Los Angeles
Waterton, a national real estate investor and operator, announced it has acquired the G12, a 347 unit mid-rise apartment community in downtown Los Angeles (DTLA). “G12 is an excellent addition to our portfolio,” said Jeremy...
Legacy Partners and DWS Break Ground on 346-Residence Apartment Community Legacy Ontario in California
Legacy Partners (“Legacy”), a privately held national real estate firm, partnered with DWS Group (“DWS”), a leading global asset manager, to announce the start of construction for a 346-unit residence apartment community to be...
Marcus & Millichap Brokers $85M San Fernando Valley Multifamily Portfolio Sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the all-cash sale of a 596-unit, 16-parcel multifamily portfolio in the San Fernando Valley. “The...
Institutional Property Advisors Brokers Sale of Multifamily Asset Woodside Terrace in the San Gabriel...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodside Terrace, an 85-unit apartment property in Alhambra, California. Woodside Terrace represents the second largest asset sold in Alhambra in the...
Institutional Property Advisors Closes Los Angeles County Multifamily Asset Sale of Los Arboles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Los Arboles, a 158-unit multifamily asset in Artesia, California. “New ownership has the opportunity to reposition Los Arboles over the next...
Shopoff Realty Investments Sells 9.25-Acre Lot, Entitled for 48 Townhomes to Beazer Homes
Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, has sold a 9.25-acre former parking lot to Beazer Homes for $9.8 million. Located in the Midtown submarket of Sacramento, the...
$116M Multifamily Asset Sale of La Vista Apartments in Central California Coast Region Brokered...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of La Vista Apartments, a 460-unit multifamily asset in Santa Maria, California. “The fastest-growing city in Santa Barbara County, Santa Maria is...