EAH Housing Announces the Start of Construction for Lexington Gardens Development in Los Angeles...
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the Western United States, announced it has started construction for Lexington Gardens, a 48-unit affordable housing development in...
Harbor Associates Sells Santa Ana Office Complex on First Street Slated for Residential Conversion...
After securing entitlements to convert a vacant 111,483-square-foot office building at 2020 E. First Street in Santa Ana, California for residential use, Harbor Associates, LLC ("Harbor") has sold the building to publicly traded homebuilder...
PCCP Provides $110M to Refinance High-Rise Multifamily Community Stanza Little Italy in Downtown San...
PCCP, LLC has provided a $110 million senior loan to refinance Stanza Little Italy, a Class A, 270-unit, 22-story multifamily community located at 310 A Street in Downtown San Diego, California.
“We believe Stanza Little...
Berkadia Negotiates Multifamily Property Sale of Edgewood Park in Bellevue Washington
Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Edgewood Park, a 195-unit, garden-style multifamily property in Bellevue, Washington.
Managing Directors Ben Johnson and David Sorensen, Director George Pallis, Associate...
MidPen Housing and Partners Break Ground on 75 Affordable Homes at Casa Roseland in...
Elected officials and public- and private-sector partners gathered here to celebrate the groundbreaking of Casa Roseland, a development of MidPen Housing.
Casa Roseland is part of Tierra de Rosas, a community-led effort to strengthen the...
Community Preservation Partners Acquires 49 Unit Affordable Housing Community Ramona Park in Metro Los...
Community Preservation Partners (CPP) has acquired a 49-unit affordable housing complex in Baldwin Park with plans to make significant renovations and maintain the property as an affordable housing community. The property, Ramona Park, is...
Walker & Dunlop Closes $168M Refinance for Park Sierra a Santa Clarita Community
Walker & Dunlop, Inc. announced that it has arranged a $168 million loan to refinance Park Sierra, a 776-unit, Class B, garden-style apartment building in Santa Clarita, California.
The financing was arranged by Walker &...
Bolour Loan Supports Acquisition and Renovation of West Hollywood Multifamily at 626 North Flores...
Bolour Associates Inc., a privately owned real estate investment, development and finance company, has provided a $5.7 million, 24-month loan in West Hollywood, through its affiliate, BA Debt Fund LLC (BOLOUR). The loan supports...
Colliers Mortgage Arranges $24.6M Construction Loan for Affordable Housing ED1 Project in Koreatown Los...
The Los Angeles Colliers Mortgage Structured Finance Group, led by Jonathan Lee and Shahin Yazdi, arranged $24,600,000 in construction financing on behalf of Kingsley Project LLC, part of the broader Keren Group, for the...
Berkadia Arranges Sale of Multifamily Development Site at 703 Third Street in Marin County
Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of 703 Third Street, a half-acre property entitled for up to 120 multifamily units in San Rafael, California.
Senior Managing Director Brett...
Legacy Partners and DWS Break Ground on 200-Residence Apartment Community in Torrance
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 Soto, a 200-residence apartment community in Torrance,...
Gantry Secures $18M Permanent Refinancing for Spokane Multifamily Property Windsor Crossing
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured an $18 million permanent loan to refinance the Windsor Crossing apartment community in Spokane, Washington.
The duplex-style apartment community includes 224 two-,...
Institutional Property Advisors Closes Multifamily High-Rise Skye Sale in Seattle
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Skye, an 18-story, 371-unit apartment building with 13,300 square feet of street-level retail in Seattle’s Denny Triangle neighborhood.
“Skye is truly...
EAH Housing Celebrates Grand Reopening of Rodeo Gateway
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the Western United States, announced the grand reopening of Rodeo Gateway, a senior housing community in Contra Costa...
JLL Secures $170M Refinancing for Bay Meadows Luxury Multifamily Portfolio in San Mateo
JLL Capital Markets announced that it secured a $170 million first mortgage for Bay Meadows Apartment Collection, a portfolio of four luxury multifamily properties totaling 390 units in San Mateo, California.
JLL worked on behalf...