Monday, December 23, 2024

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Boyle Heights community

East LA Community Corporation Launches Transitioning to All-Electric Energy Across Housing Portfolio

As part of its mission to enhance housing sustainability and improve public health in the Boyle Heights community of Los Angeles, the East LA Community Corporation (ELACC) is transitioning to an all-electric energy system...
Pique

Gilbane Development Company Breaks Ground on Pique, an Innovative Purpose-Built Student Housing Project in...

Gilbane Development Company announces the groundbreaking of Pique, a new purpose-built student housing development located at 2587 Telegraph Avenue in Berkeley, California. Pique will transform the former Buffalo Exchange store into an eight-story residential building...
Mission Gorge

JLL and Impact Housing Completes Construction Loan and Preferred Equity for Affordable Housing Multifamily...

JLL Capital Markets and Impact Housing announced that they have arranged $112.225 million in financing for Mission Gorge, a modular, affordable housing multifamily development in San Diego, California. JLL worked on behalf of the borrower,...
Copper Ridge

Institutional Property Advisors Brokers $70M Suburban Seattle Multifamily Asset Sale of Copper Ridge Apartments

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Copper Ridge Apartments, a 325-unit multifamily property in Renton, Washington. “Located in the Talbot Road submarket, which boasts some of the...
Summerwood

Institutional Property Advisors Brokers $203M Sale and Arranges $127.8M Financing for Silicon Valley Multifamily...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Summerwood Apartments, a 468-unit multifamily property located at 444 Saratoga Avenue in Santa Clara, California. The property sold for...
AVA Ballard

AvalonBay Communities Announces $105.5M Sale of Multifamily Community AVA Ballard in Seattle

AVA Ballard, a 265-unit multifamily community in Seattle, has traded hands in a recent transaction worth $105.5 million, or $398k/unit. The asset, located at 5555 14th Avenue NW, was sold by AvalonBay Communities. AVA Ballard,...
2300 Elliott

Bascom Group Acquires 92 Waterfront Apartment Units at 2300 Elliott in Seattle’s Highly Desirable...

The Bascom Group, LLC ("Bascom") has acquired 2300 Elliott, a 92-unit multifamily community located in the high-growth city of Seattle, Washington. Jamie Kline and Annie Rice with JLL arranged debt financing for the buyer. Chad...
Apollo

Joint Venture of Cityview and Stockbridge Announce Topping Out at Multifamily Community Apollo in...

Cityview and Stockbridge have topped out construction on Apollo, a 265-unit community at 12888 Crenshaw Boulevard in Gardena, California. “Apollo is bringing more than 250 units of much-needed housing to one of the fastest growing...
17188 Chatsworth

Priority Capital Advisory Arranges $18M in Construction Financing for ED1 Affordable Housing Project at...

Priority Capital Advisory, a Los Angeles-based premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, has secured $18 million in senior debt financing for the construction of...
Vista Imperio

Joint Venture Acquires 158-Unit Multifamily Community Vista Imperio in Riverside

Western National Group (WNG) announces the acquisition of Vista Imperio, a 158-unit garden-style multifamily community built in 2005 located in Riverside, California. Vista Imperio was acquired in a joint venture partnership with Sagard Real Estate,...
El Jugador

JLL Arranges Financing for Coastal Multifamily Property Sale of El Jugador in Southern California

JLL Capital Markets announced that it has secured a $4 million acquisition financing for El Jugador, a 15-unit multifamily property located in Oceanside, California. JLL worked on behalf of the borrower, ORKA Holdings, to arranging...
Sterling Pointe Apartments

Marcus & Millichap Facilitates the $13.5M Sale of Sterling Pointe Apartments Near Sacramento

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, finalized the sale of Sterling Pointe Apartments, a 57-unit apartment property located in Davis, California...
Axle

Kennedy Wilson-Managed Fund Spends $110M on Two-Property Pacific Northwest Multifamily Portfolio Including Axle and...

A real estate fund managed by Kennedy Wilson has acquired two multifamily communities -- Axle, a 226 multifamily community in Seattle and Denizen, a 212-unit multifamily community in Portland – for a total of...
Quail Park at Shannon Ranch

Northmarq Arranges the $30M Refinancing of Senior Living Asset Quail Park at Shannon Ranch...

Northmarq’s Seattle Debt + Equity team led by managing director Stuart Oswald arranged the $29.5-million refinance of Quail Park at Shannon Ranch, a 120-unit independent living, assisted living and memory care community located at...
Pure Beach Living

CBRE Announces $20M Sale of Multifamily Asset Pure Beach Living in Carlsbad

Dunbar Residential Investments, in partnership with Long Wharf Capital, acquired Pure Beach Living (formerly known as Tamarack Sands Apartment Homes), a 40-unit residential property in Carlsbad, California for $20.9 million ($522.5k/unit). The community offers all...
Yield PRO