Kidder Mathews Sells 106-Unit Metro on First in Queen Anne for $42.6M
Metro on First, a 106-unit apartment community in Seattle’s highly sought-after Queen Anne neighborhood, has sold for $42,600,000. Dylan Simon, Jerrid Anderson, and JD Fuller of Kidder Mathews’ Simon | Anderson Multifamily Team represented...
Mountain View Celebrates the Grand Opening of Luxury Apartment Community Avelle
Sares Regis Group of Northern California (SRGNC) and Stockbridge Capital Group are proud to announce the grand opening of Avelle, a premier luxury apartment community at the gateway to Mountain View featuring 203 meticulously...
Safehold Closes Ground Lease for Sacramento Affordable Housing Development The Crawford
Safehold Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of The Crawford, an affordable housing community in the Roseville area...
New Santa Clara Community Passero Now Pre-Leasing
Greystar, a global leader in the investment, development, and management of real estate, announced that Passero, a new apartment community in Santa Clara, is now pre-leasing. Each building features an abundance of amenities, including: a...
CPP Announces Acquisition of Sundance Apartments in Bakersfield California
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has announced the acquisition and planned renovation of Sundance Apartments, an affordable housing complex...
MG Properties Acquires Mixed-Use High-Rise Park 12 Apartments in Downtown San Diego
Locally based MG Properties completed the acquisition of Park 12 Apartments, a 35-story high-rise in downtown San Diego with 43,000 square feet of retail. The $309-million purchase price makes this the largest apartment acquisition...
Belmont Village Senior Living Opens Newest Bay Area Community in Sought-After Bishop Ranch
Belmont Village Senior Living, an award-winning developer, owner and operator of senior housing, announced the opening of Belmont Village San Ramon (1000 Walnut Drive), its fifth Bay Area development and 16th California community, developed...
Sentral Expands into San Diego with Gaslamp Quarter Luxury Short-Term Rental Property
Residential hospitality operator Sentral has added Sentral Gaslamp Quarter, a luxury building with 135 designer-furnished apartments available for any length of stay. The property is jointly owned by Elevate Investment Partners and ESI Ventures. Situated...
Shopoff Realty Investments Secures Financing from Lionheart Strategic Management for 29-Acre Magnolia Coast in...
Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced that it has received a $60.9 million senior mortgage for refinancing existing debt and providing additional funds for the...
Institutional Property Advisors Brokers $46M Inland Empire Multifamily Asset Sale of Rancho Vista Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Rancho Vista Apartments, a 125-unit multifamily asset in Ontario, California. Alexander Garcia Jr., IPA executive managing director stated: “In 2024, the...
Gantry Secures $108.3M of Construction Takeout Financing for San Francisco’s Ventana Residences
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $108.3 million in structured debt to retire maturing construction financing for the Ventana Residences, a 193-unit, Class A multifamily community located...
Wilsonart Surfaces Transform 3Zero3, the Most Sustainable Apartment Building in the World
3Zero3 in Seattle, is the world’s first net-zero residential high-rise, meaning that the energy emitted by the building equals the energy produced by the building, resulting in a net-zero carbon footprint thanks to sustainable...
FCP Closes $16.7M in Preferred Equity for 320-Unit Multifamily Development Royal Palm at Nona...
FCP® has closed on a $16.7 million preferred equity investment through its Structured Investments platform to finance Royal Palm at Nona, a 320-unit, Class A multifamily development adjacent to Lake Nona in Orlando, Florida. "FCP...
Cushman & Wakefield Advises on $22M Sale and Arranges Financing, Greystone provides $13.3M Acquisition...
Cushman & Wakefield and Greystone jointly announced the firms have assisted the sale and provided acquisition financing, respectively, for Hawthorne Apartments in Seattle, Washington. Cushman & Wakefield’s Dylan Roeter, Tim McKay, Dan Chhan, and Matt...
Kidder Mathews’ Simon Anderson Multifamily Teams Expands with Two New Brokers, Elijah Piper and...
The Simon Anderson apartment brokerage team at Kidder Mathews has expanded with the addition of Vice President Elijah Piper and Associate Tony Herrmann. While the team is based in Seattle, Elijah Piper and Tony Herrmann...