Monday, March 18, 2024

Pacific region

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

BCT Development

Bain Capital Real Estate and Cherry Tree Capital Partners Form Joint Venture ‘BCT Development’...

Bain Capital Real Estate and Cherry Tree Capital Partners announced the formation of BCT Development, a strategic joint venture focused on the ground-up development of premier rental townhome communities throughout Southern California. The joint...
Broadstone Edition

KTGY and Alliance Residential Announce Completion of Broadstone Edition in Irvine California

KTGY and Alliance Residential have announced the completion of Broadstone Edition, a community with 264 for-rent apartments in Irvine, California. KTGY's design addresses the diverse housing demands in the Orange County area with a mix...
12 Panoramic Way

JLL Arranged the Acquisition Financing of the 13-Unit, Six-Story 12 Panoramic Way in Berkeley...

JLL Capital Markets announced that it has arranged the $5.2 million acquisition financing for 12 Panoramic Way, a 13-unit, six-story student housing community located near the campus of University of California, Berkeley. Built in 1948,...
Chase Village

JLL Arranged the Refinancing for the 536-Unit Chase Village in Eugene Oregon

JLL Capital Markets announced that it has arranged the $80.5 million refinancing of Chase Village, a 536-unit, garden-style multi-housing community located in Eugene, Oregon. JLL worked on behalf of the borrower, Horizon Realty Advisors, to...
North Park Road

Kidder Mathews Sells Spokane Valley Apartment Complex on North Park Road for $775,000

Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, represented the seller in the sale of an eight-unit apartment complex located on North Park Road in Spokane Valley...
Prado

Joint Venture of PCCP, LLC and Alliance Residential Acquires 251-Unit Apartment Property Prado in...

A joint venture of PCCP, LLC and Alliance Residential has acquired Prado, a 251-unit, mid-rise apartment community located at 3560 Rambla Place in Santa Clara, California for $125 million ($498,000 per unit). “PCCP is pleased...
Cobalt Apartments

JLL Arranged Acquisition Financing for a 135-unit Cobalt Apartments in Culver City California

JLL Capital Markets announced that it secured acquisition financing for Cobalt Apartments, a 135-unit multi-housing asset with 14,754 square feet of ground floor retail in Culver City, California. JLL represented the buyer, Helio Group, in securing...
Vantage Point

Mogharebi Group Secures $16.5M for Sale of Bakersfield California Vantage Point Apartment Community

The Mogharebi Group (TMG) has arranged the $16.5 million sale of Vantage Point Apartments, a 144-unit multifamily community in Bakersfield, California. Senior Vice President Mark Bonas represented the buyer, a Central Valley-based investor, in...
Creekside Park

Marcus & Millichap Closes $46.95M Napa Valley Multifamily Sale Creekside Park

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Creekside Park I and II, a 188-unit, two-property multifamily portfolio in...
The Victor

The Mogharebi Group Secured $30M Sale of The Victor Multifamily Community in Fresno County

In the largest multifamily transaction to close in Fresno in nearly two years, The Mogharebi Group has successfully secured the sale of The Victor, a 232-unit multifamily community for close to $30 Million. Senior Vice...
Allesandro Apartments

JLL Arranged the Joint Venture Equity for the 43-unit Allesandro Apartments Project in Los...

JLL Capital Markets announced that it has arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multi-housing project in the Echo Park neighborhood of Los Angeles, California. JLL represented the Sponsor, A.J....
The Biltmore at Thousand Oaks

Institutional Property Advisors Brokers $153M Sale of Oakview Apartments and The Biltmore in Ventura...

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the $153 million sale of a two-property, 409-unit multifamily portfolio in Ventura County, California. The properties are 242-unit Oakview Apartment...
Lemon Grove

New Multifamily Complex in San Diego County’s Lemon Grove Neighborhood Nears Completion

Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion, bringing much needed housing to a rapidly growing San Diego County neighborhood. Owned and developed by LLJ Ventures...
Regency Palms

BWE Secures $224.6 Million for Six-Property Apartment Portfolio Including Regency Palms in Orange County...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $224,699,000 in financing for a six-property, 1,192-unit multifamily portfolio in Orange County, California, part of the Greater Los Angeles area....
Legado at the Met

Legado Companies and Gantry Secures $128M in Construction Financing for Legado at the Met...

Legado Companies and Gantry, the largest independent commercial mortgage banking firm in the U.S., have obtained $128 million of construction-to-permanent financing in three tranches, from three separate lenders, for the development of the Legado...
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