Pacific region

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

Queen Anne Gardens

38-unit Queen Anne Apartment building sells for $9.035 million

Queen Anne Gardens, a 38-unit apartment building located at 1250 5th Avenue N. in Seattle, Washington, has sold for $9,035,263. The buyer, Milestone Properties, a Seattle-area apartment investment and management company, acquired the property...
The Abbott

Dunleer sells The Abbott, a six-unit apartment property in Highland Park neighborhood of L.A.,...

Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $2.375 million sale of The Abbott, a fully occupied six-unit apartment property located at 400 N Avenue 54 in the Highland...

Land acquisition and joint venture closes on eight-building, multifamily development project in Chula Vista

The Millenia master plan development has closed on the purchase of land for an eight-building, 480-unit multifamily project in Otay Ranch. The project is a joint venture among MetLife Investment Management, Allstate and Ryan...
Omar Rawi

LPC West taps seasoned veteran Omar Rawi to lead mixed-use efforts in major markets...

In a move to drive its expansion into the mixed-use sector, LPC West announced that real estate industry veteran Omar Rawi is joining the company as Executive Vice President with responsibility for West Coast...
Yusef Freeman

Jonathan Rose Companies appoints affordable housing finance and development veteran Yusef Freeman to head...

In an effort to expand the firm’s West Coast presence, Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has hired affordable housing...
Cottage Club

Dunleer sells The Cottage Club, a charming and iconic rental community in Highland Park...

Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $3.222 million sale of The Cottage Club, an iconic rental community consisting of eight stand-alone cottages located at 336 N Avenue...
The Lakes

Marcus & Millichap’s Levin Johnston team closed San Francisco Bay Area multifamily sale for...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Lakes, a three-story, 102-unit garden-style multifamily asset in Concord, California....

Builder confidence in the 55+ housing market plunges

Builder confidence in the single-family 55+ housing market dropped 30 points to 38 in the first quarter of 2020, according to the National Association of Home Builders'  55+ Housing Market Index released recently. This is the...
Devonshire

Rare value-add 122-unit multifamily portfolio in Granada Hills, CA sells for $25 million

Universe Holdings, a Los Angeles real estate investment company, has purchased a three-building, 122-unit multifamily portfolio in Granada Hills, California, for $25 million. Kidder Mathews commercial real estate investment broker, Janet Neman, represented Universe Holdings...
4001 Nicolet

Levin Johnston completes sale of upgraded 30-unit multifamily community in Fremont, California

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the sale of 4001 Nicolet, a fully...
Callen Apartments

Thayer Manca Residential secures refinancing for South Sound multifamily property

Thayer Manca Residential has secured a $26,800,000, Fannie Mae refinance loan for its Callen Apartments, in Lacey, Washington. The 10-year, 2.99 percent fixed-rate loan includes full-term, interest-only debt service. “The maximally low mortgage payments afforded by...
Armor Collection sale

Marcus & Millichap completed $102 million multifamily portfolio sale in Los Angeles

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the completion of the Armor Collection sale, four multifamily portfolios in Los Angeles, California...
Universe Holdings

Universe Holdings receives $19.71 million in cash out financing secured by seven Inglewood apartment...

Capitalizing on rising property values in its growing portfolio of assets in Inglewood, CA, Universe Holdings has received $19.71 million in cash-out financing secured by seven of its Inglewood multifamily communities. Two separate loans allowed...
299 Thousand Oaks Boulevard

Dekel Capital arranges $59 million in construction financing for multifamily development in Thousand Oaks,...

Dekel Capital, has arranged $59 million in construction financing on behalf of The Latigo Group, which has started work on the first significant multifamily project to be developed in Thousand Oaks, CA since 2007. When...
IPA Capital Markets

IPA Capital Markets arranges $22.36 million multifamily acquisition loan

IPA Capital Markets, a division of Marcus & Millichap Capital Corp., has arranged $22,365,000 for the purchase of an 85-unit multifamily asset in West Covina, California. “We have worked with these borrowers previously on arranging...
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