CBRE Arranges Sale of Multifamily Property on South Street in Anaheim
CBRE announced the sale of a seven-unit multifamily property located at 406 East South Street in Anaheim, California to a private investor for $2,525,000. The selling price represents $360,714 per unit and $388 per...
Berkadia arranges sale and financing of apartments near Olympia, Washington
Berkadia announces it has arranged the sale and financing of Dakota Apartments, a 156-unit, garden-style apartment community located approximately six miles outside of the state capital of Olympia, Washington. Senior Directors Ben Johnson and...
Trion Properties successfully sells two upgraded west coast multifamily assets totaling 108 units
Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments along the west coast, recently sold two renovated multifamily communities totaling 108 units in Los Angeles, California, and Beaverton, Oregon,...
Joint venture purchases Harbour Court Apartments in Portland
JLL Capital Markets announced that it handled the sale of Harbour Court, a 99-unit apartment community in Portland, Oregon.
JLL represented the seller, Harbour Court Owner LLC, an affiliate of the ConAm Group, in completing...
Landlords sue to end state’s eviction ban
Two landlords filed a lawsuit challenging California courts’ refusal to hear eviction proceedings. In its response to the COVID-19 pandemic, the agency that oversees California’s courts declared that courts would not consider eviction cases...
Institutional Property Advisors Brokers $60M Seattle Area Multifamily Asset Sale Atrium on James
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Atrium on James, a 300-unit multifamily asset in Kent, Washington. The property sold for $60.5 million, or $201,667...
Kidder Mathews Announces the $11.9M Sale of Clara Flats Near Vancouver Washington
Kidder Mathews is pleased to announce the sale of Clara Flats, a 30-unit mixed-use apartment building, for $11,900,000.
Located at 608 NE Birch Street, the buildings overlook the historic downtown of Camas and feature mountain...
Raintree Partners acquires portfolio of five Southern California multifamily properties totaling 551 units for...
Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million.
The properties...
Fore Property strengthens its Southern California presence with opening of two new multifamily communities
Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the formal opening of two new multifamily communities: Arte in Rancho Cucamonga and Las Positas in Camarillo. Developed and constructed...
MBK Rental Living Sells Santa Maria Apartment Community Azure
MBK Rental Living has successfully executed the sale of Azure, a 318-unit, luxury garden-style apartment community in Santa Maria, California.
Developed by MBK Rental Living and opened in September 2020, the luxury apartment community consists...
GPI Companies Completes Acquisition of 292-Unit The Lofts at NoHo Commons in North Hollywood
GPI Companies has completed the acquisition of The Lofts at NoHo Commons, a 292-unit, Class A podium-style multifamily project in North Hollywood, California.
The Lofts at Noho Commons is a unique, low-density project with a...
Greystar and Provident Acquire Two UW Student Housing Properties, Nordheim Court and Radford Court
Greystar Real Estate Partners, LLC has secured $183 million in tax-exempt bond financing and completed the acquisitions of Nordheim Court and Radford Court, two on-campus communities at the University of Washington.
Nordheim Court and Radford...
Marcus & Millichap Closes $71M Sale of Affordable Housing Asset Moreland Apartments in Silicon...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Moreland Apartments, a 160-unit affordable housing asset in San Jose, California....
$32.15 million sale completed for Courtyard at Cedar Hills near Portland
JLL Capital Markets announced that it closed the $32.15 million sale of Courtyard at Cedar Hills, a 145-unit value-add multihousing community located in Beaverton, Oregon, a prime suburban growth market just seven miles from...
MBK Rental Living sells Blue Oak Multifamily Community in California’s Central Coast
MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...
