Molly Turner elected to Bridge Housing Board of Directors
Molly Turner has been elected to the Board of Directors of BRIDGE Housing, a leading nonprofit developer, owner and manager of affordable housing.
Turner, an expert on technology startups and cities, is a lecturer at...
$75 million in refinancing secured for Long Beach multihousing community
JLL Capital Markets announced that it has arranged the $75 million refinancing for The Landing at Long Beach, a 206-unit garden-style apartment community in Long Beach, California.
JLL represented the borrower, Silver Star Real Estate,...
Multifamily green retrofit case study
First, an energy and water consumption assessment was commisioned. Simcoe Consulting was designated.
The County of San Diego had just raised the drought warning to a level two for the City of San Diego, and...
The great shrinking state
Unable to afford Orange County's skyhigh rents, she opted for Portland, Ore. "A big motivator was that I lived with roommate after roommate after roommate," said McCluer, 30. "Friends said you could probably live...
Celebrity magnet El Royale tower sells for record price
The 12-story building at 450 N. Rossmore Ave. was built in 1929 for the Hollywood crowd and early residents included Clark Gable, William Faulkner and Loretta Young. It was designed in a mix of...
Stepp Commercial completes $3,025,000 sale of a value-add, 8-unit apartment property in prime West...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3,025,000 sale of an eight-unit, value-add apartment property located at 1237 N. Orange Grove in the Los Angeles submarket...
Marcus & Millichap arranges sale and financing for multifamily property in Brea, California
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and financing of Birch Terrace Apartments, a multifamily property located at...
PCCP, LLC provides $268.4 million in financing for the acquisition of The Grace and...
PCCP, LLC announced today it has provided $268.4 million in financing for the acquisition of two newly-built, Class A high rise apartment towers located in downtown Los Angeles, CA. The two properties, known as...
California rolls out organic waste law
A key component of a new California law that will forever change how residents and businesses sort their food scraps and landscaping trimmings took effect Jan. 1 and, so far, Orange County cities are...
Institutional Property Advisors closes $61.6 million sale and arranges financing for suburban Seattle multifamily...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Artesia, a 192-unit apartment property in the Silver Lake neighborhood of Everett, Washington. The asset traded for $61.6...
Shopoff Realty Investments Sells Fully Entitled 141-Unit Townhome Development in Chula Vista
Shopoff Realty Investments announced that the company has successfully sold its 141-unit Moss Street Townhome project to Shea Homes.
The 6.94-acre property is located in Chula Vista, California at the intersection of Moss Street and Industrial...
Seattle urban development site sale closed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of an approximately 17,850-square-foot multifamily development site at 12337 and 12345 30th Ave. NE in Seattle, Washington. The sales price...
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...
The Mogharebi Group brokers $9.25 million sale of 92-unit multifamily community in Monterey County,...
The Mogharebi Group (TMG) has arranged the $9.25 million sale of Plaza Grande, a 92-unit multifamily community in Salinas, Calif. TMG represented the Monterey-based developer-owner of the fully occupied affordable housing community in its...
Newmark secures $947 million loan for Park La Brea Apartments in Los Angeles, California
Newmark Group, Inc. (Newmark), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for...
