Institutional Property Advisors brokers North Los Angeles county multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Summit at La Crescenta, a 92-unit apartment complex in La Crescenta-Montrose, California. The property sold for $34,525,000, which...
Luxury San Francisco Peninsula multifamily sale closed by Institutional Property Advisors (IPA) for $88.65...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Township Apartments, a 132-unit apartment asset in Redwood City, California. The sales price is $88.65 million, or $671,591 per unit...
Thayer Manca Residential sells renovated Everett property for $40.2M
Thayer Manca Residential (TMR) has sold Atwater Clearing Apartments in Everett, WA for $40,200,000. Seattle-based TMR purchased the 198-unit, garden style property with a serene lakeside setting in September 2015 for $26,365,000.
With $4,200,000 in...
Stepp Commercial completes $9.325 million sale of 24-unit apartment property in Signal Hill, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $9.325 million sale of a 24-unit apartment property located at 1867 Temple Avenue in Signal Hill, a city completely...
Veteran CRE broker Robin D. Ossenbeck joins Kidder Mathews’ in West LA
Robin D. Ossenbeck has joined Kidder Mathews’ West Los Angeles office as a senior vice president, where she will continue to specialize in multifamily investments.
Ossenbeck is a veteran in commercial real estate with more...
Mill Creek announces groundbreaking of Modera Broadway
Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the groundbreaking of Modera Broadway, a luxury mixed-use apartment community located in Seattle’s Capitol Hill...
Central Coast California multifamily asset sells for $25.25 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Del Sol Apartments, a three-parcel, 121-unit apartment community in Seaside,...
Marcus & Millichap brokers student housing asset sale in Oregon
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ducks Village, a 230-unit, 650-bed student housing asset in Eugene, Oregon.
“This...
Dekel Capital arranges $47.8 million construction loan for multifamily community in Koreatown
Dekel Capital, on behalf of Los Angeles-based CGI Strategies, has arranged $47.8 million in non-recourse construction financing for the development of a 200-unit multifamily community in Los Angeles’ Koreatown neighborhood.
The loan, which was provided...
Stepp Commercial completes $4.05 million sale of The Suites on Lincoln in Santa Monica,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.05 million sale of The Suites on Lincoln, located at 911 Lincoln Boulevard, just south of stylish Montana Avenue...
Decron Properties enters Seattle multifamily market with $173 million apartment buy
In one of the largest multifamily transactions in Seattle this year, Decron Properties has acquired Avana 522 (Avana), a 558-unit multifamily property in Bothell, WA for $173 million. The transaction marks the Los Angeles-based...
HFF arranges $20.5M financing for mixed-use development in Point Loma, California
HFF announces it has arranged $20.5 million in financing for The Californian, a luxury residential and retail mixed-use development in the coastal San Diego submarket of Point Loma, California.
HFF worked on behalf of Murfey...
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...
Pembrook provides $15.35 million first mortgage loan for acquisition and renovation of Parkwood Apartments...
Pembrook Capital Management LLC (Pembrook), one of the nation’s leading bridge lenders for affordable housing, provided a $15.35 million first mortgage loan for the acquisition of Parkwood Apartments, a 90-unit multifamily property located at...
JLL announces $58M sale and $37.7M financing of Tupelo Alley in Portland, Oregon
JLL announces that it has closed the $58 million sale and $37.7 million financing of Tupelo Alley, a mixed-use community with 188 apartments units and 10,000 square feet of retail in the heart of...