Tower 16 Capital Partners acquires a 330-unit multifamily property in the Inland Empire for...
San Diego-based Tower 16 Capital Partners has acquired Sorelle Apartments, a 330-unit multifamily property located in Moreno Valley, Calif., for $85 million. The Sorelle Apartments project was built in 1986 and was acquired from...
TWG Breaks Ground on Affordable Seniors Property Ardea at Totem Lake with Amazon Funding...
TWG Development held a groundbreaking event for its first seniors-only affordable housing property in Washington state. Upon completion, Ardea at Totem Lake will provide 170 new homes for older low- and middle-income residents at...
Max Benjamin Partners Secures $16.5M Loan for the Construction of 10th and Robinson a Multifamily...
Max Benjamin Partners (MBP), a boutique real estate advisory firm that provides innovative capital solutions to developers and investors, announced that it has secured a $16.5 million loan for the construction of 10th &...
HFF arranges financing for mixed-use development in San Diego’s Scripps Ranch
HFF announces it has arranged financing for the development of Carroll Canyon, a luxury residential and retail mixed-use development in San Diego’s affluent Scripps Ranch community.
HFF worked on behalf of Sudberry Properties to arrange...
Robust Business Throughout the U.S. Reflected in Standard Communities’ Office Expansion and Staff Growth
Standard Communities, a leading national affordable housing developer and investor, has expanded its principal offices and added staff reflecting robust business.
Standard is one of the 20 largest owners of affordable housing in the...
Cushman & Wakefield Arranges Over $25M of Construction Financing for Saltese Creek, a 192-Unit...
Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to Hawkins and its partners in arranging $25.345 million of construction financing for the development of Saltese Creek, a...
Gantry Secures $11M Permanent Loan to Refinance Washington Multifamily Community Grandview Place Apartments
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $11 million permanent loan to refinance maturing debt for the Grandview Place Apartments located in Camas, a suburb of East...
Levin Johnston directs two multifamily transactions totaling $23.4 million in California’s high-demand east bay...
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 successfully directed the sale of two multifamily communities...
PCCP, LLC provides senior loan for the acquisition and renovation of a 180-unit apartment...
PCCP, LLC has provided a senior loan to a joint venture between funds managed by Oaktree Capital Management, L.P. and Security Properties for the acquisition and renovation of River Ridge Apartments located at 17865...
Studios435 establishes market for luxury studio apartments in downtown San Diego
As Studios435 approaches its first anniversary, the community is 90 percent leased, demonstrating a robust market for luxury micro-apartments in downtown San Diego. Located at 435 13th St., the housing community opened in July...
KTGY Architecture + Planning garners top honors at 2018 BIA Bay Area Excellence in...
The Oakland office of KTGY Architecture + Planning was honored at the 2018 Building Industry Association (BIA) of the Bay Area’s Excellence in Home Building Awards program held on Friday evening, April 20, 2018,...
Gelt Venture Partners Acquires 125-Unit Apartment Property for $63.15 Million in Placentia, California
Gelt Venture Partners, LLC is pleased to announce it has acquired Union Place for $63.15 million. The 125-unit apartment property is located at 1500 Cherry Street in Placentia, CA (north Orange County).
Built in 2012,...
Once booming San Francisco apartment market goes in reverse
The apartment vacancy rate in San Francisco rose to 6.2 percent in May, according to apartment data firm RealPage. That’s up from 3.9 percent only three months ago, after stay-at-home orders went into effect...
Kidder Mathews arranges record-breaking sale of multifamily property in Sherman Oaks
An eight-unit apartment property at 4737 Kester Avenue in Sherman Oaks, California has sold for $3,600,000. This marks a record-high price-per-unit for a rent-controlled apartment building in the 91403 zip code. Kidder Mathews’ Michael...
Walker & Dunlop Facilitates $113M Sale of Multifamily Community Franklin 299 in the Bay...
Walker & Dunlop, Inc. facilitated the $113 million acquisition financing for Franklin 299, a Class A multifamily community in Bay Area Redwood City, California.
The Walker & Dunlop Multifamily Finance team, led by Jeff Burns,...
