MidPen Housing and Partners Celebrate Completion of 147 Affordable Homes at Midway Village in...
Elected officials and public- and private-sector partners gathered here for a dual celebration: MidPen Housing’s grand opening of 147 affordable homes at Midway Village I and groundbreaking of 113 affordable apartments and a state-of-the...
Marcus & Millichap Capital Corporation Arranges $4.6M Financing for San Diego Multifamily Property Hillside...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $4.6 million for the refinancing of Hillside Villas, a 38-unit multifamily property in San Diego, California.
Chad...
The Sobrato Organization Closes $193M Purchase of Soma Towers in Bellevue
The Sobrato Organization has closed on a major residential buy in the Pacific Northwest, paying $192.85 million for Soma Towers, a 273-unit ($706.4k/unit) multifamily community in Bellevue, Washington.
Located at 288 106th Avenue NE in...
Lendlease Reveals First Look at Habitat Residences in Los Angeles
Lendlease, a leading integrated real estate and investment management group, together with joint venture partner Aware Super, one of Australia’s largest superannuation funds, unveiled the name and new renderings for Habitat Residences, a 12-story,...
Raintree Partners Invests Over $225M in San Diego Housing Market with Three-Property Multifamily Portfolio
Investing over $225 million in the San Diego housing market, Raintree Partners – a private multifamily investment company – is developing three new contemporary Class A multifamily communities in San Diego County. Totaling 498 units,...
Montgomery Partners Enters Pacific Northwest Market with $9M Acquisition of Tigard Apartment Complex Westwood...
Montgomery Partners announced its entrance into the Pacific Northwest with the $9M acquisition of Westwood Green, an eight-building, two-story garden-style apartment complex in Tigard, Oregon.
Located just 20 minutes from downtown Portland, between Beaverton and...
Landmark Properties Partners with Stockbridge to Acquire Two Los Angeles Student Housing Communities
Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, with Stockbridge, a real estate investment management firm, has acquired two student housing...
WNC Closes $119M Institutional Tax Credit Fund to Boost Affordable Housing Across California
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund X California Series 22, L.P. (CA22) which includes...
EAH Housing Announces the Start of Construction for Lexington Gardens Development in Los Angeles...
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the Western United States, announced it has started construction for Lexington Gardens, a 48-unit affordable housing development in...
Harbor Associates Sells Santa Ana Office Complex on First Street Slated for Residential Conversion...
After securing entitlements to convert a vacant 111,483-square-foot office building at 2020 E. First Street in Santa Ana, California for residential use, Harbor Associates, LLC ("Harbor") has sold the building to publicly traded homebuilder...
PCCP Provides $110M to Refinance High-Rise Multifamily Community Stanza Little Italy in Downtown San...
PCCP, LLC has provided a $110 million senior loan to refinance Stanza Little Italy, a Class A, 270-unit, 22-story multifamily community located at 310 A Street in Downtown San Diego, California.
“We believe Stanza Little...
Berkadia Negotiates Multifamily Property Sale of Edgewood Park in Bellevue Washington
Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Edgewood Park, a 195-unit, garden-style multifamily property in Bellevue, Washington.
Managing Directors Ben Johnson and David Sorensen, Director George Pallis, Associate...
MidPen Housing and Partners Break Ground on 75 Affordable Homes at Casa Roseland in...
Elected officials and public- and private-sector partners gathered here to celebrate the groundbreaking of Casa Roseland, a development of MidPen Housing.
Casa Roseland is part of Tierra de Rosas, a community-led effort to strengthen the...
Community Preservation Partners Acquires 49 Unit Affordable Housing Community Ramona Park in Metro Los...
Community Preservation Partners (CPP) has acquired a 49-unit affordable housing complex in Baldwin Park with plans to make significant renovations and maintain the property as an affordable housing community. The property, Ramona Park, is...
Walker & Dunlop Closes $168M Refinance for Park Sierra a Santa Clarita Community
Walker & Dunlop, Inc. announced that it has arranged a $168 million loan to refinance Park Sierra, a 776-unit, Class B, garden-style apartment building in Santa Clarita, California.
The financing was arranged by Walker &...