AMCAL Housing Nabs $101M Refinancing on 335-Unit The Clarendon Multifamily Community in Woodland Hills
AMCAL Housing and Gortikov Capital has obtained a $101 million refinancing loan on The Clarendon, a 335-unit, Class A multifamily property in the western San Fernando Valley community of Woodland Hills. Developed in 2020, The...
Institutional Property Advisors Brokers $62M AVA North Hollywood Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of AVA North Hollywood, a 156-unit multifamily property with 11,000 square feet of ground floor retail in the NoHo Arts District of Los...
Advanced Real Estate Adds 68-Unit Beachpoint Apartment Community to Its X Fund
Advanced Real Estate has acquired Beachpoint, a 68-unit multifamily asset in Huntington Beach, in a recent $25 million purchase. The property, which includes a 12k square feet multi-tenant office building, will be added to...
Santa Cruz County and MidPen Housing Celebrate Grand Opening of 57 Affordable Homes at...
Community partners and public- and private-sector stakeholders gathered to celebrate the grand opening of Bienestar Plaza Apartments, a development of MidPen Housing. Resident amenities include a community room with kitchen, a learning center, a multipurpose...
JLL Capital Markets Arranges $2.53M Refinancing for The Madison Apartments in San Diego
JLL Capital Markets announced that it has arranged a $2.53 million refinancing for The Madison Apartments, a 12-unit, newly renovated multifamily community in San Diego, California. Working on behalf of the borrower, Pace Properties, JLL...
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...
R.D. Olson Construction Announces Completion of Affordable Housing Complex West Carson Villas in Los...
R.D. Olson Construction, an award-winning general contracting firm in California, has announced completion of the $42.5M West Carson Villas, their first project for client PATH Ventures, a nonprofit affordable housing developer and service provider. PATH...
JLL Led the $5M Financing Efforts for 330 S. Home Street in Oceanside California
JLL Capital Markets announced that it has arranged a $5.11 million refinancing for 330 S. Home Street, a 21-unit multifamily community in Oceanside, California. JLL worked on behalf of the borrower, a joint venture between...
Gantry Arranges the $4.3M Refinancing of Vintage Parkside La Palma Apartments in Anaheim
Gantry secured a $4.3-million permanent loan to refinance the Parkside La Palma Apartments located at 1000 E La Palma Ave in Anaheim, California. Principal George Mitsanas, director Stefan Malmlund and associate Keegan Bridges with Gantry’s...
Legacy Partners Begins Leasing First Phase of Eastline Grand in Downtown Redmond Washington
Legacy Partners (“Legacy”), a privately held national real estate firm, and joint venture partner Lionstone Investments, announced the completion of construction and start of leasing for Eastline Grand, the first phase of the redevelopment...
Cityview and Greystar Sell Silicon Valley Multifamily Project Elan Mountain View
Cityview, a premier multifamily investment management and development firm, and Greystar, a global leader in the investment, development, and management of real estate, have sold a 164-unit mixed-use project in Mountain View, California. Elan...
CPP Acquires Affordable Senior Property Corinthian House in San Jose California
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Corinthian House, a senior development in southwest San Jose, California. San Jose and nearby Silicon Valley have...
CBRE Arranges Sales of Two Multifamily Properties in San Clemente California Located on Cazador...
CBRE announced the sales of two six-unit multifamily properties in San Clemente, California to individual private investors, resulting in a combined sale price of $5,545,000. The properties are located at 239 Avenida Pelayo and...
Veteran Multifamily Broker Angelo Baglieri Joins Marcus & Millichap in San Francsico
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced that San Francisco multifamily specialist Angelo Baglieri has joined the firm’s San Francisco office...
LandSouth Breaks Ground on Tuscany Village Apartment Community Near Orlando
LandSouth Construction, a Jacksonville-based award-winning general contractor, has broken ground and started construction on Tuscany Village, the largest multifamily residential development to date in Sanford, Florida. The developer of the 420-unit apartment community is Royal...