CBRE Arranges Sale of Woodstone Apartments in Bothell Washington Near Seattle
Woodstone Apartments, a 124-unit apartment community in Bothell, Washington traded hands in a $34.75 million ($280k/unit) transaction. The asset was sold by Security Properties. Built in 1989, Woodstone Apartments is located at 16520 North Road...
Marcus & Millichap Arranged the Sale of 319 N. Westlake Avenue in the Echo...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, arranged the sale of 319 N. Westlake Avenue, a fourteen-unit apartment property located in the...
American Capital Group and Clarion Form Joint Venture for Lynnwood Multifamily Project Enso
American Capital Group and Clarion Partners have created a joint venture to develop Enso, a 316-unit multifamily project in Lynnwood, Washington. Pacific Life Insurance Company served as the construction lender for the development, with construction...
San Diego’s First Multi-Mixed-Use Tower West Continues Leasing Apartments, Retail, and Office Space
West is a $400 million, 37-story mixed-use project located at 1011 Union Street in downtown San Diego. As the first multi-mixed-use tower in the city, the skyline-changing project features 289k sf of office space, 10k...
Kidder Mathews Arranges $4.2M Sale of 19-Unit Apartment Building on New Hampshire Avenue in...
Kidder Mathews is pleased to announce the sale of 252 S. New Hampshire Avenue, a 19-unit multifamily property in Los Angeles, for $4,237,000. The company’s Mark Ventre, Darin Beebower, and Dakoda Iversen represented 252 New...
Northmarq’s Seattle Office Arranges $17.8M Refinance for Boxcar Apartments
Managing Director Bob Spiroof Northmarq’s SeattleDebt + Equity team successfully refinanced an existing Fannie Mae loan for Boxcar Apartments in Seattle, Washington. Northmarq arranged the $17,839,500 permanent fixed rate loan on behalf of the borrower,...
JLL Secures Acquisition Financing for the Van Mall Retirement Senior Living Community in Vancouver...
Van Mall Retirement, a 191-unit senior living community located in Vancouver, Washington was purchased by a Pacific Northwest-based owner/operator in a $28 million ($146.6k/unit) transaction. The asset was sold by Lytle Enterprises. Van Mall Retirement...
Innovative Housing Opportunities and C&C Development Announce Completion of Carlsbad Affordable Housing Community Pacific...
SoCal-based affordable housing developers Innovative Housing Opportunities (IHO) and C&C Development (C&C) have completed Pacific Wind, a new 89-unit affordable housing community that replaced 22 1950s era duplexes in the city of Carlsbad, California. Pacific...
Värde Provides $105M Loan for Newly Developed California Multifamily Property Artisan Crossing
Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, announced that it has provided Windy Hill Property Ventures, a firm specializing in real estate development in the Greater Bay...
Kidder Mathews Arranges $7M Sale of Multifamily Portfolio in Pasadena
Kidder Mathews is pleased to announce the sale of three multifamily properties located in Pasadena, California for a combined total of $7,000,000: 174 North Mar Vista Avenue (12 units) sold for $2,674,000. The property was...
Western National Property Management to Manage New 330-Unit Luxury Multifamily Community Millennium Apartments in...
Western National Property Management (WNPM), a seasoned property management firm that specializes in multifamily communities and commercial properties across Southern California and Nevada, has been selected by Metonic Real Estate Solutions to professionally manage...
Gelt Venture Partners Acquires 148-Unit Multifamily Property Rancho Hills Apartments for $53.5M in Vista...
Gelt Venture Partners, LLC (GVP) is pleased to announce it has acquired Rancho Hills Apartments for $53.5 million. The 148-unit apartment property is located at 856 Heatherwood Lane in Vista, California (north San Diego...
MMCC Arranges $3.4M Acquisition Financing for Multifamily Property on F Street in Santa Barbara...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $3,412,500 for the acquisition of a 30-unit multifamily property located at 701-717 N. F Street in Lompoc, California. Ron Balys,...
Gantry Secures $40M Permanent Loan to Refinance Seattle Class A Multifamily Community Mercer Apartments
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40 million permanent loan to refinance The Mercer Apartments, a Puget Sound community positioned between Seattle and Bellevue, Washington. The mixed-use...
Walker & Dunlop Arranges $167M Sale of Trophy Apartments Millennium PQ in San Diego
Walker & Dunlop, Inc. arranged the $167,000,000 sale of Millennium PQ, a trophy suburban core multifamily community comprising 331 units across 5 stories. The property was constructed in 2022 and is pet friendly with some...