Thursday, January 30, 2025

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Mercer Apartments

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...
Millennium PQ

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...
The Landing at Saddlerock

JLL Led the Financing Efforts for The Landing at Saddlerock, an 84-unit Property in...

JLL Capital Markets announced that it has arranged $16.88 million in acquisition financing for The Landing at Saddlerock, formally Eleven01 at Saddlerock, an 84-unit, garden-style multifamily community in Wenatchee, Washington. JLL worked on behalf of...
Moreland Apartments

Marcus & Millichap Closes $71M Sale of Affordable Housing Asset Moreland Apartments in Silicon...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Moreland Apartments, a 160-unit affordable housing asset in San Jose, California....
Babak Sammak

Kidder Mathews Expands Expertise with Three Key Additions to Valuation Advisory Services

Kidder Mathews welcomes appraisal team, Babak Sammak, Michael Thiel, MAI and Tommy Stuebe, specialists in market-rate and affordable multifamily properties, to the firm's Valuation Advisory Services in San Diego and Los Angeles. Sammak and Thiel...
Alder Walk

Kidder Mathews Sells 78-Unit Alder Walk Apartments in Puyallup Near Tacoma Washington for $21.25M

Alder Walk, a newly constructed apartment community totaling 78 units in Puyallup, Washington sold for $21,250,000. Dylan Simon, Jerrid Anderson, and JD Fuller of the Simon Anderson Team, a multifamily investment team based at...
Ardella

Tower 16 Capital Partners Secures $128M Refinancing on Ardella Four-Property Multifamily Portfolio

San Diego-based Tower 16 Capital Partners has successfully closed on a $128 million refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across California and Arizona. The new fixed-rate agency loans feature five-year...
404 Avenida Granada

CBRE Facilitates the Sale of Orange County Multifamily Potfolio

CBRE closes three multifamily triplex properties in Orange County, which traded hands in recent deals to separate buyers totaling $7.05 million. The properties include 322 Cypress Drive in Laguna Beach, 205 Ogle Street in...
1965 Market Street

San Francisco Multifamily Tower 1965 Market Street Could Be First Built Under SB 423

Keller Grover Properties, the developer of 1965 Market Street, told San Francisco’s planning department it would attempt to use Senate Bill 423 just days after the city became subject to the streamlining law. 1965 Market...
One26 Vista

Vista Residential Partners, PCCP LLC and Principal Announce Ground Breaking on 9 Acres for...

Vista Residential Partners, a national multifamily development firm, has broken ground on 9 acres on N 72nd Avenue in Vancouver, Washington for the development of One26 Vista, a 238-unit multifamily development. Krevolin & Horst,...
Ascent at the Galleria

Newmark Closes the $56.2M Refinancing for 273-unit for Ascent at the Galleria in Roseville...

Newmark closed a $56.2-million refinance for Ascent at the Galleria, a green-certified, 273-unit multifamily property located in Roseville, California just outside of Sacramento. Executive vice chairman Mitch Clarfield and senior managing director Meghan Varga...
Casa Sueños

BRIDGE Housing Cuts Ribbon on Oakland Affordable Community Casa Sueños in Fruitvale Village

Nonprofit affordable housing developer and manager BRIDGE Housing and social equity development corporation The Unity Council recently hosted dignitaries, partners and community members to celebrate the grand opening of Casa Sueños, a 181-unit affordable...
Rafferty

Toll Brothers Apartment Living and EJF Capital Announce the Opening of Rafferty, a New...

Toll Brothers Apartment Living, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner EJF Capital LLC are pleased to announce the grand opening...
Will Ballowe

Will Ballowe Joins Kidder Mathews’ East Bay Team as VP

Kidder Mathews has hired Will Ballowe as a VP in Pleasanton. With nearly a decade of experience, Ballowe specializes in representing office landlords and tenants across San Francisco’s East Bay market. The company said Ballowe...
Dean Zander

Newmark Adds Multifamily Powerhouse Dean Zander in Century City California

Dean Zander has joined Newmark as vice chairman, based in the Century City office. He brings more than three decades of experience in the multifamily sector throughout Southern California, closing transactions valued at more...
Yield PRO