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...
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...
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....
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...
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...
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...
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...
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...
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,...
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...
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...
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 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...
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...