Pacific region

BH Properties (BH) has launched a new investment initiative into affordable housing with a  goal of ultimately building a $1 billion portfolio of assets. The new initiative will be led by veteran affordable housing...

CBRE arranged the sale of a 17-unit multifamily property in Westminster, Calif. The sale price was $6 million, representing $352,941 per unit and $415 per square foot. CBRE’s Executive Vice President Dan Blackwell and Senior Associate Andrew Boukather...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully closed six multifamily transactions in the Bay...

As part of a statewide initiative to remediate its housing shortage, the state of California has mandated that the city of Costa Mesa zone for 11,760 new units of housing by 2029. To this...

Nadel Architecture + Planning, one of Los Angeles’ premier architecture and design firms, announces the phase one completion of The Rise Koreatown, a 688,000 square-foot, seven-story mixed-use residential and retail project located in the...

Newmark Group, Inc. (Newmark), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for...

CBRE announced the sale of two multifamily apartment communities totaling 38 units and $12.12 million in Orange County, Calif., in the completion of a 1031 exchange.   CBRE’s Executive Vice President Dan Blackwell, First Vice...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Aria, a 102-unit, transit-oriented, boutique multifamily property with 2,161 square feet of retail space in Redmond, Washington. The...

CBRE announced the sale of 22501 Hawthorne Boulevard, a 3.82-acre redevelopment site in Torrance, California, to Intracorp Homes, for $21 million. The CBRE team of John Read, Greg Sullivan and Trent Steeves represented the seller,...

Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento,...

CBRE announced the sale of a 14-unit multifamily community in Anaheim, Calif., to a private investor for $5.9 million, marking one of the highest prices per unit sale in the city of Anaheim.   CBRE’s...

JLL Capital Markets announced that it closed on the sales of three value-add, garden-style multihousing assets in Silicon Valley, including the 72-unit Appletree in Campbell, California, the 68-unit Vista Pointe and 50-unit Cedartree in...

CBRE announced the sale of a 30-unit multifamily community in Westminster, Calif., to a private investor for $10 million.  CBRE’s Executive Vice President Dan Blackwell and Senior Associate Andrew Boukather represented the buyer and seller...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $6,400,000 loan for the refinancing of Rancho Coronado Condominiums, a multifamily property located at 740-798...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Lakes Apartments, a 265-unit multifamily property in Bellevue, Washington. The sale was brokered by IPA’s Giovanni Napoli, Philip Assouad,...