Thursday, January 30, 2025

Pacific region

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

Howland Street

Marcus & Millichap Announces $3.2M Acquisition Loan for Multifamily Property on Howland Street in...

Marcus & Millichap Capital Corporation (MMCC) arranged $3,185,000 in financing for the purchase of a multifamily property located at 280 Howland Street in Redwood City. Chad O’Connor, executive managing director in MMCC’s San Diego office,...
Luxe Villas

Gortikov Capital Secures $49M Loan for Upscale Multifamily Property Luxe Villas in L.A.’s Brentwood...

Gortikov Capital has secured a $49.5 million floating rate senior bridge loan on Luxe Villas, a Class A multifamily building in the upscale Los Angeles neighborhood of Brentwood. Luxe Villas offers superior unit quality and...
Highlands at Silverdale

Russell Square Secures Temporary Certificate of Occupancy for Highlands at Silverdale Apartments

Russell Square has secured the temporary certificate of occupancy (TCO) for its latest development, The Highlands at Silverdale in Washington. This new community, situated on a sprawling 26-acre site, boasts breathtaking views of Dyes...
Uptown Queen Anne Apartments

Kidder Mathews Sells 60-Unit Uptown Queen Anne Apartments for $19.9M

Uptown Queen Anne Apartments, a mid-rise apartment building with 60 units and two commercial spaces located at 315 1st Avenue W. in Seattle, has sold for $19,900,000. Jerrid Anderson and Winslow Lee of the Simon...
Pacific Trails Apartments

Institutional Property Advisors Exclusively Offers San Gabriel Valley Multifamily Asset Pacific Trails Apartments for...

Institutional Property Advisors, a division of Marcus & Millichap, announced the exclusive listing for sale of Pacific Trails Apartments, an 84-unit apartment property located in Covina, California. The price is open bid. “Located close to entertainment...
Zia

MBK Rental Living and Haseko Corporation Announce Pre-Leasing for New 315-Unit Residential Development Zia...

Pre-leasing is underway at Zia, a five-story, wrap-style apartment community located in central Orange County. Rising on over 5.2 acres at 1600 W. Lincoln in Anaheim, Zia is a joint venture of MBK Rental Living...
Northridge Fashion Center

Trammell Crow to Develop 350-Unit Multifamily at Northridge Fashion Center in Los Angeles

Trammell Crow Company (TCC) closed on a 4.78-acre site in Northridge, with plans for a future residential development at the Northridge Fashion Center. High Street Residential, TCC’s residential subsidiary, will develop the 350-unit multifamily building,...
Maison’s Sierra

Ravello Holdings and WNC & Associates to Construct Maison’s Sierra Affordable Housing in Lancaster...

Ravello Holdings, one of California’s leading developers and builders of quality single and multi-unit homes, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing...
Tralee Village Apartments

Cityview Acquires Bay Area Mixed-Use Multifamily Project Tralee Village Apartments

Cityview, a premier multifamily investment management and development firm, has acquired Tralee Village Apartments in Dublin – California’s fastest growing city. “Tralee Village was a prime opportunity to acquire a well-located, high-quality asset in a...
Hillsborough Apartments

CBRE Arranges Sale of 25-Unit Multifamily Property Hillsborough Apartments for $8.62M in North San...

CBRE announced the sale of a 25-unit multifamily property known as Hillsborough Apartments in Oceanside, California, to a private investor for $8.62 million. The selling price represents $344,800 per unit and $447 per square...
LA county supervisors extend tighter rent control

LA County extends rent increase cap

The Los Angeles County Board of Supervisors extended their 4 percent cap on rent increases for certain properties for another 6 months. The cap is now expected revert to its former level at the...
Utama Royale

CBRE Acquires Trophy Multifamily Asset Utama Royale Apartments in Beverly Hills for $28M

CBRE and Carolwood Estates recently brokered the sale of Utama Royale, a luxury, 18-unit multifamily building located at 10351 Wilshire Boulevard between Beverly Hills and Westwood in Los Angeles. The property was acquired for $28...
Kanvas

Priority Capital Advisory Arranges $21.6M Bridge Loan for Recapitalization of Kanvas Apartments in Los...

Priority Capital Advisory (PCA), a premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, arranged $21.6 million in financing on behalf of EGC Real Estate Group to...
K14 Campus Flats

JLL Facilitates Financing for Student Housing K14 Campus Flats Near the University of Oregon

JLL has arranged financing for K14 Campus Flats, a student housing property across the street from the University of Oregon in Eugene, Oregon. Working on behalf of the borrower, Waterway Family Funds, JLL placed the...
The Rise Walnut Creek

Institutional Property Advisors Closes 97-Unit Luxury Multifamily Sale of The Rise Walnut Creek in...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Rise Walnut Creek, a 97-unit multifamily property with 8,000 rentable square feet of retail space in Walnut Creek, California. “Walnut Creek’s suburban...
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