Pacific region

CBRE announced the sale of Beachwood Apartments, an 18-unit multifamily community in Huntington Beach, California to a private investor. The sale price of $8.65 million represents $480,556 per unit and $547 per square foot. CBRE’s...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Le Chateau Apartments, a 76-unit apartment asset in Anaheim, California. The...

CBRE has announced that Greg May has rejoined the firm’s Newport Beach office as SVP, specializing in office properties across Orange County. With more than 35 years’ experience in commercial real estate, May will...

Safehold Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of The Orion, a 166-unit senior affordable community in Orange, California....

A private investor purchased two four-unit multifamily properties in Huntington Beach for a combined price of $5.425 million. The seller is based in Huntington Beach, while the buyer is from Westminster. Dan Blackwell and...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $14.4 million loan to retire construction financing for the 801 Pearl class A apartments located at 801 Pearl Street in...

Kingsley Apartments, a planned 136-unit, 100% affordable property in Los Angeles’ popular Koreatown submarket, is closer to becoming a reality after landing $24.4 million in construction money. Kian Investments, an entity controlled by Keren Management, secured...

AMCAL Housing and Gortikov Capital has obtained a $101 million refinancing loan on The Clarendon, a 335-unit, Class A multifamily property in the western San Fernando Valley community of Woodland Hills. Developed in 2020, The...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of AVA North Hollywood, a 156-unit multifamily property with 11,000 square feet of ground floor retail in the NoHo Arts District of Los...

Advanced Real Estate has acquired Beachpoint, a 68-unit multifamily asset in Huntington Beach, in a recent $25 million purchase. The property, which includes a 12k square feet multi-tenant office building, will be added to...

Community partners and public- and private-sector stakeholders gathered to celebrate the grand opening of Bienestar Plaza Apartments, a development of MidPen Housing. Resident amenities include a community room with kitchen, a learning center, a multipurpose...

JLL Capital Markets announced that it has arranged a $2.53 million refinancing for The Madison Apartments, a 12-unit, newly renovated multifamily community in San Diego, California. Working on behalf of the borrower, Pace Properties, JLL...

Greystar Real Estate Partners, LLC has secured $183 million in tax-exempt bond financing and completed the acquisitions of Nordheim Court and Radford Court, two on-campus communities at the University of Washington. Nordheim Court and Radford...

R.D. Olson Construction, an award-winning general contracting firm in California, has announced completion of the $42.5M West Carson Villas, their first project for client PATH Ventures, a nonprofit affordable housing developer and service provider. PATH...

JLL Capital Markets announced that it has arranged a $5.11 million refinancing for 330 S. Home Street, a 21-unit multifamily community in Oceanside, California. JLL worked on behalf of the borrower, a joint venture between...