Monday, February 24, 2025

Pacific region

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

Arts Plaza Apartments

Construction on Gresham’s Arts Plaza Mixed-use Community Arts Plaza Apartments Now Complete

Construction is now complete on Arts Plaza Apartments, a four-story, 97-unit mixed-use building at 492 N.E. Second Street in Gresham, Oregon, with leasing underway. Developed by Gibbins Kaplan Development and Capstone Partners, the $26...
Adept Ontario

$107M Construction Financing Arranged by MMCC for Los Angeles Area Mixed-Use Property Adept Ontario

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the construction of Adept Ontario, a 384-unit multifamily asset with 26,000...
VTA

Santa Clara VTA and Charities Housing Partner on Low-Income Townhome Development

The Santa Clara Valley Transportation Authority (VTA) has signed a long-term ground lease agreement with Charities Housing, which will build 45 townhomes intended for low-income residents on property next to VTA’s Branham Light Rail...
Nimbus Apartments

JLL Facilitates Sale for New Luxury Multifamily Property Nimbus in Everett Washington

JLL Capital Markets announced that it has secured the $49 million sale of Nimbus, a 165-unit luxury multifamily property in Everett, Washington. JLL worked on behalf of the seller, Trent Development. The buyer was CEP...
The Strand

Berkadia Arranges $126M Sale and $94M Loan for The Strand Apartments in Sacramento

Berkadia, a leader in the commercial real estate industry, announced that it arranged the sale of The Strand, a new 408-unit, garden-style multifamily community located in West Sacramento, California. The property deal closed on...
The Refuge

The Refuge Development Project To Tackle Homeless Crisis in Oakland and Bay Area

The Refuge Apartments, located at 4400 Martin Luther King Jr. Way in Oakland, California, will be a newly built 144-unit affordable housing complex. The project will consist of a mix of SRO+, Studios and 2-bedroom...
Cedardale

Pathfinder Announces $31M Acquisition of Multifamily Community Cedardale Near Seattle

Expanding its footprint in the Pacific Northwest, Pathfinder Partners (“Pathfinder”), has announced the $31.1 million acquisition of Cedardale – a 126-unit community near Seattle. According to Mitch Siegler, co-founder and managing director of Pathfinder, a...
Space Odyssey

Universe Holdings Sells Two Inglewood Properties Including Space Odyssey and Park Casino Royale II...

Universe Holdings (Universe) has sold two properties from its Inglewood, California portfolio in separate transactions for $10.075 million, capping an active fourth quarter for the Los Angeles-based real estate investment firm. In December, Universe...
Coventry Square Apartments

MJW Investments Acquires Off-Market Multifamily Community Coventry Square Apartments in Upland California

Los Angeles-based real estate firm MJW Investments proudly announces the acquisition of Coventry Square Apartments, a 92-unit multifamily community located in the Upland submarket of the Riverside-San Bernardino-Ontario MSA. "Coventry Square Apartments represents a compelling...
Mission Hills Apartments

Gantry Secures $23M Permanent Loan for Luxury Washington Multifamily Community Mission Hills Apartments

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $23 million permanent loan to refinance the Mission Hills Apartments located at 11900 NE 18th Street in Vancouver. Mission Hills features...
Stella Apartments

JLL Facilitates Loan for Multifamily Development Stella Apartments in San Diego’s North Park

JLL Capital Markets announced that it has arranged a $46.5 million construction financing for Stella Apartments, a 149-unit multifamily development project in San Diego, California. JLL represented the borrower, Murfey Company, in securing the three-year,...
Joseph Arnold Lofts

Mesa West Capital Originates $92M Loan to Refinance Seattle Multifamily Assets Jack Apartments and...

Mesa West Capital has provided RISE Properties Trust with $92.5 million in first mortgage debt to refinance two mid-rise multifamily communities, Jack Apartments and Joseph Arnold Lofts, totaling 266 units in Seattle, Washington. The five-year...
Levin Johnston

Levin Johnston Purchases 2nd Bay Area Office in San Carlos; Increases Deals Closed YOY...

Levin Johnston of Marcus & Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces it has acquired a second Bay Area in...
Bay Area Multifamily Portfolio

Gantry Secures Loans Totaling $27.8M for Bay Area Multifamily Portfolio Acquisition

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $27.8 million in financing to acquire a Bay Area Multifamily Portfolio of eight Oakland properties. Gantry’s Jeff Wilcox, Principal, and Erinn Cooke,...
Solana at Duarte Station

MBK Rental Living Announces Pre-Leasing at 292-Unit Luxury Apartment Community Solana at Duarte Station...

MBK Rental Living, a leading innovator in private real estate development, has announced the commencement of pre-leasing at Solana at Duarte Station. Located in Duarte, California adjacent to the prestigious City of Hope Medical Campus...
Yield PRO