CBRE Arranges Sale of 12-Unit Apartment Community Sterling Plaza Apartments in Laguna Beach for...
CBRE announced the sale of Sterling Plaza Apartments, a 12-unit multifamily community at 2607 Solana Way in Laguna Beach, California. CBRE’s Executive Vice President Dan Blackwell and Senior Vice President Mike O'Neill represented the San...
Jamison and Arc Capital Partners to Convert 13-Story Office Building at 3325 Wilshire Boulevard...
Jamison and new joint venture partner Arc Capital Partners have started the conversion of a 13-story, 233,000-square-foot office building at 3325 Wilshire Boulevard in Los Angeles into a mixed-use development with 236 multifamily units...
JLL Ensures Financing for State-of-the-Art Sudent Housing Development, The Valiant, to Meet Growing Demand...
JLL Capital Markets announced that it has secured construction debt and equity for The Valiant, an 83-unit, 262-bed class A+ purpose-built student housing community in Berkeley, California. JLL worked on behalf of the sponsors, Valiance...
CBRE Arranges $16.77M Sale of Two Anaheim Multifamily Properties, Aria Apartments and Pearson Gardens,...
CBRE announced the sale of two multifamily apartment communities in Anaheim, California, totaling $16.77 million and 53 units, facilitating and completing a 1031 exchange for a local private investor. The properties include Aria Apartments...
Partner Valuation Advisors Expands Team with CRE Leader Jeff Colton in California
Partner Valuation Advisors, a top 10 national appraisal firm, continues to expand its leadership team with the addition of Jeff Colton, MAI, who joins the firm in California as Executive Vice President. “Jeff strengthens our...
Kidder Mathews Promotes Longtime CRE Leader Eric Paulsen to President of Brokerage
Kidder Mathews has promoted Eric Paulsen to president of brokerage, where he will lead more than 500 brokers across the firm’s 19 locations in Washington, Oregon, California, Idaho, Nevada, and Arizona. Eric Paulsen, a 35-year...
Cityview Appoints Chief Investment Officer Damian Gancman to Support Firm’s Strategic Growth
Cityview, a premier multifamily investment management and development firm, announced the promotion of Damian Gancman to Chief Investment Officer (CIO). “We see the current market as the best multifamily buying opportunity since the Great Financial...
JLL Assists in Securing HUD 223(f) Refinance Loan for Monte Alban Apartments, a 192-unit...
JLL Capital Markets announced that it has arranged a $30,168,200 refinancing for Monte Alban Apartments, an affordable housing complex in San Jose, California. JLL worked on behalf of the borrower, The John Stewart Company, to...
Marcus & Millichap Capital Corporation Arranges $7.5M Acquisition Financing for Los Angeles 34-Unit Multifamily...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, arranged $7,540,000 in financing for the acquisition of a 34-unit multifamily property located in Torrance,...
Fourth Avenue Capital Breaks Ground on 240-Unit Signal Point Apartments Near Spokane
Fourth Avenue Capital has commenced construction on Signal Point Apartment Homes, a luxury suburban apartment community within the mixed-use Meadowwood Technology Campus in Liberty Lake, Washington. "Liberty Lake continues to be one of the most...
IEC Purchases 108-unit 888 Fourth Street Apartments for $38M
In a recent Bay Area multifamily trade, Interstate Equities Corporation (IEC) purchased 888 Fourth Street Apartments, a 108-unit recently completed mid-rise property in the heart of downtown Santa Rosa, California. The community was about half...
Hawkins Way Capital Completes Purchase of 79-Unit Student Housing Property Varsity Berkeley Near UC...
Hawkins Way Capital LLC has purchased Varsity Berkeley, a mid-rise student housing complex located at 2024 Durant Avenue in Berkeley, California. Although we don’t have the price tag, we can tell you that the deal...
The Vistria Group and Ethos Real Estate Partner to Convert Nearly 700 Market-Rate Units...
In a landmark move that promises to advance affordable housing efforts in high-cost markets, The Vistria Group and Ethos Real Estate announced the conversion of nearly 700 market-rate apartments to long-term affordable housing in...
Senior Resource Group Announces Acquisition of Fountainview at Gonda in Playa Vista Renamed “Avocet...
Senior Resource Group LLC (SRG), a nationally recognized leader in developing and operating award-winning luxury senior living communities announced today that it will assume the ownership and operation of Fountainview at Gonda in Playa...
Marcus & Millichap Brokers $45M Affordable Housing Asset Sale of Seaside Apartments in Northern...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Seaside Apartments, a 84-unit affordable housing asset in Santa Cruz, California....