Thursday, March 28, 2024

Pacific region

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

Allesandro Apartments

JLL Arranged the Joint Venture Equity for the 43-unit Allesandro Apartments Project in Los...

JLL Capital Markets announced that it has arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multi-housing project in the Echo Park neighborhood of Los Angeles, California. JLL represented the Sponsor, A.J....
The Biltmore at Thousand Oaks

Institutional Property Advisors Brokers $153M Sale of Oakview Apartments and The Biltmore in Ventura...

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the $153 million sale of a two-property, 409-unit multifamily portfolio in Ventura County, California. The properties are 242-unit Oakview Apartment...
Lemon Grove

New Multifamily Complex in San Diego County’s Lemon Grove Neighborhood Nears Completion

Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion, bringing much needed housing to a rapidly growing San Diego County neighborhood. Owned and developed by LLJ Ventures...
Regency Palms

BWE Secures $224.6 Million for Six-Property Apartment Portfolio Including Regency Palms in Orange County...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $224,699,000 in financing for a six-property, 1,192-unit multifamily portfolio in Orange County, California, part of the Greater Los Angeles area....
Legado at the Met

Legado Companies and Gantry Secures $128M in Construction Financing for Legado at the Met...

Legado Companies and Gantry, the largest independent commercial mortgage banking firm in the U.S., have obtained $128 million of construction-to-permanent financing in three tranches, from three separate lenders, for the development of the Legado...
SW by CLG

Gantry Secures Permanent Loan for the Recently Completed SW by CLG in Los Angeles

Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles. Principal Andy Bratt and associate Sean Kuang with Gantry’s Irvine production office represented the borrower,...
Pilot Butte

CBRE Arranges Sale of Outlook at Pilot Butte Multifamily Community Located in Bend Oregon

CBRE announced the sale of Outlook at Pilot Butte, a 205-unit multifamily community in Bend, Oregon, traded hands in a $57.5 mil ($280.5k/unit) transaction. Outlook at Pilot Butte units include nine- and 10-foot ceilings, chef’s...
Clearwater Newport Beach

Clearwater Living Opens New Assisted Living and Memory Support Community in Newport Beach

Clearwater Living®, a real estate and property management company dedicated to the ownership, operation and development of high-quality senior living communities, announced today the opening of Clearwater Newport Beach, a 101-unit, luxury assisted living...
FLATs Bancroft

CEDARst and Quartz Lake Joint Venture Announces Plans for FLATs Bancroft, Another In-Fill San...

A joint venture partnership between CEDARst Companies, a vertically integrated real estate development platform, and Quartz Lake Capital, a private equity real estate investment manager, has announced plans for its second multifamily development in...
Chateau de Ville

Marcus & Millichap Brokers $79M Orange County Multifamily Asset Sale Chateau de Ville

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Chateau de Ville, a 254-unit multifamily property in Anaheim, California. The...
Catalina Tropics

Catalina Tropics Apartment Property in Los Angeles Trades for $6.35M

Catalina Tropics, a 32-unit apartment complex in Los Angeles’ Koreatown neighborhood, traded hands in a recent $6.35 mil ($198k/unit) transaction. Built in 1955, Catalina Tropics comprises 17 studio units, 13 one-bedroom/one-bathroom units, and two two-bedroom/two-bathroom...
Alvarado and Temple Apartments

JLL Arranged the Refinancing for the 24-unit Alvarado Apartments and the 42-unit Temple Apartments...

JLL Capital Markets announced that it has arranged the $5.5 million permanent, non-LIHTC Forward financing for Alvarado Apartments and Temple Apartments, two affordable housing communities targeting extremely low-income residents and individuals experiencing homelessness in...
Bermuda Street

CBRE Arranges All-Cash Sale of 8-Unit Multifamily Property on Bermuda Street in Long Beach...

CBRE announced the sale of an eight-unit multifamily property located on Bermuda Street in Long Beach, California to a private investor for $2.7 million. The selling price represents $337,500 per unit and $323 per...
The Standard at Los Angeles

Landmark Properties Breaks Ground on The Standard at Los Angeles: a 1,284-bed Student Housing...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has begun construction on The Standard at Los Angeles, located at 3900 S Figueroa St....
CloudTen - Merx

Construction Nearing Completion on Three Oregon Multifamily Communities; Merx, Paceline, and Rivenwood Totaling 352...

Adding much-needed urban-style apartments to the region, Deacon Development is nearing completion on three new Portland and Salem, Oregon-area multifamily communities – Rivenwood, Merx and Paceline – tapping CloudTen Residential to oversee all lease-up...
Yield PRO