Andrew Klavan speaks in Danville, Calif. May 11
Andrew Klavan, pundit, writer and internet personality will be speaking at the Village Theatre in Danville, Calif., this Saturday. Klavan is author of international best-selling books-turned-movies True Crime with Clint Eastwood, Don’t Say A Word starring Michael Douglas and Empire...
Trion Properties acquires 80-unit apartment community in San Leandro, California
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, has acquired Creekside Apartments, an 80-unit multifamily community in San Leandro, California, for $20.5 million.
The transaction is Trion’s...
The Wolff Company announces development of modern senior living community in Kirkland
The Wolff Company—a Scottsdale-based private equity firm and senior living developer will soon break ground on Revel Kirkland, a contemporary active senior living apartment community located on the 12-acre former LifeBridge Church site in...
Levin Johnston completes sale of upgraded 30-unit multifamily community in Fremont, California
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the sale of 4001 Nicolet, a fully...
Taking sides on Prop 21
The latest rent control initiative to appear on California’s ballot will be voted on this November. People and groups are now declaring where they stand on Proposition 21.
Recapping the basics
Prop 21 would allow rent...
The Mogharebi Group brokers sale of 108-unit multifamily community in Palm Springs, California for...
Multifamily brokerage firm The Mogharebi Group (TMG), representing a private investor based in Salt Lake City, Utah has successfully brokered the sale of a 108-unit apartment community in Palm Springs, Calif. for $19.7 million.
Built...
Universe Holdings acquires second multifamily property in Ventura, California for $14.55 million
Universe Holdings has acquired Woodland Manor, a multifamily community in Ventura, Calif., in an off-market transaction for $14.55 million. Built in 1969, the property offers 38 two-bedroom, two-bath apartments in a central location in...
Avanath Capital Management enters Orange County market; Acquires 85-unit senior housing community in Garden...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has announced its entrance into the Orange County market with the acquisition of The Grove Senior Apartments, an 85-unit senior...
Getting inside multifamily’s utility management operation
“In many states we’re seeing an increase in the trend to mandate submetering for any residential and commercial new building construction. Around eight states already have the law in place, up from around three...
Sunroad Enterprises hires multifamily real estate industry leader David Dufenhorst
Sunroad Enterprises, a San Diego-based real estate investment and development company, announces that David Dufenhorst has been hired as President of Sunroad Real Estate Investments. As President, David will lead Sunroad’s rapidly growing multifamily real...
TruAmerica Multifamily acquires 156-home apartment community near Washington State capital for $54 million
TruAmerica Multifamily has acquired The Dakota, a 156-unit garden-style apartment community in Lacey, Wash., a suburb of Olympia for $54 million. The 15-year-old institutional quality asset brings the number of multifamily units in TruAmerica’s...
California taxes on millionaires could spell disaster
Facing a massive coronavirus-induced deficit, the California legislatures are weighing a suite of new taxes on top earners, including a first-of-its-kind wealth tax and the highest top rates in the nation.
California is the most...
$88.89 million construction loan secured for Fremont Apartments in Portland
JLL Capital Markets announced it arranged $88.89 million in construction financing to build the Fremont Apartments, a Class A multihousing community located on the Willamette River at 1550 N.E. Naito Parkway in Portland, Oregon.
JLL...
Legacy Partners recapitalizes with Collier Enterprises
Legacy Partners, a privately owned national real estate firm, announced today the recapitalization of the firm with Collier Enterprises, a private equity, real estate investment and development company located in Naples, Florida.
With Legacy Partners’...
Student housing suffers supply/demand pressures
U.S. college enrollment has been declining for years but higher education institutions faced an unprecedented drop in students during COVID. Undergraduate enrollment across U.S. colleges and universities dropped by over 1 million students in...
