The Mogharebi Group brokers sale of 30-unit apartment community in Los Angeles
Despite current market conditions, deals have still been transacting—especially on small- to mid-cap multifamily assets in Los Angeles. The $7.15 million sale of 30-unit Gramercy Townhouse in the booming Koreatown neighborhood is yet another...
The Mogharebi Group achieves more than $300,000 per door on Fresno, California multifamily community...
The Mogharebi Group (TMG) has arranged the $14.75 million sale of Birch Commons, a 49-unit multifamily property in Fresno, California.
Located on 4.77 acres at 1850 E. Birch Avenue, Birch Commons is a townhome-style apartment...
First Republic takeover deals yet another blow to Bay Area real estate
The takeover of First Republic by JPMorgan Chase adds another complication to a local real estate market already hampered by high interest rates, difficulties in financing and low occupancy.
And for Bay Area real estate...
Institutional Property Advisors brokers multifamily asset sale in Greater Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina, California. The $38.25 million sales price equates to $450,000 per...
Institutional Property Advisors brokers sale of Orange County multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foxborough Apartments, a 90-unit apartment complex in Orange, California. The property was acquired by Advanced Real Estate of Irvine, California.
Advanced...
Kidder Mathews sells 28-unit Sunset Laurel apartments for $11 million
The Sunset Laurel Apartments, located at 1545 North Laurel Avenue in Los Angeles, have sold for $11,000,000. Kidder Mathews’ Senior Vice President Robin D. Ossenbeck represented the seller, N. Laurel, Villa C, LP, a...
Value-add apartment complex in Portland trades for $26.85 million
JLL Capital Markets announced that it has closed the $26.85 million sale and arranged acquisition financing for Meadowland Apartments, a 168-unit, garden-style apartment in Portland, Oregon, which will now be known as Township Eastside.
JLL...
iBorrow provides $17 million in refinancing for two mid-renovation multifamily assets in Southern California
iBorrow, a nationwide private direct lender for commercial real estate, has provided a $17.38 million refinance loan on two mid-renovation multifamily communities located in Southern California.
The bridge loan will be used to refinance the borrower’s...
The Mogharebi Group brokers $28.5 million sale of 284-unit senior-living community in California’s Inland...
The Mogharebi Group (TMG) has arranged the sale of Wildomar Senior, a 284-unit senior leisure housing community in Southern California’s Inland Empire. TMG represented the seller Craig Thralls, who developed the property in 2000,...
$10.75 million financing secured for a California multihousing community owned by Universe Holdings
JLL Capital Markets announced that it has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multihousing community located in La Mesa, California.
JLL worked on behalf of the borrower, Universe Holdings, to...
$10.5 million refinancing secured for Los Angeles affordable housing development
JLL Capital Markets announced that it has arranged $10.5 million in construction takeout refinancing for Park Place at Jordan Downs, an 80-unit affordable housing development in Southeast Los Angeles, California.
JLL represented the borrower, BRIDGE...
Marcus & Millichap brokers student housing asset sale in Oregon
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ducks Village, a 230-unit, 650-bed student housing asset in Eugene, Oregon.
“This...
Institutional Property Advisors arranges $173 million in financing for three new mixed-use multifamily...
IPA Capital Markets (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $173 million in construction and related financing for three mixed-use multifamily projects...
JLL completes acquisition financing of ultra-luxury Downtown Los Angeles multihousing tower
JLL Capital Markets announced that it has arranged the acquisition financing for THEA at Metropolis, a 685-unit, ultra-luxury, high-rise multihousing community located in Downtown Los Angeles.
JLL worked on behalf of the new owner to...
Marcus & Millichap Capital Corporation arranges $15 million financing for multifamily property in San...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $15.043 million loan for the refinancing of Santa Fe Townhomes, a multifamily property located at...
