GMD Development and WNC & Associates Close Deal to Begin Construction on Victory Northgate...
GMD Development, a private, mission-based developer/owner of affordable housing based in the Pacific Northwest, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry,...
Community Leaders Celebrate Grand Opening of 161-Unit Build-to Rent Homes at Tricon Twelve Bridges...
Mayor Karleskint, Mayor Pro Tem Andreatta, and several councilmembers joined the grand opening celebration of Tricon Twelve Bridges, a collection of 161-unit Build-to-Rent (BTR) homes in Lincoln, California. This community features five thoughtfully designed floor...
JLL Completed the Sale of the Site for the Development of a 369-unit Mid-Rise...
JLL Capital Markets announced that it has closed the $26.25 million sale of a 139,223-square-foot land parcel in Kirkland, Washington. JLL represented the buyer, Mill Creek Residential, in completing the off-market sale from the...
CBRE Arranges $79M Financing for Kearny Mesa Multifamily Build Ion Clairemont in San Diego
CBRE secured $78.5 million in construction financing for developing Ion Clairemont, a 251-unit mid-rise multifamily community located at 8333 Clairmont Mesa Boulevard in San Diego’s Kearny Mesa submarket. The property will feature midcentury colors that...
JPI Acquires 1.58-acre Parcel at Mosaic Redevelopment in Long Beach
Momentum continues on the redevelopment of Mosaic in downtown Long Beach with the sale of a 1.58-acre portion of the site to multifamily developer JPI. Mosaic is a 14-acre, large-scale open-air retail, residential, creative office...
TWG Breaks Ground on Affordable Seniors Property Ardea at Totem Lake with Amazon Funding...
TWG Development held a groundbreaking event for its first seniors-only affordable housing property in Washington state. Upon completion, Ardea at Totem Lake will provide 170 new homes for older low- and middle-income residents at...
Northmarq Arranges $24M Loan on Fremont City Center Multifamily Community Near San Francisco
Northmarq’s San Francisco Debt + Equity team arranged $23.9 million in financing for the purchase of Fremont City Center, a 122-unit garden-style apartment community in Fremont. The team was led by managing director Nate Prouty...
CBRE Arranges Sales of Three Separate Multifamily Properties in Costa Mesa California in Four...
CBRE announced the sale of three multifamily properties in Eastside Costa Mesa, California, to individual buyers, marking a total of 13 units and $7,423,500 in transactions. The portfolio includes the following: 2666 Orange Avenue,...
Gantry Secures $14.5M of Permanent Loans Across Two Seattle Multifamily Properties, The Perch and...
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $14.5 million in permanent loans for two Seattle multifamily properties, Perch and Trailside Apartments, financing both with fixed...
Collaborating on Progressive Housing Solutions in Los Angeles’ Northeast New Beginnings Community
Ford E.C., a leader in inventive construction solutions, is proud to have been a crucial partner in addressing Los Angeles' housing crisis through its recent contribution to the Northeast New Beginnings Community project in...
CBRE Facilitates Sale of Seattle-Area Lakefront Apartment Community 2000 Lake Washington for $53M
2000 Lake Washington, a 186-unit multifamily community in Renton, Washington traded hands in a $53.2 mil ($286k/unit) transaction. The asset was sold by New York Life Real Estate Investors, represented by CBRE. The property consists...
Kennedy Wilson and Haseko Corporation Team Up in $90M Purchase of The Farmstead and...
A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation on a $90 million multifamily buy in Vancouver, Washington. The venture acquired a two-property, 350-unit ($257k/unit) portfolio consisting of The Farmstead...
Meta Housing Corp and R.D. Olson Construction Starts Work on Affordable Housing Project The...
Meta Housing Corp has broken ground on a new 238k square-foot, seven-story affordable housing apartment complex in the western San Fernando Valley community of Woodland Hills known as The Alcove. The project is being...
Legacy Partners and AFL-CIO Building Investment Trust Open Kaulana Mahina Apartments in Maui
Legacy Partners, a privately held national real estate firm, and AFL-CIO Building Investment Trust, announced the opening of Kaulana Mahina Apartments, a 324-residence community in the Central Maui community of Wailuku, Hawai’i. Designed as “workforce...
Tanzanite Homes Bringing 211 New BTR Single-Family Rentals to the Sacramento Market
Tanzanite Homes is the City of Sacramento’s first Build-To-Rent (BTR) single-family home community and the first to add a mix of Accessory Dwelling Units (ADU.) It is located in the Natomas neighborhood, featuring 211...