Pacific region

Universe Holdings has acquired the Stonegate Apartments (Stonegate), a 160-unit multifamily community in Southern California’s Inland Empire city of Riverside, in an off-market transaction worth $53.370 million. Built in 1987, Stonegate offers a mix of...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Stonegate Apartments, a 160-unit multifamily asset in Riverside, California. “With average rents in the Riverside submarket projected to grow 7.9 percent...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has recapitalized a multifamily portfolio in the greater metropolitan area of Portland, Oregon, in...

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 successfully completed the following transactions: An 8-unit multifamily...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Addison Arms Apartments, a 57-unit apartment building in the Sherman Oaks neighborhood of Los Angeles, California. The property sold for...

MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eleanor, a newly constructed, 333-unit Class A multifamily asset, including over 10,500 square feet of retail space. The property is...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cedar Rim, a 104-unit multifamily asset in Newcastle, Washington. The $53 million sales price equates to $509,615 per unit. “Overlooking Lake...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodbrook, a 100-unit apartment property in Everett, Washington. The property sold for $31.3 million, which represents $312,750 per unit. “Located in...

The Mogharebi Group (TMG) has arranged the sale of Tyner Ranch Apartments, a 168-unit multifamily community in the Central Valley city of Bakersfield, Calif. for nearly $31 million. Mark Bonas, Senior Vice President for...

The Hoffman Company, recently brokered the sale of a 482-unit apartment project on approximately 18 acres, part of a larger 35-acre mixed-use development called The Exchange being developed by the seller, AFG Development LLC....

JLL Capital Markets announced that it has arranged the $75 million refinancing for The Landing at Long Beach, a 206-unit garden-style apartment community in Long Beach, California. JLL represented the borrower, Silver Star Real Estate,...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.5 million sale of an 11-unit apartment property located at 917 6th Street in Santa Monica, Calif. The property,...

Parkview Financial announced it has provided a $19 million leasehold construction loan to Ethos Development to build a seven-story, 134-unit multifamily project located at 1835 N Flint Avenue, Portland, Oregon. Ethos purchased the 0.36-acre site...

JLL Capital Markets announced that it has arranged $94.3 million in construction financing for a 189-unit, four-story, Class A multihousing development located in downtown Pleasant Hill, California. JLL worked on behalf of the borrower, Gemdale...