Berkadia arranges sale and financing of apartments near Olympia, Washington
Berkadia announces it has arranged the sale and financing of Dakota Apartments, a 156-unit, garden-style apartment community located approximately six miles outside of the state capital of Olympia, Washington. Senior Directors Ben Johnson and...
Institutional Property Advisors brokers and finances 736-unit Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Terracina Apartment Homes, a 736-unit garden-style apartment complex located inside Ontario Ranch, an 8,200-acre master-planned community in Ontario,...
Marcus & Millichap promotes John Horowitz to Northeast Division Manager
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the promotion of John Horowitz to Northeast division manager. Horowitz, a first vice...
Marcus & Millichap names Brian Hosey Mid-Atlantic Division Manager
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the promotion of Brian Hosey to Mid-Atlantic divisionmanager. Hosey, a first vice president, most...
Marcus & Millichap promotes Ryan Nee to Senior Vice President and Southeast Division Manager
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the promotion of Ryan Nee to senior vice president and division manager of the...
L.A. city council plans eminent domain
The Los Angeles City Council has voted to try to buy a 124-unit housing development in Chinatown by exercising the power of eminent domain, in an effort to freeze rent increases by the landlord,...
Next Wave expands Pacific Northwest portfolio; Acquires two multifamily communities totaling 110 units in...
Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired two multifamily assets in the Portland metro submarket of Beaverton, Oregon for a total of $30.5 million:...
Legacy Partners sells 580 Anton, a 250-unit luxury apartment community in Costa Mesa, to...
Legacy Partners, a privately owned national real estate firm, announced the sale of 580 Anton, a five-story, 250-unit luxury apartment community in the Orange County city of Costa Mesa, Calif., to an affiliate of...
$203 million in refinancing secured for San Diego multihousing community
JLL Capital Markets announced that it has closed the $203 million construction takeout financing for Vive Luxe, a Class A, 442-unit, multihousing community in the Kearny Mesa submarket of San Diego, California.
JLL represented the...
$60 million financed for Seattle multihousing development
JLL Capital Markets announced that it has arranged $60 million in construction financing for Gridline Apartments, a multihousing development currently under construction in Seattle, Washington.
Working on behalf of SRM Development and its partners, JLL...
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...
Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington.
“Seattle’s Eastside is experiencing the largest job growth in the region with...
The Mogharebi Group brokers a 153-unit multifamily community in Long Beach, California
The Mogharebi Group (TMG) representing a Los Angeles based seller, brokered a $47.05 million sale of Fountain View Apartment Homes, a 153-unit community in the Los Angeles County city of Long Beach, California.
Built in...
Avanath expands leadership team and promotes youngest partner in firm’s history
Avanath Capital Management LLC, a multifamily owner and operator that focuses on affordable and workforce housing, announces a series of promotions and a new executive hire to its leadership team as the firm grows...
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...
