Wednesday, May 15, 2024

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Orange County gets big, new addition

In November 2018, the Samueli Family, owners of the Anaheim Ducks purchased 10 acres of city-owned parking lots adjacent to Honda Center and finalized an agreement with the City of Anaheim, committing the Ducks...
Huntwood Terrace Apartments

Marcus & Millichap completes $39 million Bay Area apartment sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Huntwood Terrace Apartments, a 104-unit institutional-quality multifamily property located at 29200...
192 Shoreline

Multihousing development near Seattle secures $15 million subordinate loan from The Amazon Housing Equity...

JLL Capital Markets announced that it has arranged the $15 million subordinate loan from The Amazon Housing Equity Fund for the acquisition of 192 Shoreline, an affordable, 250-unit, mid-rise multihousing development in the suburban...
The Wilson Townhomes

The Mogharebi Group brokers the $12.2 million sale of a 24-unit multifamily community in...

The Mogharebi Group (TMG) representing the seller has arranged the $12.2 million sale of The Wilson Townhomes, a 24-unit development in the Orange County community of Costa Mesa, Calif. The buyer of the fully...
Blend-SD

$13.1 million in refinancing secured for San Diego multihousing project

JLL Capital Markets announced that it has arranged $13.1 million in the permanent refinance of Blend-SD, a 54-unit, urban-coastal multihousing community located in the Linda Vista neighborhood of San Diego, California. JLL represented the borrower,...
907-927 Grand Avenue

Stepp Commercial completes $4.375 million sale of a 13-unit apartment property in Eastside Long...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.375 million sale of a 13-unit apartment property located at 907-927 Grand Avenue in the Eastside submarket of Long...
Renew Riverside

Institutional Property Advisors negotiates Inland Empire multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew Riverside, a 128-unit apartment complex in Riverside, California. The property sold for $35.35 million, which equates to $276,171 per...
Tahquitz Court

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...
The Mar Vista Venice Portfolio

Institutional Property Advisors closes six-property multifamily portfolio sale in Westside Los Angeles

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Venice-Mar Vista Portfolio, a six-property, 99-unit multifamily portfolio in the Westside region of Los Angeles, California. Following a brief...
Hawthorne Apartments

76-unit multifamily community sells for $16.5 million in Sacramento

Transwestern Real Estate Services (TRS) announces the sale of The Hawthorne Apartments, a 76-unit multifamily community at 5820 Sutter Ave. in Carmichael, California. Transwestern’s Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented...
1505 E. 11th Street

Stepp Commercial completes $5.04 million sale of a 21-unit apartment property in Long Beach

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.04 million sale of a 21-unit apartment property located at 1505 E. 11th Street in Long Beach, California. Stepp Commercial’s...
Bay Inn Apartment Homes

Institutional Property Advisors closes Coastal Southern California multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bay Inn Apartment Homes, a five-building, 80-unit apartment property in San Diego, California. The asset sold for $28.1 million, or...
Gateway Apartments

Ridge Capital acquires 444-unit San Francisco Bay Area multifamily portfolio

Ridge Capital Investors, LLC (Ridge) in joint venture with Contrarian Capital Management and Andell Holdings has acquired in an off-market transaction a two-property, 444-unit multifamily portfolio with assets located in the San Francisco East...
Rolling Hills Apartment Homes

Marcus & Millichap arranges $49.5 million Los Angeles metro multifamily asset sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rolling Hills Apartment Homes, a 107-unit apartment complex in Torrance, California....
51 Glen Eyrie Ave

Levin Johnston completes sale of 24-unit multifamily community in one of San Jose’s most...

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, announces its most recent multifamily transaction: the sale of...
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