Institutional Property Advisors negotiates $48 million senior resident multifamily asset sale in Central Coastal...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa del Sol, 197-unit, age 55-plus seniors apartment complex in Santa Maria, California. The property sold for $48 million, which...
Sheldon Butte multihousing community in Oregon sells for $35.75 million
JLL Capital Markets announced that it has closed the $35.75 million sale of Sheldon Butte, a 176-unit, garden-style, value-add apartment community in Eugene, Oregon.
JLL represented the seller, Cumberland Holdings, LLC. Clear Capital, LLC acquired the...
Institutional Property Advisors closes iconic Wilshire Boulevard multifamily sale in Los Angeles for $45.5...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Wilshire Royale, a 193-unit multifamily asset with 8,933 square feet of ground floor retail in Los Angeles, California’s Westlake District....
Dunleer sells 32-unit fully renovated apartment asset for $11.9 million in Ventura, California
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $11.9 million sale of Casa de Ventura, a 32-unit apartment property located at 3098 Channel Drive in Ventura, Calif.
Originally built in...
Trion Properties continues investment in Northern California market with acquisition of six multifamily communities...
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has acquired six multifamily communities totaling 347 units in the Sacramento, California area for...
Developer buys $29 million trophy value-add property near Sunset Strip in West Hollywood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Terraces at La Cienega, a 42-unit apartment property located just steps from the world-famous Sunset Strip in West Hollywood, California.
Paul...
TCN Worldwide announces Vince Provenzano as a Regional Vice President
H. Ross Ford, president and CEO of TCN Worldwide, is pleased to announce Vince Provenzano, President of Brokerage at Pacific Coast Commercial/TCN Worldwide will serve as the new regional vice president for the West...
Institutional Property Advisors closes Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew on 14th Apartments, a 100-unit multifamily asset in Riverside, California.
“With 14.7 percent year-over-year rent increases and 1.6 percent vacancy,...
Institutional Property Advisors closes Ventura County multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ocean Villas, a 119-unit apartment asset in Oxnard, California. The property sold for $39.75 million, which equates to $334,033 per...
Stepp Commercial completes $41.85 million sale of a 17-property apartment portfolio in Long Beach,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has the completed the $41.85 million sale of an apartment property portfolio in Long Beach, Calif. The deal consisted of 17 properties...
CGI+ acquires multifamily community in Oxnard, California for $50.7 million
CGI+ Real Estate Strategies’ ongoing efforts to broaden its investment platform has led to the firm to make its second suburban purchase in the last 11 months with the acquisition of Alturas, a 170-unit...
Institutional Property Advisors facilitates $67 million Pasadena multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Theo Pasadena, a 105-unit apartment property in Pasadena, California. The property sold for $67 million, or $638,095 per unit.
“Theo Pasadena...
Community Preservation Partners appoints Belinda Oakes as new Chief Financial Officer
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the appointment of Belinda Oakes as chief financial officer. Oakes will be responsible for the development, oversight and maintenance...
Sunrise Management named Lydia Stiles as asset director expanding Portland office
Expanding its new Portland, Oregon office, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has added Lydia Stiles as asset director for the region. In this capacity, Stiles takes...
Levin Johnston completes $15.8 million sale of 24-unit multifamily community in Redwood City, California
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 announced the sale of Farm Hill Manor, a...
