Stos Partners expands its multifamily holdings with acquisition of third apartment community in Southern...
Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, recently acquired Lincoln Washington Apartments, a 25-unit multifamily property in the El Cajon submarket of San Diego...
Marcus & Millichap’s Institutional Property Advisors (IPA) division adds multifamily research expert Greg Willett
Marcus & Millichap, Inc., a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced that Greg Willett has joined the firm as first vice president responsible for...
PCCP, LLC provides a $75 million loan to Griffis Residential for the acquisition and...
PCCP, LLC has provided a $75 million senior loan to Griffis Residential for the acquisition and repositioning of The Post, a 16-story, 208-unit apartment property located at 888 Western Avenue in downtown Seattle.
Situated at...
Sunrise Management elevates Dennis Mitchell to vice president
San Diego-based Sunrise Management—which has specialized in the management of multifamily real estate since 1978—has promoted Dennis Mitchell to vice president of client strategy. Mitchell was previously a regional vice president for the company’s...
Institutional Property Advisors closes luxury Eastside Los Angeles multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Perch, a mixed-use asset consisting of 59 luxury residences and 2,646 square feet of ground-floor retail on the border...
$47M multihousing property near Portland sells
JLL Capital Markets announced that it has closed the $47 million sale of Summit at Hyland Park, a 137-unit, value-add, garden-style multihousing community located in Beaverton, Oregon.
JLL represented the seller, DB Capital Management. FPA...
Institutional Property Advisors closes $80 million San Bernardino County apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Benson, a 236-unit multifamily property in Upland, California. The asset sold for $80.75 million, or $342,161 per unit.
“The Benson...
Institutional Property Advisors completes $60 million apartment sale in L.A.’s Hancock Park
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Broadstone Candara at Hancock Park, a 103-unit multifamily asset in Los Angeles, California. The property sold for $60.1 million, which...
Marcus & Millichap names new Chief Human Resources Officer
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced that Mira Wolff has joined the firm as senior vice president and chief human...
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...
