Friday, March 29, 2024

Pacific region

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

TownCenter Park

Canadian REIT buys Portland-area multihousing community for $30 million

JLL Capital Markets announced that it has closed the $30 million sale of TownCenter Park, a 111-unit, 1990-built, garden-style multihousing community in Wilsonville, Oregon. JLL marketed the property on behalf of the seller, Curtis Capital...
1085 Molino Avenue

Stepp Commercial completes $4.39 million portfolio sale of two apartment properties in eastside submarket...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.39 million portfolio sale of two apartment properties located in the Eastside submarket of Long Beach, Calif. Principal Robert Stepp...
Broadleaf Apartments

Intercontinental Real Estate Corporation enters Sacramento market partnering with Security Properties on 244-unit multifamily...

Intercontinental Real Estate Corporation (Intercontinental) in joint venture with Security Properties have acquired Broadleaf Apartments, a 244-unit Class B+ garden-style apartment community located in the Pocket neighborhood of Sacramento, Calif. The off-market transaction represents a...
Citizen & Oake

Thayer Manca Residential sells renovated Washington property for $60 million

Thayer Manca Residential (TMR) has sold their latest multifamily property in Lakewood, Washington, Citizen & Oake, for $60,000,000. The Seattle-based investment firm acquired the 231-unit apartment community in August 2016 for $32,950,000 and completed...
The Gallery

Avison Young arranges the sale of The Gallery, a 10-unit mixed-use property in Laguna...

Avison Young announced it has arranged the sale of The Gallery, a 10-unit mixed-use property located at 326-336 North Coast Highway in Laguna Beach, California (Orange County). The property consists of seven apartments units...
Woodbury Apartments

Thayer Manca Residential acquires new Washington state property

Thayer Manca Residential (TMR) has purchased Woodbury Apartments, their newest multifamily property in Olympia, Washington. TMR purchased the 127-unit property for $38,500,000.  With a $2.3m renovation budget, the repositioning plan includes a full redesign of...
Foothill Terrace

Colliers facilitates sale of 25-unit apartment community in San Leandro for $6.8 million

Leading diversified professional services and investment management company Colliers recently facilitated the sale of a 25-unit multifamily property called Foothill Terrace in San Leandro. Colliers’ Senior Vice President Rich Martini procured the buyer and...
Arboleda Apartments

RAAM Construction completes construction of a $29 million affordable senior housing development in La...

RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has completed the construction of an affordable senior housing development in La Puente, California for $29 million. The 71,499...
Twenty Twenty

PCCP, LLC provides $51 million loan to ColRich Multifamily for the acquisition of a...

PCCP, LLC announced it has provided a $51 million senior loan to ColRich Multifamily for the acquisition of Twenty Twenty, a seven-story, 162-unit mid-rise apartment property located at 2020 NE Multnomah Street in Portland,...
Terri Ann Apartments

Colliers completes sale of Terri Ann Apartments for $6.3 million

Colliers is pleased to announce the sale of Terri Ann Apartments, a 25-unit multifamily building located at 1331 Terry Avenue in Seattle’s First Hill neighborhood. Tim McKay, Dan Chhan, Sam Wayne and Matt Kemper...
Solterra at Civic Center

$81 million sale of multihousing community in Los Angeles closes

JLL Capital Markets announced that it has closed the $81 million sale of Solterra at Civic Center, a 192-unit, garden-style, value-add multihousing community in Norwalk, California. JLL marketed the property on behalf of the owner,...
Skandia Country Club

Marcus & Millichap brokers $58 million manufactured housing sale in Huntington Beach

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Skandia Mobile Country Club, a 167-unit mobile home complex in Huntington...
Village on Main Apartments

New luxury multihousing community in Tacoma purchased by MG Properties Group for $85.5 million

JLL Capital Markets announced that it has closed the $85.5 million sale of Village on Main Apartments, comprised of 200 luxury multihousing units in the Point Ruston master-planned community in Tacoma, Washington. The property...
Acton Courtyard

Avanath Capital Management acquires 71-unit mixed-use affordable housing and retail community in Berkeley, California

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired Acton Courtyard, a 71-unit mixed-use Affordable housing community with 7,013 square feet of ground-floor retail, located in Berkeley,...
Grace Gardens

C.W. Driver Companies completes $25 million memory care facility for Town & Country Senior...

C.W. Driver Companies, a premier builder serving California for more than 100 years, announced the completion of Grace Gardens, a 50,564 square-foot, two-story memory care facility for Town & Country in Santa Ana that...
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