Pacific region

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 (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...

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 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...

Marcus & Millichap, a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, announced that it has expanded the Board of Directors with the election of Collete...

The BRIDGE Housing Board of Directors has named Kenneth T. Lombard the new President and CEO of BRIDGE, effective November 15, 2021. BRIDGE is a leading nonprofit developer, owner and manager of affordable housing...

JLL Capital Markets announced that it has closed the $44 million sale of Misty Ridge, a 103-unit, garden-style multihousing community in Happy Valley, Oregon, in the Portland MSA. JLL marketed the property on behalf of...

Transwestern Real Estate Services (TRS) announces the team of Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented both parties in the sale of Park Knoll Apartments, a 160-unit multifamily community at 10680...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.95 million acquisition of a 16-unit apartment property located at 11502 to 11506 Adco Avenue in Downey, Calif. Stepp Commercial’s...

PCCP, LLC announced it has provided a $40 million senior loan to an affiliate of Carmel Partners for the acquisition of One38 Apartments, a 101-unit apartment community located adjacent to the San Jose Convention...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sycamore Hills Village, 155-unit multifamily asset in Vista, California. The property sold for $59.5 million, or $383,870 per unit. “The acquisition...

JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Seven West at the Trails (Seven West), a 423-unit, garden-style multihousing community in the Portland suburb of Beaverton,...

San Diego-based Tower 16 Capital Partners has acquired Sorelle Apartments, a 330-unit multifamily property located in Moreno Valley, Calif., for $85 million. The Sorelle Apartments project was built in 1986 and was acquired from...

JLL Capital Markets announced that it has arranged $31.6 million in acquisition and mezzanine financing for Estancia Senior Living, a 103-unit, 114-bed, newly developed, Class A assisted living and memory care community in the...

SB Real Estate Partners (SBREP) has acquired ReNew Redlands, a Class B, 124-unit garden-style apartment community located in Redlands, Calif, for $46.2 million. The property has been renamed Portola Redlands, and SBREP intends to...