Decron Properties Acquires Luxury Multifamily Community Margo at The Society in San Diego for...
Decron Properties has acquired Margo at The Society, a 240-unit, luxury multifamily community located just off Hotel Circle in San Diego, California for $125.5 million. The acquisition was fueled through a 1031 exchange with Decron...
SVA Architects and RCD Prep for Construction of Affordable Housing Project Longfellow Corner in...
In its first development with Berkley-based Resources for Community Development (RCD), SVA Architects is pleased to advance design for much-needed affordable housing in Northern California. Located in Oakland at the northwest corner of Martin...
KTGY Wins MHN Excellence Awards for Best Development & Design: Single-Family Rentals and Mid-Rise
KTGY, a national award-winning full-service architecture, branding, interior and planning firm focused on residential, retail, hospitality and mixed-use developments, announces that the firm won two 2023 MHN Excellence Awards for Best Development & Design. BB...
Safehold Closes Ground Lease for Affordable Housing Development 80 Saratoga in Santa Clara California
Safehold, Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of 80 Saratoga, a 200-unit Low Income Tax Credit ("LIHTC") community...
MBK Rental Living Sells Santa Maria Apartment Community Azure
MBK Rental Living has successfully executed the sale of Azure, a 318-unit, luxury garden-style apartment community in Santa Maria, California. Developed by MBK Rental Living and opened in September 2020, the luxury apartment community consists...
Mogharebi Group Arranges Sale of 60-unit Northport Apartments in Victorville California for $8.5M
The Mogharebi Group (TMG) has arranged the $8.5 million sale of Northport, a 60-unit multifamily community in Victorville, California, to the Housing Authority of the County of San Bernardino (HACSB). Located at 14243 Rodeo Dr....
CBRE Arranges Sale of 21-Unit Tropicana Apartments in Huntington Beach California for $7.05M
CBRE announced the sale of Tropicana Apartments, a 21-unit multifamily community in Huntington Beach, California to a private all-cash buyer. The sale price of $7.05 million represents a sale price of $698 per square...
The REMM Group Twice Awarded Management of Lincoln Village Apartment Community
The REMM Group is pleased to announce that it has been awarded the management contract for Lincoln Village Apartment Community for the second time. "We are excited to return to Lincoln Village Apartment Homes and...
LSW Architects Announces Ben Kaiser as Principal
LSW Architects is thrilled to announce the addition of internationally established mass timber architect Ben Kaiser, to the LSW team partnership. "Ben continues to be a highly sought after resource and leader within the North...
Wood Partners Unveils Latest Urban Village Apartment Community Alta University Place in Tacoma
Leading national multifamily real estate developer, Wood Partners, announced the official grand opening of its newest luxury residential community, Alta University Place. The upscale community is nestled in University Place, an upscale suburb situated...
JLL Arranged Construction Takeout Financing for Mossdale Landing Apartments in Lathrop California
JLL Capital Markets announced that it has arranged the $51 million construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style apartment community located in Lathrop, California. JLL represented the borrower,...
Marcus & Millichap Arranges $18.4M Construction Financing for Development of Multifamily Properties in Escondido...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $9,200,000 and $9,115,068 construction loans for the development of a multifamily property located at 555 West...
Montgomery Partners Returns to Sacramento with $13.3M Acquisition of Woodland Oaks Apartments
Montgomery Partners has announced the purchase of Woodland Oaks Apartments, a two-story garden-style apartment complex in Woodland, California. The property is conveniently located a mile from the Westgate Shopping Mall and three miles from the...
Fourth Avenue Capital Acquires The Ridge Apartments in Vancouver Washington within the Portland MSA
Fourth Avenue Capital purchased The Ridge, a Class-B multifamily property located in Vancouver, Washington in an off-market transaction. Fourth Avenue Capital now owns 18 assets across its portfolio, including three other properties in the Portland MSA. Vancouver...
CBRE Facilitates Sale of Two Multifamily Apartment Communities Totaling 24 Units in Northern Orange...
CBRE announced the sale of two multifamily properties totaling 24 units for $7.61 million in northern Orange County, California to two separate buyers. In the first transaction, CBRE’s Executive Vice President Dan Blackwell and Associate...