Institutional Property Advisors Brokers $203M Sale and Arranges $127.8M Financing for Silicon Valley Multifamily...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Summerwood Apartments, a 468-unit multifamily property located at 444 Saratoga Avenue in Santa Clara, California. The property sold for...
AvalonBay Communities Announces $105.5M Sale of Multifamily Community AVA Ballard in Seattle
AVA Ballard, a 265-unit multifamily community in Seattle, has traded hands in a recent transaction worth $105.5 million, or $398k/unit. The asset, located at 5555 14th Avenue NW, was sold by AvalonBay Communities. AVA Ballard,...
Bascom Group Acquires 92 Waterfront Apartment Units at 2300 Elliott in Seattle’s Highly Desirable...
The Bascom Group, LLC ("Bascom") has acquired 2300 Elliott, a 92-unit multifamily community located in the high-growth city of Seattle, Washington. Jamie Kline and Annie Rice with JLL arranged debt financing for the buyer. Chad...
Joint Venture of Cityview and Stockbridge Announce Topping Out at Multifamily Community Apollo in...
Cityview and Stockbridge have topped out construction on Apollo, a 265-unit community at 12888 Crenshaw Boulevard in Gardena, California. “Apollo is bringing more than 250 units of much-needed housing to one of the fastest growing...
Priority Capital Advisory Arranges $18M in Construction Financing for ED1 Affordable Housing Project at...
Priority Capital Advisory, a Los Angeles-based premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, has secured $18 million in senior debt financing for the construction of...
Joint Venture Acquires 158-Unit Multifamily Community Vista Imperio in Riverside
Western National Group (WNG) announces the acquisition of Vista Imperio, a 158-unit garden-style multifamily community built in 2005 located in Riverside, California. Vista Imperio was acquired in a joint venture partnership with Sagard Real Estate,...
JLL Arranges Financing for Coastal Multifamily Property Sale of El Jugador in Southern California
JLL Capital Markets announced that it has secured a $4 million acquisition financing for El Jugador, a 15-unit multifamily property located in Oceanside, California. JLL worked on behalf of the borrower, ORKA Holdings, to arranging...
Marcus & Millichap Facilitates the $13.5M Sale of Sterling Pointe Apartments Near Sacramento
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, finalized the sale of Sterling Pointe Apartments, a 57-unit apartment property located in Davis, California...
Kennedy Wilson-Managed Fund Spends $110M on Two-Property Pacific Northwest Multifamily Portfolio Including Axle and...
A real estate fund managed by Kennedy Wilson has acquired two multifamily communities -- Axle, a 226 multifamily community in Seattle and Denizen, a 212-unit multifamily community in Portland – for a total of...
Northmarq Arranges the $30M Refinancing of Senior Living Asset Quail Park at Shannon Ranch...
Northmarq’s Seattle Debt + Equity team led by managing director Stuart Oswald arranged the $29.5-million refinance of Quail Park at Shannon Ranch, a 120-unit independent living, assisted living and memory care community located at...
CBRE Announces $20M Sale of Multifamily Asset Pure Beach Living in Carlsbad
Dunbar Residential Investments, in partnership with Long Wharf Capital, acquired Pure Beach Living (formerly known as Tamarack Sands Apartment Homes), a 40-unit residential property in Carlsbad, California for $20.9 million ($522.5k/unit). The community offers all...
Interstate Equities Completes $35M Acquisition of Multifamily Property The Marina at Martha Lake Near...
Interstate Equities Corporation has acquired The Marina at Martha Lake, a 124-unit garden-style community in Bothell, for $34.75 million. CBRE’s Mark Washington, Kyle Yamamoto, and Eli Hanacek brokered the transaction. The deal was closed with...
Avison Young Announces Completion of Second Phase of Downtown Burbank Mixed-Use Development First Street...
The second phase of First Street Village in Burbank, California has been completed. The project is a modern, three-phase mixed-use apartment community located at the intersection of First Street, and Magnolia Boulevard in the...
Institutional Property Advisors Closes Multifamily Asset Sale of Cedardale in Seattle MSA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cedardale, a 126-unit multifamily asset in Federal Way, Washington. “With meticulously maintained grounds, a park-like setting and walkability to numerous retailers...
Walker & Dunlop Arranges 2nd Largest Sale in San Diego in 2024 for Multifamily...
Walker & Dunlop, Inc. announced that it arranged the $185,000,000 sale of Preserve at Melrose, a suburban multifamily community built in 2015 that comprises 410 units in Vista, one of San Diego's most sought-after...