JLL completes acquisition financing of ultra-luxury Downtown Los Angeles multihousing tower
JLL Capital Markets announced that it has arranged the acquisition financing for THEA at Metropolis, a 685-unit, ultra-luxury, high-rise multihousing community located in Downtown Los Angeles.
JLL worked on behalf of the new owner to...
Marcus & Millichap Capital Corporation arranges $15 million financing for multifamily property in San...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $15.043 million loan for the refinancing of Santa Fe Townhomes, a multifamily property located at...
Institutional Property Advisors negotiates $54 million Los Angeles multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Haven Warner Center, a 205-unit multifamily asset in the Warner Center, a master-planned neighborhood and business hub in Los Angeles,...
The Kanner Group completes $11.55 million sale of The Glendon Apartments, a 27-unit trophy...
Matthew Kanner, Executive Managing Director of Keller Williams Commercial & President of The Kanner Group, is pleased to announce the completion of the $11,550,000 sale of The Glendon Apartments, a 27-unit apartment building located at...
$16.333 million financing secured for Santa Rosa affordable housing project
JLL Capital Markets announced that it has arranged the $16.333 million construction financing of The Cannery at Railroad Square, a 129-unit affordable housing project located in Santa Rosa, California. This transaction marks the first...
Los Angeles-area multifamily asset trades for $49.6 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Alivia Apartments, a 128-unit multifamily property in Whittier, California. The leasehold interest of the property sold for $49,625,000,...
Avanath Capital Management expands multifamily footprint in Northern California with the acquisition of affordable...
Avanath Capital Management, LLC, a private real estate investment manager, announces the acquisition of the Novato Portfolio, comprising two LIHTC rental apartment properties in the Bay Area submarket of Novato, California, for $131.5 million.
Purchased...
Cityview reveals name for mixed-use project in historic Filipinotown
Cityview, a premier multifamily investment management and development firm, unveiled the name of its 243-unit workforce housing project in Los Angeles’ Historic Filipinotown (HiFi) as Belle on Bev. Slated to complete in Q4 of...
Multihousing asset in coastal California secures $13.1 million in financing
JLL Capital Markets announced that it has closed the $13.1 million acquisition financing for The Independent, a Class A, 61-unit multihousing asset located in Sand City, California within Monterey County.
JLL marketed the property on...
Institutional Property Advisors closes Hollywood apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Scout off Sunset, 136-unit apartment property in the Hollywood neighborhood of Los Angeles, California.
“During our marketing and escrow period we...
Stepp Commercial completes $9.325 million sale of 24-unit apartment property in Signal Hill, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $9.325 million sale of a 24-unit apartment property located at 1867 Temple Avenue in Signal Hill, a city completely...
Sunrise Management adds The Warwick to San Diego portfolio
Following the $37.4 million sale of the luxury multifamily community The Warwick—a newly renovated Class A project in San Diego’s vibrant Hillcrest neighborhood—San Diego-based Sunrise Management has taken over its day-to-day management. Previously a...
The Mogharebi Group arranges more than $18.35 million sale of 66-unit final phase of...
The Mogharebi Group (TMG) has arranged the $18.365 million sale of the 66-unit Samish Station 3, the third and final phase of Samish Station, a 119-unit multifamily community in the Puget Sound city of...
Trion Properties acquires 104-unit multifamily community in Sacramento, California for $23.6 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, announces the acquisition of 1503 Fulton Avenue, a 104-unit multifamily community located in Sacramento,...
$34.7 million financing arranged for Tacoma multihousing development
JLL Capital Markets announced that it has arranged the $34.8 million construction financing for Cornus House, a 199-unit, mid-rise multihousing development located in downtown Tacoma, Washington.
JLL represented the developer, Arboreal Investments, to secure the senior...