Stepp Commercial completes $10.7 million sale of Gramercy Hollywood a 28-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.7 million sale of Gramercy Hollywood, a 28-unit apartment property located at 1836 N. Gramercy Place in one of...
$16.7 million construction take-out financing secured for L.A. multihousing community
JLL Capital Markets announced that it has arranged the $16.7 million construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multihousing community located in the Koreatown submarket of Los Angeles, California.
JLL represented...
SALT, sanctuary and rent control, oh my
Fast five facts on the state of California
California has the nation’s highest income tax rates, topping out at 13.3 percent of taxable income (SALT=state and local tax).
California depends on those taxes for 70 percent...
Attractive financing secured for an ultra-luxury multihousing asset in Beverly Hills, California
JLL Capital Markets announced that it has arranged financing for two trophy assets in Beverly Hills, California. JLL secured the senior notes with Wintrust Financial for 9440 Santa Monica Blvd., an approximately 92,000-square-foot, trophy,...
Pathfinder Partners acquires value-add multifamily community in desirable Sacramento suburb
Pathfinder Partners, a San Diego-based firm specializing in value-add multifamily real estate investments, announced the $28,825,000 acquisition of Rosemont Park – a 170-unit apartment community near the center of downtown Rosemont at 9190 Schmuckley...
Trion Properties repositions and recapitalizes two multifamily communities totaling 373 units in Greater Portland,...
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has recapitalized a multifamily portfolio in the greater metropolitan area of Portland, Oregon, in...
CBRE Completes Sale of Apartment Property in Torrance California
CBRE announced the sale of an 11-unit multifamily community in Torrance, California for $4.81 million.
Commenting on the transaction, Blackwell stated, “This was an exceptional opportunity for the buyer, as apartment sales are relatively rare...
Levin Johnston directs $11.7 million sale of newly renovated 22-unit multifamily community in Redwood...
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 directed the $11.7 million sale of Woodside North,...
Affordable multifamily worth its metal
Until now, affordable, green and rental housing haven't always gone hand in hand. With the opening of the first and only affordable apartments in the East Rancho Dominguez redevelopment area, eco-friendly housing no longer...
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...
Levin Johnston directs $17.28 million sale of core plus multifamily community in San Jose,...
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 directed the $17.28 million sale of Lakewood Court...
Intracorp starts construction on 321-residence apartment building in Little Saigon
Prominent North American developer, Intracorp, announced today that it is preparing to begin construction on a brand-new, 321-residence apartment building within Seattle’s Little Saigon neighborhood.
Located at South Jackson Street and 12th Avenue, the demolition...
Partner Valuation Advisors Adds Leader for The West Region
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continues its strategic expansion by adding Phillip Hanshew, MAI, as Managing Director in San Francisco. Mr. Hanshew will lead Partner’s market growth efforts...
Dunleer sells 8-unit apartment property for $3.31 million in Silver Lake submarket
Dunleer, a Los Angeles-based private real estate investment and development firm, today announced the $3.31 million sale of The Monroe Apartments & Bungalows, a two-building, eight-unit apartment property located at 4018 Monroe Street in the...
Stepp Commercial completes $2.85 million sale of a 9-unit value-add apartment property in Koreatown...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.85 million sale of a nine-unit apartment property located at 821 S. Gramercy Drive within the Koreatown submarket of...
