Ridge Capital acquires 444-unit San Francisco Bay Area multifamily portfolio
Ridge Capital Investors, LLC (Ridge) in joint venture with Contrarian Capital Management and Andell Holdings has acquired in an off-market transaction a two-property, 444-unit multifamily portfolio with assets located in the San Francisco East...
Levin Johnston announces close of more than $121.5 million in Bay Area multifamily transactions
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, announced that it has successfully closed more than $121.5...
Dunleer sells portfolio of three Los Angeles apartment assets totaling $12.18 million
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $12.18 million portfolio sale of three apartment properties in Los Angeles. The properties total 32 units and were sold to a...
The great disappeared
The state remains one of the most unequal in the nation—one that has both billions of dollars in Silicon Valley and rampant homelessness. The Golden State’s efforts to eliminate poverty instead accentuates it, and...
The Mogharebi Group brokers a 153-unit multifamily community in Long Beach, California
The Mogharebi Group (TMG) representing a Los Angeles based seller, brokered a $47.05 million sale of Fountain View Apartment Homes, a 153-unit community in the Los Angeles County city of Long Beach, California.
Built in...
Affirmed Housing to break ground on Della Rosa, serving Orange County’s chronically homeless and...
Affirmed Housing will host a groundbreaking ceremony for Della Rosa, a new housing community serving individuals experiencing chronic homelessness and households with low income. Located at 14800 Beach Boulevard in Westminster, CA, the 9am...
HUD reaches settlement with California housing providers accused of disability discrimination
The U.S. Department of Housing and Urban Development announced today that it has reached a Conciliation/Voluntary Compliance Agreement with housing providers in San Diego, Sacramento and Oceanside, CA, settling allegations that they violated the...
San Gabriel Valley multifamily asset sold by IPA for $78.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Trails at San Dimas, a 288-unit apartment property in San Dimas, California. The asset sold for $78.5 million, or $272,569...
Announcing Uptown Apartments at Kirkland Urban
Kirkland Urban co-developers Talon Private Capital and Ryan Companies US Inc., announced today the naming of the residential portion of the Kirkland Urban project, to be known as ‘Uptown’. The redevelopment site, historically known...
SVA Architects receives three “Awards of Merit” in Gold Nugget Competition
After announcing its recent move to a larger office in Santa Ana to accommodate its growing demand, SVA Architects, Inc. is celebrating another success upon learning that it earned three 2018 Gold Nugget Awards...
Stepp Commercial completes $4.39 million portfolio sale of two apartment properties in eastside submarket...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.39 million portfolio sale of two apartment properties located in the Eastside submarket of Long Beach, Calif.
Principal Robert Stepp...
Wood Partners announces groundbreaking of Alta Civic Station in Gresham, Oregon
Wood Partners, a national leader in multifamily real estate development and acquisition, recently broke ground on their newest luxury residential community—Alta Civic Station—in Gresham, Oregon.
The new residential community is located at 1699 NW Civic...
MBK Rental Living sells Blue Oak Multifamily Community in California’s Central Coast
MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...
CGI Strategies starts construction on third Koreatown multifamily development
Real estate investment and development firm CGI Strategies has started construction on a 200-unit apartment community at 837 S. Fedora in the heart of Los Angeles’ Koreatown. Fedora, which is being developed at a...
Trion Properties acquires 68-unit multifamily community in Portland, Oregon for $19.7 million
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the acquisition of The Russell Apartments, a 68-unit multifamily community in...
