Levin Johnston directs acquisitions of two Bay Area properties totaling $30.8 million on behalf...
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 announced the successful completion of two multifamily acquisitions...
Marcus & Millichap arranges the sale of 411 Euclid in Oakland, California
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 411 Euclid, a 13-unit apartment property located in Oakland, CA, according...
Institutional Property Advisors brokers sale of Landmark Tower in Hollywood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hollywood Tower, an historic, eight-story, 52-unit multifamily asset in Hollywood, California. The property sold for $20.1 million, which equates to...
Trez Capital hires financing industry veteran Kyle Geoghegan as managing director for Los Angeles...
Trez Capital is pleased to announce that Kyle Geoghegan has joined the company as managing director for its bridge lending program, leading the Western U.S. team. Geoghegan, who will operate out of the firm’s...
Mesa West Capital provides $187.5 million to finance three multifamily transactions
Mesa West Capital continues its wave of multifamily origination activity funding $187.5 million in first mortgage debt secured by communities in Chicago, Illinois; Phoenix, Ariz. and Portland, Oregon. In the largest of the three separate...
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...
PCCP, LLC provides $76 million loan for the acquisition and renovation of a 299-unit...
PCCP, LLC announced that it has provided a $76 million senior loan to an affiliate of Sares Regis Group for the acquisition and renovation of LIT Cortez Hill (formerly known as AVA Cortez Hill),...
Stepp Commercial completes $6.4 million sale of a 29-unit apartment property in Sylmar, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.4 million sale of Astoria Oaks, a 29-unit apartment property located at 13983 Astoria Street in Sylmar, California. Stepp Commercial’s...
Kidder Mathews sells South Lake Union apartment development site for $10.25 million
A prime South Lake Union apartment development site sold for $10.25 million in a transaction structured by Kidder Mathews. It is located at 1405 Dexter Avenue North in Seattle, Washington. Dylan Simon, Jerrid Anderson, and...
IMG acquires third San Antonio area apartment community in 2021
Investors Management Group (IMG), a California-based real estate investment and asset management firm, has acquired Heights at Converse, a 200-unit apartment community built in 2015 and located at 7855 Kitty Hawk Drive in Converse,...
Rent relief for some
California Governor Gavin Newsom, along with leaders of the California state Assembly and Senate, reached agreement on Assembly Bill 832. This will increase the portion of unpaid rent owed by the state’s renters which...
Levin Johnston directs acquisitions of three Bay Area properties totaling $68.25 million on behalf...
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 recently directed $68.25 million in acquisitions...
Stepp Commercial completes $4.05 million sale of 11-unit apartment property in Fourth Street /...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.05 million sale of a newly renovated 11-unit apartment property located at 2104 E. Florida in Long Beach’s Fourth...
Stepp Commercial completes $2.66 million sale of 6-unit apartment property in Belmont Heights neighborhood...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.66 million sale of a six-unit apartment property located at 4108 E. Broadway in Long Beach’s Belmont Heights neighborhood. Principal...
Apartments in sought-after Portland submarket purchased for $28.2 million
JLL Capital Markets announced it closed the $28.2 million sale of the Preserve at Sunnyside, a 108-unit value-add multihousing community located in the sought-after Clacakamas submarket of Portland, Oregon. JLL marketed the property exclusively on...