Pacific region

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Autumn Grove, a 148-unit multifamily asset in Vancouver, Washington. “This investment by The Calida Group marks the Las Vegas-based company’s first...

Knighthead Funding LLC has provided a $20.9 million loan for the construction of an eight-story, 115-unit multifamily building in Tacoma WA. The Sponsor is a single purpose entity formed by three local investors who have...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.455 million sale of a 20-unit apartment property located at 1000 Redondo Avenue in the Eastside submarket of Long...

Westland Investors announced the successful acquisition of Tall Oaks Apartments. Located on SW Caldwell Road in Gladstone, the 64-unit apartment building’s closing price was $10,150,000. Westland worked closely with Greg Frick and Tyler Johnson of HFO...

JLL Capital Markets announced that it has closed the $8.5 million sale of a four-property multihousing portfolio totaling 28 units and located throughout San Diego, California. JLL represented the seller in the sale of the...

Parkview Financial has announced it has provided a $42 million construction loan to Kirkland Development for the construction of The Ledges at Columbia Palisades, an entitled 90-unit apartment and 51 condominium project located at...

Berkadia announces it has arranged the sale and financing of Arbour Court, a 75-unit garden-style apartment community located in Burien, a suburb of Seattle, Wash. The property traded for $19.1 million. Senior Managing Director Kenny...

JLL Capital Markets announced it closed the $45.3 million sale and arranged a $27 million acquisition financing for Il Palazzo, a 108-unit multihousing community located in the heart of Little Italy, San Diego, California. JLL...

San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 214 units in Colton, Calif., for $41 million. The 1333 Canyon project consists of 104 units built in 1986 while...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.17 million sale of Slauson Manor Apartments, a 9-unit apartment property located at 2204 W. Slauson Avenue in Los...

JLL Capital Markets announced it closed the sale of Northpointe, a 158-unit luxury multihousing property located in Portland, Oregon. JLL represented the seller, a partnership between Fore Property Company and Principal Real Estate Investors, to...

Gov. Newsom announced his intent to pay rental housing providers 100 percent of rent that’s gone unpaid because of COVID-19. “This is certainly welcome news, and we applaud Gov. Newsom for his commitment to making...

Avison Young announced it has brokered the $10.8 million sale of Via Sherman Oaks, an 18-unit apartment property located at 4623 Willis Avenue in Sherman Oaks, California. At $600,000 per unit, the sale also...

Expanding its new Portland office, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has added Amy Cleveland as its newest regional real estate manager. In her new role, Cleveland...

Tower 16 Capital Partners has sold Hillside Village Apartments, an 80-unit multifamily project in San Bernardino, for $16.5 million. The property was purchsed in January 2019 for $11 million in an off-market transaction. Tower...