Pacific region

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...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mira Vista Hills, a 280-unit apartment community in Antioch, California. IPA’s Salvatore Saglimbeni, Stanford Jones, Philip Saglimbeni, and Alex Tartaglia...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.32 million sale of an 8-unit apartment property located at 3011 E. 4th Street in the heart of the...

Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has completed the $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily property located at 835 W. Rosecrans...

By any reasonable metric, the empty lot on the corner of First and Lorena Street in the Boyle Heights neighborhood of Los Angeles is a natural place to build housing. With a bus stop...

To boost housing, cities like Berkeley and Sacramento are striking down single-family zoning laws and encouraging more dense development, joining a nationwide trend. It was a small step, with huge symbolic significance: The city council...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its second senior housing community in Orange County in less than 90 days, Overlook at Anaheim Hills in...

Cityview, a vertically integrated real estate investment management firm focused on multifamily and mixed-use real estate in the Western U.S., announced that Denise Katz has joined the team as director of asset management. Katz...

Rose Community Capital (RCC), the lending arm of Jonathan Rose Companies focused on the origination, underwriting and placement of FHA insured multifamily mortgages, announces that 30+ year industry veteran Edgar Morales has joined the...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced sale of 225 Mallorca Way, a 21-unit multifamily property at Mallorca Way and Capra...

JLL Capital Markets announced that it closed the $2.4 million sale of 2851 Boston Ave., a nine-unit apartment community located in the Barrio Logan submarket of San Diego, California. JLL represented the seller, WLA Investments...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of District at Grand Terrace, a 352-unit multifamily property in Colton, California. The property sold for $88 million, or $250,000 per...