Tower 16 Capital Partners announces the sale of Hillside Village Apartments for $16.5 million
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...
Northern California multifamily sale completed by Institutional Property Advisors
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 completes $2.32 million sale of apartment property in Coveted Long Beach 4th...
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...
The Kanner Group completes $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily...
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...
How Californians have weaponized environmental law
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...
The upzoning wave catches California
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 acquires 261-unit senior housing community in Anaheim Hills, Calif. for $87.5...
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...
Commercial real estate veteran Denise Katz joins Cityview as director of asset management
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...
Industry veteran Edgar Morales joins Rose Community Capital as Director of FHA/USDA Loan Originations
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...
Gino Franco and Sandy Skeie of Marcus & Millichap broker multifamily asset sale in...
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...
2851 Boston Ave. apartments in San Diego, California purchased
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...
Inland Empire multifamily asset closes at $88 million
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...
Tower 16 Capital Partners sells The District at Grand Terrace in Colton, California, for...
San Diego-based Tower 16 Capital Partners has successfully sold The District at Grand Terrace, a 352-unit apartment project located in Colton, Calif. The property was originally purchased in 2019 for $63,050,000 and was sold...
The Kanner Group brokers $5.955 million sale of 11-unit townhome-style building in Hollywood
Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has brokered the $5.955 million sale of a fully occupied 11-unit condo-mapped townhome property located at 5420 Harold Way...
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...
