San Francisco multihousing lease up financed for $104 million
JLL Capital Markets announced that it arranged the $104 million refinance of City Gardens, a recently developed multihousing property located in San Francisco, California. JLL worked on behalf of the borrower, Panoramic Interests, to secure...
Avison Young brokers $16.22 million sale of 56-unit apartment property in Buena Park, California
Avison Young announced it has brokered the $16.22 million sale of Sunrise Apartment Homes, a 56-unit multifamily property located at 8462 Whitaker Street in Buena Park, CA. Avison Young Principal Peter Hauser and Associate Matt...
Joint venture equity arranged to develop apartments in Portland, Oregon
JLL Capital Markets announced that it has arranged joint venture equity for the development of Modera Morrison, a 247-unit mixed-use multihousing and retail development in a qualified opportunity zone in Portland, Oregon’s popular Central...
$72.65 million Westside Los Angeles multifamily portfolio sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Westside Collection, an eight-property, 212-unit multifamily portfolio located in the Westside region of Los Angeles County, California. The total...
Veteran CRE broker Robin D. Ossenbeck joins Kidder Mathews’ in West LA
Robin D. Ossenbeck has joined Kidder Mathews’ West Los Angeles office as a senior vice president, where she will continue to specialize in multifamily investments. Ossenbeck is a veteran in commercial real estate with more...
Stepp Commercial completes $7.68 million sale of The Flynn, a 37-unit apartment property, in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $7.68 million sale of The Flynn, a 37-unit apartment property located at 170 S. Mountain View Avenue in Los...
Rare East King County apartment building sells for $9 million
Calabria, a multifamily property located at 2000 NW Talus Drive in Issaquah, Washington, has sold for $9,000,000 ($450,000 per unit) to a local apartment investor, Fourth Avenue Capital. The seller, Pacifica Companies out of...
Avanath Capital Management enters Orange County market; Acquires 85-unit senior housing community in Garden...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has announced its entrance into the Orange County market with the acquisition of The Grove Senior Apartments, an 85-unit senior...
Parkview Financial provides $27.5 million construction loan for a 178-unit apartment community in Vancouver,...
Parkview Financial announced it has provided a $27.5 million construction loan to Hurley Development for the development of Kestrel Park Apartments, a 178-unit apartment community located at 15306 NE Fourth Plain Road in Vancouver,...
Jonathan Rose Companies acquires Piedmont Apartments in Oakland
Jonathan Rose Companies, LLC, a leading investment manager with expertise in green affordable and mixed income acquisition and development, through its Rose Affordable Housing Preservation Fund V (the Fund), has closed on the administrative...
Shopoff Realty Investments moves ahead with $90 million luxury condominium community in Newport Beach
Shopoff Realty Investments, a national real estate and investment firm based in Irvine, announced details of a $90 million luxury condominium community coming to Newport Beach as part of its $1.25 billion master-planned development,...
Livingston Street Capital expands 55+ active adult and independent living portfolio footprint to west...
An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired King City Senior Village, an independent living multifamily community in the greater...
Rare Capitol Hill apartments with development potential sells for $4.5 million
A multifamily property located at 433 Bellevue Avenue East in Seattle’s Capitol Hill neighborhood has sold for $4,500,000. Dylan Simon, Jerrid Anderson, Matt Laird, and Winslow Lee of The Simon and Anderson Team partnered...
California extends eviction moratorium
California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also creates the State Rental Assistance Program which will use funds...
Kyle Naye joins Cityview as senior director of aquisitions
Cityview, a vertically integrated real estate investment management firm focused on multifamily and mixed-use real estate in the Western U.S., today announced the addition of Kyle Naye as the firm’s senior director of acquisitions....
