Calmwater Capital Funds $32.25M Construction Loan to Complete The One in San Gabriel California
Calmwater Capital has provided Alhambra, California-based GE Development, Inc. with a $32.25 million construction loan for the completion of The One, an 81-unit multifamily development over 13,000 square feet of street-level retail in the...
Thorofare Capital Refinances Class A Multifamily Property Chapman Place Apartments in San Diego
Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, announced it provided a $26,000,000 loan to Chapman Place LLC for the refinancing and lease-up of Chapman Place Apartments...
Stream Real Estate Acquires Queen Anne Plaza Office Building for Residential Conversion
Seattle-based developer and investor Stream Real Estate acquired Queen Anne Plaza, a four-story office building in Seattle’s central business district, for $7 million with the intention of converting the property into apartments. Seattle-based entity...
Marcus & Millichap Closes Two-Property Multifamily Sale in Orange County, Park Tower and Park...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a two-property multifamily portfolio in Santa Ana, California. The assets are...
Tejon Ranch to Start Construction on First Residential Multifamily Community Terra Vista at Tejon
Tejon Ranch Co. (TRC: NYSE) announced it is taking the next step in its evolution as a real estate development company by moving forward with the development of residential communities on the Ranch, providing...
Cushman & Wakefield Brokers Sale of 28-Unit Nicholas Townhomes in North Puget Sound for...
Cushman & Wakefield announced the firm has brokered the sale of Nicholas Townhomes, a desirable 28-unit townhome community featuring all two-story 2-bedroom/1.5-bathroom floor plans in Sedro Woolley (Seattle), Washington.
Cushman & Wakefield’s Byron Rosen, Tim...
Newly Renovated Multifamily Property at 920 Everett Street in the Victor Heights Area of...
VF Developments, LLC has leased up 920 Everett Street, a 2000s built modern style multifamily property after completing major renovations. The community is located in the highly desirable Victor Heights neighborhood in Los Angeles,...
CBRE Arranges $5M Sale of 19-Unit Crestview Apartments in Costa Mesa
CBRE announced the sale of Crestview Apartments, a 19-unit multifamily property in Costa Mesa, California to a local private investor for $5.025 million. The selling price represents $563 per square foot and $264,474 per...
The Mogharebi Group Secures $42.7M For Sale of The Edge at Lakewood Apartments in...
The Mogharebi Group (TMG) has arranged the $42.7 million sale of the Edge at Lakewood Apartments, a 196-unit apartment community in Modesto, California, on behalf of Osso Capital and Graceada Partners. The sale, which...
CW Driver Completes $37.8M Begonia Place in the Temple City Neighborhood of Los Angeles
C.W. Driver Companies, a leading builder serving California since 1919, announced the completion and opening of Begonia Place in Temple City, a neighborhood northeast of Los Angeles. The $37.8M mixed-use residential project is the...
JLL Arranged Sale and Financing for Margo at the Society in the Mission Valley...
JLL Capital Markets announced that it has closed the sale of and arranged the acquisition financing for Margo at the Society, a generational, 240-unit, seven-story core multi-housing opportunity located in San Diego, California in...
WORKS Announces New Executive Director Monique Davis
Women Organizing Resources Knowledge and Services (WORKS), a leading nonprofit specializing in affordable housing development in Los Angeles County, is delighted to announce the appointment of Monique Davis as its Chief Executive Officer, effective...
Caribou Industries Pulls $5.6M to Begin Construction on High-Rise Development 3rd & Broadway Promenade...
Caribou Industries, a leading, national contractor and developer of residential, commercial and resort real estate, announced that it has pulled $5.6 million in building permits and executed a disposition and development agreement (“DDA”) with...
Institutional Property Advisors Brokers $171M Ventura County Multifamily Portfolio Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the $171.25 million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks, California within Ventura County. The properties are Los...
CBRE Arranges $17 Million in Multifamily Property Sales for 1031 Exchange Buyer in SoCal
CBRE announced the acquisition of five multifamily properties in Torrance and Long Beach, California, on behalf of an exchange buyer. The five transactions fulfilled the buyer's 1031 exchange requirement following the sale of a...
