Thursday, March 28, 2024

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Paul Klink

Kidder Mathews creates client services role, appoints veteran CRE professional Paul Klink

Kidder Mathews, the largest independently owned commercial real estate firm on the West Coast, has promoted Paul Klink to President of its new Client Services endeavor, which will focus on expanding Kidder Mathews’ client...
Sunset Summit

Institutional Property Advisors negotiates $80.75 million apartment complex sale in Portland Oregon

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sunset Summit, a 261-unit multifamily property in the West Hills neighborhood of Portland, Oregon. The property sold for $80.75 million,...
Bedford Apartments

TOC zoned multifamily property in Pico Robertson neighborhood sells for $5.2 million

The Bedford Apartments, a multifamily land redevelopment property, located at 1442-1446 S. Bedford Street in Los Angeles, California, has been purchased by Trion Properties, Inc., a large real estate investment company, for $5,200,000. The...
Terraces at Highland Reserve

Davlyn Investments acquires Roseville apartment community

Davlyn Investments, a prominent California multifamily investment firm, recently closed escrow on the $95,000,000 purchase of “The Terraces at Highland Reserve,” a 273-unit, luxury, Class A, multifamily community in Roseville, California. The property, which...
Adams and Grand

Cityview and Townsend Group partner on $125 million Opportunity Zone project in Los Angeles

Cityview, a premier multifamily investment management and development firm, and an opportunity zone program managed by The Townsend Group, a leading provider of investment management and advisory services exclusively focused on real estate and...
Treeline 604

Institutional Property Advisors closes $37.75 million multifamily sale in Portland Metro area

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Treeline 604, a 166-unit apartment asset in Vancouver, Washington. The property sold for $37.75 million, which equates to $227,410 per...
Cypress Gardens

94-unit apartment portfolio sells for $14 million in Tualatin, Oregon

Kidder Mathews is pleased to announce the sale of the Cypress Gardens and Casa De Robles apartment portfolio for $14,000,000. The two properties are comprised of 94 total units and located at 19545 and...
Park Luxury Townhomes

51-unit Park Luxury Townhomes sells for $17 million

The Park Luxury Townhomes, a 51-unit multifamily property located at 12135 122nd Avenue E. in Puyallup, Washington, has sold for $17,000,000 in an off-market sale structured by Kidder Mathews. The buyer was Overland Real...
Twin Palms

Stepp Commercial completes $9.8 million acquisition of Twin Palms, a 17-unit apartment property in...

Stepp Commercial has completed the $9.8 million acquisition of Twin Palms, a 17-unit apartment property located at 136 Cliff Drive and 145 Cedar Way in Laguna Beach, CA. Senior Vice President Todd Hawke and Principal...
Bella Pointe Apartments

Trion Properties bolsters Northern California portfolio with acquisition of Bella Pointe apartments in Sacramento

Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, with equity partner Walker & Dunlop, has acquired Bella Pointe Apartments, a 136-unit multifamily community in the Sacramento...
Solare Apartments

Marcus & Millichap closes $63.75 million multifamily asset sale in Greater Los Angeles

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Solare Apartments, a 240-unit multifamily asset in Santa Ana, California. The...
Chateau Woods

Sack Properties acquires Chateau Woods apartments in Woodinville, Washington

Sack Properties (Sack), a 62-year-old, San Francisco-based real estate investment and management firm with a $750 million portfolio of approximately 2,500 multifamily units throughout the Western United States, announced the acquisition of Chateau Woods,...
1066 Coronado Avenue

Stepp Commercial completes $2.4 million sale of 8-unit apartment property in Eastside Submarket of...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $2.4 million sale of an eight-unit apartment property located at 1066 Coronado Avenue in Long Beach, CA. Principal Robert...
26-989 Las Posas Monument

Raintree Partners acquires portfolio of five Southern California multifamily properties totaling 551 units for...

Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million. The properties...
Cascades Village

Avanath Capital Management acquires two affordable housing communities totaling 209 units in Sterling, Virginia...

Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of a senior affordable housing community located in Sterling, Virginia and...
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