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...
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...
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...
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...
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...
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,...
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...
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...
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...
Parkview Financial provides $16.6 million construction loan for development of 39-unit apartment community near...
Parkview Financial announced it has provided a $16.6 million construction loan to Los Angeles-based Janone Development, for the development of a six-story, 39-unit apartment project at 1100 – 1110 S. Hobart Boulevard in Los...
Stepp Commercial completes $14 million portfolio sale of 7 value-add apartment properties in Long...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $14 million portfolio sale of seven apartment assets totaling 60 units in Long Beach, California. Principal Robert Stepp and Senior...
California voters reject rent control – again
Prop 21, the rent control measure put before California’s voters in the recent election, went down to defeat. While results are still preliminary at this point, nearly 60 percent of the ballots tabulated to...
Levin Johnston directs $39 million apartment community acquisition in Haltom City, Texas
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, has directed the acquisition of Spring Lake Apartments, a...
Loan secured for 60-unit affordable housing community in Portland
JLL Capital Markets announced that it has arranged a loan for Center Village Apartments, a 60-unit affordable Low-Income Housing Tax Credit community in Northeast Portland, Oregon. JLL worked on behalf of Innovative Housing, Inc. (IHI)...
Hood Apartments in Gresham, Oregon sells for $12 million
Kidder Mathews is pleased to announce the sale of Hood Apartments for $12,000,000. The 64-unit, newly constructed apartment building is located at 1833 SE 6th Street in Gresham, Oregon. Jordan Carter, Clay Newton, and Tyler Linn,...