Thursday, March 28, 2024

Pacific region

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

Sunnyvale Saratoga

Levin Johnston directs three multifamily property sales in California Bay Area for a total...

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 three multifamily property sales in the Bay...
Joe Anfuso

Tower 16 Capital Partners hires Joe Anfuso as asset manager of $250 million portfolio...

Encinitas-based Tower 16 Capital Partners announced it has hired Joe Anfuso, a 15-year veteran in the real estate investment industry, as an asset manager to oversee its multifamily assets throughout the Southwest region. Tower 16...
Waters Technology Park

Former office park in San Mateo, California, sells for $106 million

A prime parcel of 11 acres strategically positioned between San Francisco and Silicon Valley has been purchased by Pulte Homes for redevelopment into a residential neighborhood of 190 homes, according to Cameron Fowler of...
Anthony Palladino

Anthony Palladino joins Institutional Property Advisors in Portland Oregon

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today that Anthony Palladino has joined IPA as a vice president in Portland, Oregon. He will assist institutional and major private multifamily investors...
William A. Millichap

Marcus & Millichap announces the passing of co-chairman William A. Millichap

Marcus & Millichap announced that William A. Millichap, co-chairman, has passed away after a year-long battle with cancer. He was 76 years old. Marcus & Millichap founder and chairman George M. Marcus issued the...
1972 Bellomy Street, Santa Clara, CA

Levin Johnston completes sale of multifamily portfolio in Santa Clara, California for $24.7 million

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 completed the sale of a 59-unit multifamily portfolio...
453 S. Gramercy Place

14-unit multifamily building trades for record price per SF during safer-at-home order

Transwestern Real Estate Services (TRS) announces it has brokered the sale of 453 S. Gramercy Place, a newly renovated, 14-unit multifamily building in the Koreatown submarket of Los Angeles. Managing Directors Josh Kaplan and...

Landlords sue to end state’s eviction ban

Two landlords filed a lawsuit challenging California courts’ refusal to hear eviction proceedings. In its response to the COVID-19 pandemic, the agency that oversees California’s courts declared that courts would not consider eviction cases...
Todd Hawke

Stepp Commercial promotes Long Beach multifamily sales expert Todd Hawke to senior vice president

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, is pleased to announce it has promoted Todd Hawke to Senior Vice President. Todd previously served as Vice President with the firm...
Modera Davis

JLL completes sale of Modera Davis in Portland

JLL Capital Markets announced that it has completed the sale of Modera Davis, a 204-unit, luxury high-end residential community located in Portland, Oregon’s Pearl District. JLL marketed the property exclusively on behalf of the seller,...
1954 Argyle Avenue

Avison Young brokers sale of lender-owned, 5-unit Hollywood Hills apartment property

Avison Young, the world’s fastest-growing commercial real estate services firm, announced that it has brokered the $1.7 million sale of a lender-owned, five-unit apartment property located at 1954 Argyle Avenue in the Hollywood Hills...
The Lakes Apartments

Levin Johnston completes $26.8 million sale of 102-unit value-add multifamily community in Concord, California

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 sale of The Lakes, a 102-unit...
Rancho Luna Sol

Decron Properties acquires Rancho Luna Sol in Fremont, California for $71.5 million

Decron Properties has acquired Rancho Luna Sol, a 188-unit multifamily community in Fremont, CA for $71.5 million. With its acquisition of Rancho Luna Sol, Decron increased its regional portfolio to 1,054 units over six properties....
Queen Anne Gardens

38-unit Queen Anne Apartment building sells for $9.035 million

Queen Anne Gardens, a 38-unit apartment building located at 1250 5th Avenue N. in Seattle, Washington, has sold for $9,035,263. The buyer, Milestone Properties, a Seattle-area apartment investment and management company, acquired the property...
The Abbott

Dunleer sells The Abbott, a six-unit apartment property in Highland Park neighborhood of L.A.,...

Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $2.375 million sale of The Abbott, a fully occupied six-unit apartment property located at 400 N Avenue 54 in the Highland...
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