MIG Real Estate Acquires Waterleaf, a 456-Residence Apartment Community in San Diego County
MIG Real Estate LLC, a real estate investment company with assets across the Western U.S. and Sun Belt states, announced the acquisition of Waterleaf, a 456-unit apartment complex in Vista, California.
“MIG is excited for...
Institutional Property Advisors Closes Two Puget Sound Multifamily Asset Sales for a Total of...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of two multifamily assets in Des Moines, Washington. Spinnaker Landing, a 66-unit property and Regatta, an 86-unit asset traded for a combined...
Trion Properties’s Latest Multifamily Disposition in Tigard, Oregon Results in a 29% IRR Portfolio
Trion Properties, a vertically-integrated, multifamily real estate investment firm based in West Hollywood, California and Miami, Florida, announces the disposition of York Apartments a 52-unit multifamily property located in Tigard, Oregon.
York Apartments is a...
Shopoff Realty Investments Sells Fully Entitled 141-Unit Townhome Development in Chula Vista
Shopoff Realty Investments announced that the company has successfully sold its 141-unit Moss Street Townhome project to Shea Homes.
The 6.94-acre property is located in Chula Vista, California at the intersection of Moss Street and Industrial...
The Mogharebi Group Close on $18M 100-Unit Multifamily Community in Sacramento California
The Mogharebi Group has arranged the $17.9 million sale of Rosemont Terrace, a 100-unit garden-style multifamily community in Sacramento, California. Mogharebi Executive Vice President Otto Ozen represented the seller, a Southern California-based private investment...
Kidder Mathews Sells 121-Unit Apartment Building for $19M in Seattle’s Northgate Neighborhood
Northgate Apartments, a former senior living facility totaling 121 units in Seattle, Washington sold Wednesday this week for $19M. The sale was fully marketed by Kidder Mathews’ Simon and Anderson team. The property was...
5,000 Unit Multifamily Addition Planned for Mall Redevelopment in Portland Oregon
Urban Renaissance Group (URG) and KKR Real Estate Finance Trust (KREF) have unveiled plans for the redevelopment of Lloyd Center, a 1.2M SF mall in Portland, OR.
Plans for the redevelopment, which could cost as...
Standard Communities Acquires Six 100% Affordable Communities Totaling 407 Units in Los Angeles
Standard Communities, a leading national developer and investor in affordable and workforce housing, has led a public-private partnership that acquired six 100% affordable Section 8 communities in Los Angeles County with a total of...
Institutional Property Advisors Closes and Finances $32.4 Million King County Apartment Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale and financing of Trellis, a 111-unit apartment property in Federal Way, Washington. The asset traded for $32.4 million, or $291,892 per...
Archway Equities and Virtú Investments Acquire Luxury Apartment Community in San Jose, California for...
A joint venture of Archway Equities and Virtú Investments has acquired The James, a 190-unit Class A Apartment Community in downtown San Jose, California for $74.25 million.
The James represents Archway’s second significant multifamily investment...
$42.7m Construction Take-Out Financing Secured for Multi-Housing Development on the California Central Coast
JLL Capital Markets announced today that it has arranged the $42.7 million pre-TCO construction take-out financing for Elements Apartments, a 167-unit multi-housing community located in Santa Maria, California.
JLL represented the borrower, The Vernon Group,...
TruAmerica Finalizes $103M Purchase of Apartment Complex in Santa Ana, California
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, expanded its Southern California portfolio with the $102.9 million purchase of Nineteen01, a 264-unit apartment asset in Santa Ana, CA. The Class A property, which was...
Eagle Property Capital Acquires Orlando Apartment Community
Eagle Property Capital Investments acquired Windrift Apartments, a 288-unit apartment community located in Orlando, Florida for an undisclosed amount. Berkadia arranged financing through Fannie Mae. With this acquisition, EPC expanded its footprint in the Orlando...
Project Access Has Added Annette Lopez as its New Marketing and Communications Director
Project Access Resource Centers has hired Annette Lopez as its new Marketing and Communications Director for the non-profit organization based in Orange, California.
Before assuming her new role with Project Access, Lopez was Director of...
Project Access Promotes James Le to Senior Director of Development
Project Access Resource Centers has promoted James Le to Senior Director of Development For the non-profit organization based in Orange, California. In consultation and partnership with Kristin Byrnes, CEO and president of Project Access,...
