Pacific region

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.1 million sale of Delano Village, an 18-unit apartment property located at 14161 to 14163 Delano Street in Van...

Facing a massive coronavirus-induced deficit, the California legislatures are weighing a suite of new taxes on top earners, including a first-of-its-kind wealth tax and the highest top rates in the nation. California is the most...

The apartment vacancy rate in San Francisco rose to 6.2 percent in May, according to apartment data firm RealPage. That’s up from 3.9 percent only three months ago, after stay-at-home orders went into effect...

Expanding its hometown presence, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has added eight San Diego multifamily communities totaling 155 units to its portfolio. According to Sunrise CEO and...

Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, has acquired Creekside Apartments, an 80-unit multifamily community in San Leandro, California, for $20.5 million. The transaction is Trion’s...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the appointment of Steve DeGennaro as Chief Financial Officer effective August 17, 2020. DeGennaro...

CGI Real Estate Investment Strategies has named luxury hotel industry veteran Kasia Mays as Chief Operating Officer, furthering its commitment to building a multifamily brand that places emphasis on lifestyle and hospitality, announced company...

IMN recently put on a webinar discussing the impact of the pandemic on the business of providing multifamily housing in California. The webinar set a very ambitious number of topics to be discussed, especially...

Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $2.05 million sale of The Oxford Hollywood, a fully occupied five-unit apartment property located at 1020 N. Oxford Avenue in Los...

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...

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...

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...

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...

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...

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...