Matt DeGraw Has Been Appointed to the Project Access Board of Directors
Project Access Resource Centers, a national leader in providing vital on-site health, education, and employment services to families, children, and seniors residing in affordable housing communities across the US, has announced the appointment of...
Institutional Property Advisors Arranges $62 Million Acquisition Financing for Northern California Multifamily Asset
IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $62,139,000 in acquisition financing for DUO Apartments, a 301-unit multifamily asset in San...
Cityview and Stockbridge Commence Construction on 265-Unit Multifamily Development in Los Angeles
Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay. Slated...
Gelt Venture Partners Acquires 125-Unit Apartment Property for $63.15 Million in Placentia, California
Gelt Venture Partners, LLC is pleased to announce it has acquired Union Place for $63.15 million. The 125-unit apartment property is located at 1500 Cherry Street in Placentia, CA (north Orange County).
Built in 2012,...
Robust Business Throughout the U.S. Reflected in Standard Communities’ Office Expansion and Staff Growth
Standard Communities, a leading national affordable housing developer and investor, has expanded its principal offices and added staff reflecting robust business.
Standard is one of the 20 largest owners of affordable housing in the...
Partner Valuation Advisors Adds Leader for The West Region
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continues its strategic expansion by adding Phillip Hanshew, MAI, as Managing Director in San Francisco. Mr. Hanshew will lead Partner’s market growth efforts...
The Mogharebi Group Completes $31.25 Million Sale of 138-Unit Apartment Community in Whittier California
The Mogharebi Group (TMG) has arranged the $31.25 million sale of Citrus Court, 138-unit apartment community in Whittier, CA.
The garden style community located at 8121 Broadway Avenue is encumbered by a 99-year ground lease...
Tina Hahn Joins BRIDGE Housing as Vice President of Strategic Projects
BRIDGE is a leading nonprofit developer, owner, and manager of affordable housing on the West Coast.
In this new role, Ms. Hahn will oversee strategic project initiatives, from development through successful execution, in accordance with...
Standard Communities Leads Public Private Partnership Acquiring 100% Affordable Community in Hawaii
Standard Communities, a major national affordable housing investor and developer, has led a public-private partnership with the State of Hawaii, United States Department of Housing and Urban Development (HUD), Honolulu-based Stanford Carr Development, the...
$28m Financing Secured for the Newly Completed Apartment Property in San Diego
JLL Capital Markets announced today that it has arranged the $28 million construction take-out financing for Casa Verde, a 94-unit, modern, urban infill apartment community located in the North Park neighborhood of San Diego,...
L.A. owners sue over COVID-era restrictions
Apartment owners are suing the City of Los Angeles for keeping in place its emergency ban on rent increases first implemented at the start of the COVID-19 pandemic.
In a lawsuit filed at the end...
Cityview completes 296-unit opportunity zone project near Downtown Los Angeles
Cityview, a premier multifamily investment management and development firm, has completed Jasper—a 296-unit opportunity zone project located less than two miles from downtown Los Angeles and adjacent to the University of Southern California.
The highly...
$125 million sale of newly built multihousing community in Redmond closes
JLL Capital Markets announced that it has closed the $125 million sale of Radiate Apartments, a 360-unit, luxury-grade multihousing community located in Redmond, Washington.
JLL represented the seller, Fairfield Residential, and procured the buyer, Jackson...
MIG Real Estate acquires Newport Palms, a 138-residence apartment community in Orange County for...
MIG Real Estate LLC (MIG), a real estate investment company with assets across the Western U.S. and Sun Belt states, announced the acquisition of Newport Palms, a 138-unit apartment complex in Costa Mesa, California.
MIG...
$16.7 million construction take-out financing secured for L.A. multihousing community
JLL Capital Markets announced that it has arranged the $16.7 million construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multihousing community located in the Koreatown submarket of Los Angeles, California.
JLL represented...
