HVPG Acquires 22-Property Portfolio Across the Western United States
Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, has announced the acquisition of a 22-property portfolio comprising 4,768 units across the western United States. The portfolio acquired includes properties in four...
Lendlease Celebrates Topping-Out of Habitat in Los Angeles
Lendlease, a leading integrated real estate and investment management group, together with joint venture partner Aware Super, one of Australia’s largest superannuation funds, marked the topping-out of the six-story office and 12-story multifamily building...
Colliers Arranges Sale of Market Street Village Apartments in San Diego for $82M
Colliers arranged the $82.2 million sale of Market Street Village Apartments, a 229-unit community located at 699 14th Street in downtown San Diego’s East Village. Represented by Colliers vice chair Kitty Wallace and senior associate...
Colliers Arranges Sale of 14-unit Townhome Community on Fig Street in Escondido for Nearly...
A 14-unit townhome complex in Escondido traded hands in a recent $7.9 million ($564k/unit) transaction. The extensively renovated property, located at 938 North Fig Street, consists of all large two-story, three-bedroom, two-and-a-half-bathroom homes with...
Berkadia Secures $33M in Financing for Multifamily Property The Marquee Apartments in North Hollywood
Berkadia closed the sale and financing of The Marquee Apartments, a 236-unit, garden-style multifamily property in North Hollywood. Senior managing director Tim Leonhard and associate director Jeremy Kanter of Berkadia Dallas and New York, respectively,...
OC Seniors Housing Project The James Lands $473M in Tax Exempt and Taxable Bond...
Development of The James, a luxury rental, 350-bed seniors housing project in Irvine, is slated to get underway after just having secured $473 million in tax exempt and taxable bond financing. The project is a...
JLL Facilitates Successful Sale of Premier 344-Unit Multifamily Community Beaumont Apartments in Seattle MSA’s...
JLL Capital Markets announced that it has secured the $136.125 million sale of Beaumont Apartments, a premier, institutional-quality apartment community in Woodinville, Washington. Beaumont Apartments, a three-building mid-rise property built in 2009, sits on 14.3...
CBRE Facilitates Sale of Newly Renovated 9-Unit Multifamily Property on Wellington Avenue in Santa...
CBRE announced the sale of a newly renovated, nine-unit multifamily property located at 425 E. Wellington Avenue in Santa Ana, California to a local buyer for $3,105,000. The sale price represents $345,000 per unit...
Gantry Secures $18.3M in Permanent Loans for Two California Bay Area Apartments, Spinnaker Pointe...
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $18.3 million in two permanent loans for the Spinnaker Pointe Apartments in Milpitas (near San Jose) and Crossroads...
Gables Residential Expands into Seattle with the Opening of Gables Queen Anne
Gables Residential, a leader in multifamily development and management, is excited to announce its expansion into the Pacific Northwest with the opening of Gables Queen Anne, a premier apartment community in Seattle’s historic Queen...
Guardian Welcomes Industry Leader Josh Lloyd as Chief Operating Officer
Guardian, a leader in the Pacific Northwest in multifamily operations, development, and investment, is pleased to announce the hiring of Josh Lloyd as Chief Operating Officer. In this new role, Lloyd will lead the...
Marcus & Millichap Capital Corporation Arranges $13.6M in Financing for Two Los Angeles MSA...
Marcus & Millichap, a leading provider of commercial real estate capital markets financing solutions, arranged $7,034,000 and $6,545,000 for the refinancing of Canyon Crest Apartments and Hawthorne Chateau Apartments, two multifamily properties located in...
Sunrise Grows Inland Empire Portfolio with Acquisition of LuxLiv in Riverside
Expanding its footprint in California’s Inland Empire, San Diego-based Sunrise Management has taken over the management – including marketing, leasing and day-to-day operations – of Riverside’s LuxLiv, a 62-unit multifamily community acquired by Vanamor,...
Institutional Property Advisors Closes Apartment Property Sale of Heron View in Suburban Seattle
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Heron View, a 72-unit apartment property in Kenmore, Washington. The asset traded for $19,875,000, or $276,042 per unit. “An exceptionally well-located...
MidPen Housing Announces Completion of Affordable Housing Development Foon Lok East in Oakland California
Foon Lok East, the fourth and final affordable housing development at Brooklyn Basin in Oakland, California, has been completed. MidPen Housing, in partnership with the City of Oakland and the Oakland Housing Authority, developed the...