Monday, February 24, 2025

Pacific region

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

Avalon Berkeley

BRIDGE Housing Acquires Apartment Portfolio Consisting of Avalon Berkeley in the Bay Area and...

San Francisco-based BRIDGE Housing has acquired two multifamily communities in California and Oregon, accelerating its dual-track strategy to use acquisitions to both create and preserve housing for low-income households. The acquisitions of Avalon Berkeley...
A Street

CEDARst™ Companies and Bridge Investment Group Announce Plans for $90M Opportunity Zone Development on...

Chicago-based CEDARst Companies has secured $40 million in equity capital, led by a joint venture with Bridge Investment Group, for its next multifamily ground-up development project in San Diego. Flats South Park is a...
Alameda County

Levin Johnston Arranges $34M Sale of Alameda County Multifamily Portfolio

Two multifamily community sales in NoCal’s Alameda County for a combined price tag of $34 million. The properties that traded are Vista Del Sol in Pleasanton and Islander Apartments in Alameda. In the larger deal,...
Barclay Village

CBRE Arranges Financing for Multifamily Community Barclay Village in Oregon City

Barclay Village, a 146-unit, garden-style multifamily community in Oregon City, Oregon, traded hands in a $29.2 million ($200k/unit) deal. The property was built in 1987 and has been undergoing extensive renovations since 2017. Barclay Village...
NV Apartments

Security Properties Acquires Portland Multifamily Complex NV Apartments

A partnership between Security Properties and an affiliate of Rockwood Capital closed on the acquisition of NV Apartments, a 284-unit multifamily property built in 2016 and located in Portland, Oregon. Located in Portland’s North Pearl...
Splash Apartments

Splash Apartments Opens and is Now Leasing in Portland’s Vibrant Kerns Neighborhood

Security Properties is excited to announce the opening of Splash Apartments, a 219-unit multifamily residential community in Portland's Kerns neighborhood. The property welcomed its first residents on Oct. 25, 2024, shortly after Time Out...
The Clark on 54th

Joint Venture Breaks Ground on The Clark on 54th in Los Angeles’ Crenshaw District

The Clark family and Praxis Development Group broke ground on The Clark on 54th, the first Black-, woman- and locally-owned development in Los Angeles’ Crenshaw district. The Clark on 54th includes 38 market-rate units, 10...
14onHarding

Marcus & Millichap Capital Corporation Arranges Refinance for Newly Built National City Multifamily 14onHarding

Marcus & Millichap Capital Corporation (MMCC), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, arranged $4,464,000 to refinance a newly built 14-unit multifamily property located at...
The Brynn

Sudberry Properties Finishes Work on 360-Space Parking Structure at New Mission Valley Apartment Community...

Sudberry Properties has completed construction of the 360-space, six-level parking structure at The Brynn, the firm’s fourth apartment community at Civita in Mission Valley. Sudberry is the master developer of the 230-acre Civita campus. Located...
Candela

Cityview Acquires 112-Unit Value-Add Property Candela in Hollywood Hills

Cityview, a premier multifamily investment management and development firm, has acquired Candela – a 112-unit value-add property nestled in the Hollywood Hills and Franklin Village neighborhood of Los Angeles. “Candela was a prime opportunity to...
Boyle Heights community

East LA Community Corporation Launches Transitioning to All-Electric Energy Across Housing Portfolio

As part of its mission to enhance housing sustainability and improve public health in the Boyle Heights community of Los Angeles, the East LA Community Corporation (ELACC) is transitioning to an all-electric energy system...
Pique

Gilbane Development Company Breaks Ground on Pique, an Innovative Purpose-Built Student Housing Project in...

Gilbane Development Company announces the groundbreaking of Pique, a new purpose-built student housing development located at 2587 Telegraph Avenue in Berkeley, California. Pique will transform the former Buffalo Exchange store into an eight-story residential building...
Mission Gorge

JLL and Impact Housing Completes Construction Loan and Preferred Equity for Affordable Housing Multifamily...

JLL Capital Markets and Impact Housing announced that they have arranged $112.225 million in financing for Mission Gorge, a modular, affordable housing multifamily development in San Diego, California. JLL worked on behalf of the borrower,...
Copper Ridge

Institutional Property Advisors Brokers $70M Suburban Seattle Multifamily Asset Sale of Copper Ridge Apartments

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Copper Ridge Apartments, a 325-unit multifamily property in Renton, Washington. “Located in the Talbot Road submarket, which boasts some of the...
Summerwood

Institutional Property Advisors Brokers $203M Sale and Arranges $127.8M Financing for Silicon Valley Multifamily...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Summerwood Apartments, a 468-unit multifamily property located at 444 Saratoga Avenue in Santa Clara, California. The property sold for...
Yield PRO