Monday, April 29, 2024

Pacific region

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

Pilot Butte

CBRE Arranges Sale of Outlook at Pilot Butte Multifamily Community Located in Bend Oregon

CBRE announced the sale of Outlook at Pilot Butte, a 205-unit multifamily community in Bend, Oregon, traded hands in a $57.5 mil ($280.5k/unit) transaction. Outlook at Pilot Butte units include nine- and 10-foot ceilings, chef’s...
Clearwater Newport Beach

Clearwater Living Opens New Assisted Living and Memory Support Community in Newport Beach

Clearwater Living®, a real estate and property management company dedicated to the ownership, operation and development of high-quality senior living communities, announced today the opening of Clearwater Newport Beach, a 101-unit, luxury assisted living...
FLATs Bancroft

CEDARst and Quartz Lake Joint Venture Announces Plans for FLATs Bancroft, Another In-Fill San...

A joint venture partnership between CEDARst Companies, a vertically integrated real estate development platform, and Quartz Lake Capital, a private equity real estate investment manager, has announced plans for its second multifamily development in...
Chateau de Ville

Marcus & Millichap Brokers $79M Orange County Multifamily Asset Sale Chateau de Ville

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Chateau de Ville, a 254-unit multifamily property in Anaheim, California. The...
Catalina Tropics

Catalina Tropics Apartment Property in Los Angeles Trades for $6.35M

Catalina Tropics, a 32-unit apartment complex in Los Angeles’ Koreatown neighborhood, traded hands in a recent $6.35 mil ($198k/unit) transaction. Built in 1955, Catalina Tropics comprises 17 studio units, 13 one-bedroom/one-bathroom units, and two two-bedroom/two-bathroom...
Alvarado and Temple Apartments

JLL Arranged the Refinancing for the 24-unit Alvarado Apartments and the 42-unit Temple Apartments...

JLL Capital Markets announced that it has arranged the $5.5 million permanent, non-LIHTC Forward financing for Alvarado Apartments and Temple Apartments, two affordable housing communities targeting extremely low-income residents and individuals experiencing homelessness in...
Bermuda Street

CBRE Arranges All-Cash Sale of 8-Unit Multifamily Property on Bermuda Street in Long Beach...

CBRE announced the sale of an eight-unit multifamily property located on Bermuda Street in Long Beach, California to a private investor for $2.7 million. The selling price represents $337,500 per unit and $323 per...
The Standard at Los Angeles

Landmark Properties Breaks Ground on The Standard at Los Angeles: a 1,284-bed Student Housing...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has begun construction on The Standard at Los Angeles, located at 3900 S Figueroa St....
CloudTen - Merx

Construction Nearing Completion on Three Oregon Multifamily Communities; Merx, Paceline, and Rivenwood Totaling 352...

Adding much-needed urban-style apartments to the region, Deacon Development is nearing completion on three new Portland and Salem, Oregon-area multifamily communities – Rivenwood, Merx and Paceline – tapping CloudTen Residential to oversee all lease-up...
Autumn Leaf

Kidder Mathews Sells Airway Heights Autumn Leaf Apartment Complex for $3.595M Near Spokane

Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, represented the seller in the sale of The Autumn Leaf Furnished Apartments in Airway Heights, Washington in Spokane County...
Stratford Square

Cushman & Wakefield Advises $7.285M Seller-Financed Acquisition of 32-Unit Apartment Community Stratford Square Near...

Cushman & Wakefield announced the firm has brokered the sale of the Stratford Square Apartments in Burien, Washington, a suburban city about 10 minutes south of Seattle. A Local Family Operator acquired the property...
Cobalt Apartments

Institutional Property Advisors Closes Los Angeles Mixed-Use Multifamily Asset Sale for Cobalt Apartments

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cobalt Apartments, a 135-unit multifamily property with 14,754 square feet of ground floor retail in the West Los Angeles-Culver City...
FOURTH AND LAUREL

Wilshire Quinn Issues $16.5M Loan on Newly Constructed FOURTH AND LAUREL in San Diego...

Wilshire Quinn Capital announced that its private lending fund, the Wilshire Quinn Income Fund, has provided a $16,500,000 refinance loan for FOURTH AND LAUREL, a brand-new luxury 36-unit multifamily property in San Diego, California. FOURTH...
Marina Square

JLL Arranged the $79M Refinancing for Marina Square Luxury Waterfront Apartments in Bremerton Near...

JLL announced that it has arranged the $79 million refinancing of Marina Square, a 270-unit, newly built, luxury apartment community located on the Puget Sound waterfront in Bremerton, Washington. JLL represented the borrower, Sound West...
The Duo Apartments

Berkadia Arranges $21.5M Loan for Acquisition of The Duo Apartments Near University of Pugent...

Berkadia announced that it has secured financing for the acquisition of The Duo Apartments, a brand new 104-unit, Class A multifamily community located in University Place, a suburb of Tacoma, Washington. Director Michael Manolides and...
Yield PRO