Mogharebi Group Secures $16.5M for Sale of Bakersfield California Vantage Point Apartment Community
The Mogharebi Group (TMG) has arranged the $16.5 million sale of Vantage Point Apartments, a 144-unit multifamily community in Bakersfield, California. Senior Vice President Mark Bonas represented the buyer, a Central Valley-based investor, in...
Marcus & Millichap Closes $46.95M Napa Valley Multifamily Sale Creekside Park
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Creekside Park I and II, a 188-unit, two-property multifamily portfolio in...
The Mogharebi Group Secured $30M Sale of The Victor Multifamily Community in Fresno County
In the largest multifamily transaction to close in Fresno in nearly two years, The Mogharebi Group has successfully secured the sale of The Victor, a 232-unit multifamily community for close to $30 Million.
Senior Vice...
JLL Arranged the Joint Venture Equity for the 43-unit Allesandro Apartments Project in Los...
JLL Capital Markets announced that it has arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multi-housing project in the Echo Park neighborhood of Los Angeles, California.
JLL represented the Sponsor, A.J....
Institutional Property Advisors Brokers $153M Sale of Oakview Apartments and The Biltmore in Ventura...
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the $153 million sale of a two-property, 409-unit multifamily portfolio in Ventura County, California. The properties are 242-unit Oakview Apartment...
New Multifamily Complex in San Diego County’s Lemon Grove Neighborhood Nears Completion
Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion, bringing much needed housing to a rapidly growing San Diego County neighborhood.
Owned and developed by LLJ Ventures...
BWE Secures $224.6 Million for Six-Property Apartment Portfolio Including Regency Palms in Orange County...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $224,699,000 in financing for a six-property, 1,192-unit multifamily portfolio in Orange County, California, part of the Greater Los Angeles area....
Legado Companies and Gantry Secures $128M in Construction Financing for Legado at the Met...
Legado Companies and Gantry, the largest independent commercial mortgage banking firm in the U.S., have obtained $128 million of construction-to-permanent financing in three tranches, from three separate lenders, for the development of the Legado...
Gantry Secures Permanent Loan for the Recently Completed SW by CLG in Los Angeles
Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles.
Principal Andy Bratt and associate Sean Kuang with Gantry’s Irvine production office represented the borrower,...
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 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...
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...
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 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...
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...
