Universe Holdings acquires 110-unit apartment community in San Diego for $34.45 million
Universe Holdings has acquired Serena Vista, a 110-unit apartment community in the prime San Diego submarket of La Mesa for $34.45 million. With the acquisition of Serena Vista, located at 5810 Amaya Drive, Universe increases...
Avison Young completes $68 million off-market sale of Arte, a 182-unit luxury apartment community...
Avison Young announced it has completed the off-market, $68 million sale of Arte, a 182-unit, luxury apartment community located at 10130 Foothill Boulevard in Rancho Cucamonga, CA. Avison Young’s Peter Hauser, Matt Hauser and Masa...
JLL closes sale of Los Angeles apartment community
JLL Capital Markets announced that it has closed the sale of One Santa Fe, a 438-unit, mixed-use, core-plus apartment community located in the Arts District of Los Angeles. JLL marketed the property on behalf of...
Dunleer sells 8-unit apartment property for $3.31 million in Silver Lake submarket
Dunleer, a Los Angeles-based private real estate investment and development firm, today announced the $3.31 million sale of The Monroe Apartments & Bungalows, a two-building, eight-unit apartment property located at 4018 Monroe Street in the...
Dekel Capital arranges $47.8 million construction loan for multifamily community in Koreatown
Dekel Capital, on behalf of Los Angeles-based CGI Strategies, has arranged $47.8 million in non-recourse construction financing for the development of a 200-unit multifamily community in Los Angeles’ Koreatown neighborhood. The loan, which was provided...
Levin Johnston successfully completes strategic 1031 exchange transaction in California Bay Area
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, successfully advised its client, a private investor, to acquire...
Mesa West Capital originates $65 million loan to fund Los Angeles apartment acquisition
Mesa West Capital has provided Newport Beach, CA-based real estate development and investment firm Sares Regis Group with $65 million in first mortgage debt for the acquisition of a 169-unit multifamily community in Los...
JLL closes $248 million sale of Park Hacienda apartments in Pleasanton, California
JLL Capital Markets announced that it has closed the $248 million sale of Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business Park in Pleasanton, California. JLL marketed the property on behalf of...
Trion Properties completes its first ground-up development: A tech-forward multifamily community in Culver City,...
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, announced that it has completed its first ground-up development project: a multifamily community with numerous tech amenities in...
Dunleer sells portfolio of three Los Angeles apartment assets totaling $12.18 million
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $12.18 million portfolio sale of three apartment properties in Los Angeles. The properties total 32 units and were sold to a...
BRIDGE Housing acquires Paloma Del Mar, preserves 130 affordable homes for seniors
BRIDGE Housing has acquired the 130-apartment Paloma Del Mar Apartments in Freedom, a community that is partially within the incorporated city of Watsonville in Santa Cruz County. Originally built in 1993, Paloma Del Mar features...
San Diego County multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Serena Vista, a 110-unit multifamily asset in the San Diego submarket of La Mesa, California. The property sold for...
Vista Investment Group acquires San Francisco-area apartment community for $91 million
Vista Investment Group in partnership with Tokyu Land US Corporation (“TLUS”), a fully-integrated real estate development and investment company, has acquired the Northridge Apartments, a 221-unit garden-style apartment community in the San Francisco East...
Stepp Commercial completes $4.69 million sale of a 14-unit apartment property in Alamitos Beach...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.69 million sale of a 14-unit apartment property located 1429 Florida Street in the Alamitos Beach submarket of...
R.D. Olson Construction breaks ground on 6-acre mixed-use community in Westminster, California
R.D. Olson Construction, an award-winning general contracting firm in California, announced the ground-up construction of Bolsa Row, a mixed-use development in the heart of Westminster’s Little Saigon District. Situated on a 6-acre lot, the...
