Sunday, April 28, 2024

Pacific region

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

The Riviera

Avison Young completes $16.76-million portfolio sale of two value-add apartment properties totaling 72 units...

Avison Young, the world’s fastest-growing commercial real estate services firm, announced today it has completed the $16.76-million portfolio sale of The Riviera and Rainbow Gardens, two nearby apartment properties totaling 72 units in Azusa,...
The Suites on Lincoln

Stepp Commercial completes $4.05 million sale of The Suites on Lincoln in Santa Monica,...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.05 million sale of The Suites on Lincoln, located at 911 Lincoln Boulevard, just south of stylish Montana Avenue...
Bel Aire Court Apartments

Trion Properties successfully sells two upgraded west coast multifamily assets totaling 108 units

Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments along the west coast, recently sold two renovated multifamily communities totaling 108 units in Los Angeles, California, and Beaverton, Oregon,...
Molly Turner

Molly Turner elected to Bridge Housing Board of Directors

Molly Turner has been elected to the Board of Directors of BRIDGE Housing, a leading nonprofit developer, owner and manager of affordable housing. Turner, an expert on technology startups and cities, is a lecturer at...
South Valley Ranch Apartments

Mesa West Capital originates $40.875 million loan for multifamily acquisition in Henderson NV

Mesa West Capital has provided The ConAm Group with $40.875 million in short-term, first mortgage debt for the acquisition and repositioning of South Valley Ranch Apartments in the Las Vegas submarket of Henderson, NV. South...

Levin Johnston successfully directs over $360 million in 1031 exchange transactions this year to...

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, recently directed the sale of a mixed-use property featuring...
315 Cherry Ave

Stepp Commercial completes $3.05 million sale of 8-unit apartment property in Long Beach, CA

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.05 million sale of an 8-unit apartment property located at 315 Cherry Avenue, in the prime Alamitos Beach neighborhood...

Gelt, Inc. acquires Timber Lodge, a 390-unit value-add apartment community, for $61 million in...

Gelt Inc., a Los Angeles-based real estate investment and asset management firm, announced today it has acquired Timber Lodge for $61 million. The 390-unit value-add apartment community is located about nine miles from downtown...

Seattle urban development site sale closed by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of an approximately 17,850-square-foot multifamily development site at 12337 and 12345 30th Ave. NE in Seattle, Washington. The sales price...

Parkview Financial provides $28 million construction loan for a 126-unit, 55+ apartment project in...

Parkview Financial announced today it has provided a $28 million construction loan to a San Marcos, CA-based private developer for the development of Paradise Senior Apartments, a five-story, 126-unit 55+ market rate apartment project...

RISE Properties Trust and Cigna acquire Joseph Arnold Lofts Apartments in Seattle, WA

RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Cigna Investment Management (“Cigna”), today announced their purchase of Joseph Arnold Lofts in Seattle for $74,500,000. The transaction, brokered by CBRE,...

TMG Partners names Matt Concannon partner

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, today announces Matt Concannon has joined the firm as Partner. “Matt will immediately be involved in our complex developments, particularly utilizing his construction...

Stepp Commercial completes $2.9 million sale of 652 North Hayworth Avenue, an apartment property...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.9 million sale of 652 North Hayworth, a two-story, nine-unit apartment property in Los Angeles near the cross streets...
Ellis Avenue Condominium Project

Housing group sues Huntington Beach

Californians for Homeownership, a nonprofit organization sponsored by the California Association of Realtors (CAR) that aims to address California's housing crisis through impact litigation, today announced that it has filed a lawsuit against the City...

Fore Property announces start of construction on 275-unit apartment community in downtown Fremont

Fore Property (‘Fore’), one of the country’s top 20 largest multifamily developers, today announced the start of construction on its 275-unit apartment community in Fremont, California. Located at 3510 Beacon Avenue amidst Fremont’s burgeoning downtown...
Yield PRO