Pacific region

In September, California legislators passed a bill that requires Lyft, Uber, and other similar service platforms to treat the workers that provide services through them as employees rather than independent contractors. Other states are...

Rent control is a terrible idea that just won’t die. The latest example is a new bill working its way through the California legislature that would cap annual rent increases at 5 percent for...

Pathfinder Partners, a San Diego-based firm specializing in value-add multifamily real estate investments, announced the $28,825,000 acquisition of Rosemont Park – a 170-unit apartment community near the center of downtown Rosemont at 9190 Schmuckley...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 5100 Summit Apartments, a newly constructed 115-unit multifamily property in...

VDR Investments Homes LLC has purchased Vista Del Rey, a 17-story, 130-unit apartment complex, located at 319 N. Tacoma Avenue in Tacoma, Washington, for $25.7 million. Commercial real estate broker, Tyler Stanek, a vice...

Parkview Financial announced today it has provided a $26 million construction loan to Art District Holdings, a Denver-based apartment developer, for the development of an eight-story apartment and retail building located at 1225 Santa...

Decron Properties has made its first investment in Los Angeles County since 2010 by acquiring Alura, a 250-unit multifamily property in Woodland Hills, CA for $79 million. Alura is located in the heart of Woodland...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.75 million sale of Shoreland Plaza Apartments, a 20-unit apartment property in prime Santa Monica near the cross streets...

JLL announced today that it has closed the $116.13 million sale of Riva on the Park, on behalf of Barings, one of the world’s largest diversified real estate investment managers. The property is a...

Construction is now complete on Breeze Hill Apartments—a fully amenitized 88-unit luxury multifamily community in Vista, Calif.—with San Diego-based Sunrise Management overseeing all marketing/branding, leasing and day-to-day operations. The rental community, owned and developed...

Decron Properties made its second significant investment in the Seattle MSA within the past 10 months with its acquisition of a 302-unit multifamily community in the Seattle submarket of Kent, Washington for $78,750,000. The purchase...

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, has successfully directed the acquisition of a newly renovated...

Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the sale of Rivage, a 260-unit apartment community in Portland, Oregon, to Magnolia Capital. Rivage was stabilized at the time of...

A statewide bill that caps rents was passed by the California Assembly on Wednesday and now heads to Gov. Gavin Newsom’s desk for approval. The Senate had already passed AB 1482 earlier in the...

Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., announced the groundbreaking of Modera Lake Merritt, a luxury mixed-use community in Oakland’s thriving Uptown neighborhood. Situated one...