Saturday, April 20, 2024

Pacific region

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

Stepp Commercial completes $1.82 million sale of a 8-unit apartment property on the Eastside...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.82 million sale of an eight-unit apartment property located at 1746 E. 10th Street in Long Beach. The...

Joint venture of PCCP, LLC and Intracorp to develop two for-sale townhouse projects totaling...

PCCP, LLC announced today it has formed a joint venture with Intracorp for the ground-up development of two, for-sale townhouse projects totaling 129 units within the Puget Sound region. The portfolio includes Kelkari, a...

Sunroad Enterprises hires multifamily real estate industry leader David Dufenhorst

Sunroad Enterprises, a San Diego-based real estate investment and development company, announces that David Dufenhorst has been hired as President of Sunroad Real Estate Investments. As President, David will lead Sunroad’s rapidly growing multifamily real...

Oregon revamps its housing laws

The governor of Oregon is expected to sign into law several bills to address housing issues in the state. Two bills, HB 2001 and HB 2003 have the potential to transform Oregon’s neighborhoods. Eliminating single-family...

Twin-tower development site in Denny Triangle sells for $72 million

A multifamily development site, located at 1901 Minor Avenue in Seattle, Washington, has been purchased by Concord Pacific, a Canadian residential developer, for $72 million. Kidder Mathews commercial real estate brokers, Ross Klinger and...

Ground has broken on Pivot, a mixed-use project on Capitol Hill

Ground has recently broken on Pivot, a mixed-use project located at the convergence of Downtown Seattle and Capitol Hill’s thriving Pike/Pine neighborhood, developed by Vibrant Cities With an eye toward the auto-row history of Capitol...

RISE Properties Trust and Aegon Real Assets US acquire Waterbury Park Apartments in Federal...

RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary of Aegon N.V., a multinational life insurance, pensions and asset...

Parkview Financial provides $15.91 million construction loan for a new six-story, 65-unit project in...

Parkview Financial announced today it has provided a $15.91 million construction loan to St Andrews Place, LLC, a Los Angeles-based private developer, for the development of a six-story, 65-unit apartment property in the Koreatown...

Infographic: Unsustainable California

5 reasons California is unsustainable in its current state 1. Rent control Several rent control bills failed to make it through the California Senate. AB 1482 (anti-rent gouging bill) did clear the Senate judiciary committee. If...

FCC blocks part of San Francisco’s first-in-nation broadband law

The Federal Communications Commission voted to preempt part of a San Francisco city law that prevents property owners from denying internet service providers access to existing wiring within multiunit buildings. The provision of the San...

State threatens to sue Cupertino over housing policy

Cupertino, often criticized by activists over a perceived reluctance to build homes, is now officially on notice—the city must shape up its housing efforts or face the consequences, according to a warning letter from...

Stepp Commercial completes $1.86 million sale of a value add 11-unit apartment property in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.86 million sale of a value add 11-unit apartment property located at 2121 Long Beach Blvd. in the...

JLL announces $58M sale and $37.7M financing of Tupelo Alley in Portland, Oregon

JLL announces that it has closed the $58 million sale and $37.7 million financing of Tupelo Alley, a mixed-use community with 188 apartments units and 10,000 square feet of retail in the heart of...

SVA Architects joins development team and Governor Ige for Phase II groundbreaking of Kulana...

On August 28, 2019, SVA Architects, Inc. will join Governor Ige and the development team of Kulana Hale to commemorate the Phase II groundbreaking of the affordable, mixed-use project. The three-acre, $130 million Kulana...

PCCP, LLC provides $268.4 million in financing for the acquisition of The Grace and...

PCCP, LLC announced today it has provided $268.4 million in financing for the acquisition of two newly-built, Class A high rise apartment towers located in downtown Los Angeles, CA. The two properties, known as...
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