Thursday, January 23, 2025

Pacific region

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

Monterra, Miramonte, and Heatherstone Apartments

Institutional Property Advisors Brokers Three-Property Multifamily Portfolio Sale in Tacoma for $102.6M Including Monterra,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of three multifamily assets totaling 557 units in Tacoma, Washington for $102.6 million. The properties are Monterra, Miramonte, and Heatherstone Apartments. “Located...
Lincoln Place

Kidder Mathews Arranges $7.62M Apartment Portfolio Sale Consisting of Coventry Estates and Lincoln Place...

Max Frame of the Simon Anderson team, a multifamily investment team at Kidder Mathews, successfully closed two apartment sales in Spokane, Washington this week. The properties included Coventry Estates and Lincoln Place. Frame represented the...
The Grad

Gortikov Capital Secures $150M Bridge Loan for The Grad Student Housing Tower in San...

Gortikov Capital has arranged a $150 million bridge loan secured by The Grad, a 260-unit, 1,002-bed Class A student housing tower serving San Jose State University, located in Downtown San Jose, California. Bryan Gortikov, President...
VRV

BWE secures $108.38M for Recently Completed Orange County Multifamily Project VRV

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured total capital of $108.38 million for the VRV, a recently completed luxury apartment property in Stanton, California (Orange County). Tom Kenny,...
Inland Empire Apartment Portfolio

Marcus & Millichap Closes $25M Nine-Property Inland Empire Apartment Portfolio Sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a nine-property portfolio of eight apartment buildings and a four-tenant retail...
Willow Pointe

Institutional Property Advisors Closes Multifamily Asset Sale of Willow Pointe in Vancouver Washington

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Willow Pointe, a 191-unit apartment property in Vancouver, Washington. “Situated on over 15 acres, Willow Pointe has a park-like setting,” said...
San Clemente

CBRE Arranges Sales of Two Six-Unit Multifamily Properties in San Clemente California

CBRE announced the sales of two six-unit multifamily properties in San Clemente, California, to individual private investors, totaling $4.82 million. “Our targeted marketing generated multiple competitive offers through our investor network, and we closed escrow...
Franklin 299

Walker & Dunlop Facilitates $113M Sale of Multifamily Community Franklin 299 in the Bay...

Walker & Dunlop, Inc. facilitated the $113 million acquisition financing for Franklin 299, a Class A multifamily community in Bay Area Redwood City, California. The Walker & Dunlop Multifamily Finance team, led by Jeff Burns,...
MetLife Investment Management

High Street Residential and MetLife Investment Management Announce Ground Breaking on New Multifamily Community...

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and capital partner MetLife Investment Management, have broken ground on a 244-unit residential community in Seattle. Located at 6716 Roosevelt Way NE, on the...
Vue at 3600

Step Up Housing Buys 240-Unit Affordable Housing Property Vue at 3600 in the Bay...

Step Up Housing has acquired Vue at 3600, a 240-unit affordable housing property in the Bay Area city of Richmond, California. As part of the closing, a regulatory agreement was recorded against title requiring...
Trailhead at the Preserve

CBRE Arranges $23M Refinancing for Trailhead at the Preserve Apartment Complex Near Seattle

CBRE has arranged a $22.8 million refinance loan for the 109-unit Trailhead at the Preserve Apartment Complex located in Bremerton, Washington. James Bach, Connor Lemley, Regina Wang, and Griffin Walker with CBRE Capital Markets’ Debt...
CJ Angle, Chelsea Jervis, Ryan Fitzpatrick

Berkadia Adds Three Investment Sales Advisors in Irvine: CJ Angle, Chelsea Jervis, and Ryan...

Berkadia, a leader in the commercial real estate industry, announced the addition of Senior Managing Director Ryan Fitzpatrick and Managing Directors Chelsea Jervis and CJ Angle to its investment sales platform in Irvine, California. Fitzpatrick,...
R3 by CLG

Gantry Secures $27.8M Loan to Refinance Class A Marina del Rey Multifamily Property R3...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $27.8 million permanent loan to refinance the R3 by CLG apartment building located in Marina del Rey near Los Angeles. The...
Allez Apartments

JLL Arranges Financing for Luxury Multifamily Project Allez Apartments Near Seattle

JLL Capital Markets announced that it has arranged a $30 million loan for Allez Apartments, a 148-unit luxury multifamily community in downtown Redmond, Washington. Located at 8397 158th Ave NE, Allez Apartments is strategically positioned...
Sugar Hill Apartments

Berkadia and IREA Negotiate $11.91M Sale of Sugar Hill Apartments in North Redondo Beach

Berkadia announced the sale of Sugar Hill Apartments, a 36-unit, garden-style multifamily community in North Redondo Beach, California. Managing Director Steffan Braunlich of Berkadia El Segundo and Senior Partner Chris Thompson of IREA Encino led the...
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