Pacific region

CBRE announced the sale of a nine-unit multifamily property at 6744 Orizaba Avenue in Long Beach, California to a private investor for $2.41 million. The selling price represents $267,778 per unit and $310 per...

3650 REIT (“3650”), a nationwide alternative lender, special servicer and solutions provider focused on originating, servicing and asset-managing commercial real estate loans and providing fixed-income advisory support to global institutions, announced it has originated...

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today that it has facilitated the sale of Varsity Berkeley, a 79-unit, 263-bed, purpose-built student housing asset within walking distance of...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $34.3 million of loans to refinance four Seattle MSA assets owned by different and unaffiliated entities. Three of...

City and community leaders gathered in South Los Angeles’ Baldwin Village community to mark the beginning of construction on 5035 Coliseum, a mixed-use project featuring a new Costco Wholesale store at the street level...

CBRE closed the sale of two multifamily properties on Marine Street and Chestnut Avenue in Santa Ana in separate transactions, representing both the buyers and sellers, all based in Orange County. The combined sales...

The Seville, an upscale, 87-unit senior rental community in San Clemente, is now open and welcoming its first residents. Managed by Orange County-based Momentum Senior Living, the community offers a vibrant and graceful lifestyle of...

Big Wave Group announces the commencement of construction on a unique $37 million, 50,000-square foot two-story residence for adults with IDD. On the Big Wave campus, OSBI will operate a Culinary Academy, Catering Program, and...

Ramona Oaks Apartments, a 44-unit multifamily property in Riverside, sold for $10.15 million, or $231k/unit. Ramona Oaks offers a mix of one- and two-bedroom floorplans, averaging 809 sf. Each unit features an electric-equipped kitchen, wood...

Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, investment management, and operation of high-quality residential communities, announces the launch of The Standard at Eugene, a 703-bed, 247-unit student housing development...

JRK Property Holdings has acquired two Class A multifamily communities in Minneapolis and San Francisco in separate transactions totaling nearly $100 million. JRK made the purchases through its JRK Platform 5 Fund. JRK Platform 5...

A 62-unit apartment complex at the border of Los Angeles’ Cheviot Hills/Palms neighborhoods was acquired vacant by the University of California, Los Angeles for $39 million in an all-cash purchase. The deal works out...

CentrePointe Greens, a class B garden-style multifamily property in Everett, Washington traded hands in a recent sale. CBRE’s Eli Hanacek, Mark Washington and Kyle Yamamoto represented the seller. CentrePointe Greens was built in 1990 and...

Red Oak Capital Holdings, LLC has provided a $4.55 million loan for Eagle Crest Village Apartments, a 98-unit residential community in North Bend, Oregon. The funds will be used to retire the existing debt and...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $9.15 million in financing for the acquisition of two multifamily properties located at 1402 Esplanade and...