Levin Johnston directs $39 million apartment community acquisition in Haltom City, Texas
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 directed the acquisition of Spring Lake Apartments, a...
Legacy Partners hires former Greystar Managing Director Deanna O’Brien as SVP of Operations
Legacy Partners (Legacy), a privately owned national real estate firm, announced today the hiring of former Greystar Managing Director Deanna O’Brien as Senior Vice President of Operations. O’Brien will be responsible for overseeing Legacy’s...
The Kanner Group brokers $21.3 million sale of The Hollywood Regency Apartments in Los...
Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has brokered the $21.3 million sale of The Hollywood Regency Apartments. The value-add, 60-unit multifamily property is located at...
The Mogharebi Group brokers $28.5 million sale of 284-unit senior-living community in California’s Inland...
The Mogharebi Group (TMG) has arranged the sale of Wildomar Senior, a 284-unit senior leisure housing community in Southern California’s Inland Empire. TMG represented the seller Craig Thralls, who developed the property in 2000,...
The push for rent control
In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...
Trion Properties completes new multifamily development in Central Los Angeles submarket
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, with joint venture partner Ketter Construction, has announced the completion of Olivia Apartments, a 45-unit luxury...
Investor’s latest sweetheart: workforce housing
There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee of the National Multifamily Housing Council, Washington.
What’s more, deal activity...
Marcus & Millichap opens new Southern California office
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, is expanding its presence in Southern California with a new office in El Segundo, according...
The Jacobson Company sells 177-unit multifamily community in Kent, Washington for $52 million
The Jacobson Company, a leading private real estate investment and management company, has sold CityZen Commons, a 177-unit multifamily property in Kent, Washington, the fourth-largest municipality in greater Seattle, for $52 million. The firm initially...
Trion Properties acquires 68-unit multifamily community in Portland, Oregon for $19.7 million
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the acquisition of The Russell Apartments, a 68-unit multifamily community in...
Wag! and Greystar bring on-demand dog walking and sitting to six Los Angeles apartment...
Wag!, the country’s largest on-demand mobile dog walking and dog care app, today announced that it will provide its services and custom amenities to residents of six Los Angeles apartment communities managed by Greystar.
This alliance...
The high cost of incivility
The nasty looks and belittling comments reached a point at law firm Bryan Cave, in Irvine, Calif., that the partners held a civility workshop.
Managing partner Stuart Price says working together toward a common goal...
Jonathan Rose Companies appoints affordable housing finance and development veteran Yusef Freeman to head...
In an effort to expand the firm’s West Coast presence, Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has hired affordable housing...
Fore Property announces sale of Rivage Residential Community in Portland metro area
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...
Kidder Mathews sells South Lake Union apartment development site for $10.25 million
A prime South Lake Union apartment development site sold for $10.25 million in a transaction structured by Kidder Mathews. It is located at 1405 Dexter Avenue North in Seattle, Washington.
Dylan Simon, Jerrid Anderson, and...