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...
Institutional Property Advisors brokers sale of newly reconstructed downtown San Diego building
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Studios 435, a 86-unit apartment asset in San Diego, California. The property sold for $23.25 million, or $270,349 per unit.
“Originally...
CBRE Arranges $2.8M Sale of 10-Unit Multifamily Community in Garden Grove California
CBRE announced the sale of a 10–unit multifamily property in Garden Grove, California to a private buyer for $2.875 million, representing $287,500 per unit and $334 per square foot. This marks the first time...
Marcus & Millichap’s Levin Johnston team closed San Francisco Bay Area multifamily sale for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Lakes, a three-story, 102-unit garden-style multifamily asset in Concord, California....
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...
Gelt, Inc. acquires a 149-unit apartment property in Studio City, California for $76 million
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Avalon Studio 4121, a 149-unit value-add apartment property located at 4041-4121 Radford Avenue in Studio...
San Francisco celebrates renewal of 255 Woodside
City and County officials will join Mission Economic Development Agency (MEDA) and BRIDGE Housing at 12:00 noon today to celebrate the renewal of 255 Woodside, a 109-unit affordable rental community for seniors and residents...
$203 million in refinancing secured for San Diego multihousing community
JLL Capital Markets announced that it has closed the $203 million construction takeout financing for Vive Luxe, a Class A, 442-unit, multihousing community in the Kearny Mesa submarket of San Diego, California.
JLL represented the...
Institutional Property Advisors brokers $82 million Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foothill Ridge, a 232-unit apartment asset in Upland, California. The $82 million sales price equates to $353,448 per unit.
“Foothill Ridge...
Pathfinder Partners, Silvergate acquire former convent just east of San Diego; announce plans for...
Continuing its expansion in the San Diego market, local real estate investment group Pathfinder Partners, LLC has partnered with San Diego-based developer, Silvergate Development, LLC, to acquire Little Flower Haven – a 4.1 acre...
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...
$10.75 million financing secured for a California multihousing community owned by Universe Holdings
JLL Capital Markets announced that it has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multihousing community located in La Mesa, California.
JLL worked on behalf of the borrower, Universe Holdings, to...
Raintree Partners acquires portfolio of five Southern California multifamily properties totaling 551 units for...
Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million.
The properties...
Bundle Select is changing the world of real estate
Now consumers can save thousands of dollars by bundling real estate, lending and title services, while making better use of technology, and still keep their own Realtor.
Introducing Bundle Select, a new service which allows...
The Mogharebi Group brokers $11.25 million sale of 44-unit affordable housing community in Palm...
The Mogharebi Group (TMG) has brokered the sale of a 44-unit garden-style multifamily community in Palm Springs, Calif. for $11.25 million. The buyer of the fully occupied property is a California-based affordable housing investor.
Sunnyview...
