Saturday, May 18, 2024

Pacific region

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

Tanara Villa

Marcus & Millichap brokers Tacoma multifamily asset sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Tanara Villa, a 130-unit multifamily asset in Tacoma, Washington. The property...
The Alcove

Meta Housing Corp and R.D. Olson Construction Starts Work on Affordable Housing Project The...

Meta Housing Corp has broken ground on a new 238k square-foot, seven-story affordable housing apartment complex in the western San Fernando Valley community of Woodland Hills known as The Alcove. The project is being...
Cobalt Apartments

Institutional Property Advisors Closes Los Angeles Mixed-Use Multifamily Asset Sale for Cobalt Apartments

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cobalt Apartments, a 135-unit multifamily property with 14,754 square feet of ground floor retail in the West Los Angeles-Culver City...
Joe Anfuso

Tower 16 Capital Partners hires Joe Anfuso as asset manager of $250 million portfolio...

Encinitas-based Tower 16 Capital Partners announced it has hired Joe Anfuso, a 15-year veteran in the real estate investment industry, as an asset manager to oversee its multifamily assets throughout the Southwest region. Tower 16...
City Gardens

San Francisco multihousing lease up financed for $104 million

JLL Capital Markets announced that it arranged the $104 million refinance of City Gardens, a recently developed multihousing property located in San Francisco, California. JLL worked on behalf of the borrower, Panoramic Interests, to secure...
1071 & 1075 Junipero Avenue Long Beach, California

CBRE Completes Sale of Two Multifamily Apartment Communities in Long Beach California

CBRE announced the sale of two multifamily apartment communities totaling 23 units for $7.09 million in Long Beach, California to two separate buyers. In the first transaction, CBRE’s Executive Vice President Dan Blackwell and Senior...
Amir Eshkol

Amir Eshkol promoted to Chief Construction Officer at TruAmerica Multifamily

TruAmerica Multifamily has promoted Amir Eshkol to the newly created position of Chief Construction Officer, announced CEO Robert Hart. Since joining the firm in October of 2013 as the firm’s first construction project manager, Amir...
Veteran Avenue

BOLOUR Entitles Land for 30-Unit Residential Apartment Building on Veteran Avenue in West Los...

Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has secured the entitlements to build a new five-story, for-rent residential apartment building situated on Veteran Avenue in the heart of West...
Verde

Construction Nearing Completion on New 254-Unit Multifamily Tower Verde in San Francisco’s Mission Rock...

Verde, a new 254-unit multifamily development in San Francisco’s Mission Rock neighborhood, has been completed and has now begun leasing. Verde is the second residential tower to be completed at Mission Rock. Designed by award-winning...
Tropicana Apartments

CBRE Arranges Sale of 21-Unit Tropicana Apartments in Huntington Beach California for $7.05M

CBRE announced the sale of Tropicana Apartments, a 21-unit multifamily community in Huntington Beach, California to a private all-cash buyer. The sale price of $7.05 million represents a sale price of $698 per square...

Landlords sue to end state’s eviction ban

Two landlords filed a lawsuit challenging California courts’ refusal to hear eviction proceedings. In its response to the COVID-19 pandemic, the agency that oversees California’s courts declared that courts would not consider eviction cases...
533 Kirkham West Oakland

Tidewater Capital Receives Final Approvals on 289-Unit Project in West Oakland and 381-Unit Project...

Tidewater Capital (“Tidewater”), a San Francisco-based real estate investor and developer focused on the Bay Area, received final approvals for both 533 Kirkham, a 289-unit residential development in West Oakland, as well as a...
Oak Street Bungalows

Stepp Commercial completes $1.7 million sale of Oak Street Bungalows in Santa Monica, CA

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $1.7 million sale of Oak Street Bungalows, a five-unit apartment property located at 2444 Oak Street in Santa Monica,...
Ardea at Totem Lake

TWG Breaks Ground on Affordable Seniors Property Ardea at Totem Lake with Amazon Funding...

TWG Development held a groundbreaking event for its first seniors-only affordable housing property in Washington state. Upon completion, Ardea at Totem Lake will provide 170 new homes for older low- and middle-income residents at...
Burbank Boulevard

TCA Architects and Mercy Housing Deliver Burbank Boulevard Senior Housing in Sherman Oaks

California-based TCA Architects and Mercy Housing California have announced the successful completion of Burbank Boulevard Senior Housing in Sherman Oaks, California, a 55-unit, Permanent Supportive Housing1 development for seniors ages 55 years and older. The...
Yield PRO