The Mogharebi Group brokers $9.25 million sale of 92-unit multifamily community in Monterey County,...
The Mogharebi Group (TMG) has arranged the $9.25 million sale of Plaza Grande, a 92-unit multifamily community in Salinas, Calif. TMG represented the Monterey-based developer-owner of the fully occupied affordable housing community in its...
Yardi acquires coworking technology firm Phoenix Broadband Ltd.
Yardi announced today the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces. Based in Stirling, Scotland, Phoenix Broadband is known for its Medusabusiness brand....
Levin Johnston directs one-acre multifamily acquisition in Mountain View, California
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 $8.8 million acquisition of a one-acre...
CBRE appoints Leah C. Stearns as chief financial officer
CBRE Group, Inc. announced that Leah C. Stearns will join the company as Chief Financial Officer (CFO). Stearns, who assumes her new role on May 15, was previously Senior Vice President and CFO for...
CGI Strategies starts construction on third Koreatown multifamily development
Real estate investment and development firm CGI Strategies has started construction on a 200-unit apartment community at 837 S. Fedora in the heart of Los Angeles’ Koreatown. Fedora, which is being developed at a...
Stepp Commercial completes $6.3 million sale of Washington Place, a 15-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of Washington Place, a 15-unit apartment property located at 401 Washington Avenue in Santa Monica, California.
Principal...
Financing arranged to develop Class A seniors housing community
JLL Capital Markets announced it arranged financing for the Lodge at Piner Road, a 92-unit seniors housing development located in Santa Rosa, California, part of Sonoma County.
JLL represented the borrower, Blue Mountain Enterprises and...
Westland Investors acquires Tall Oaks Apartments in Suburban Portland
Westland Investors announced the successful acquisition of Tall Oaks Apartments. Located on SW Caldwell Road in Gladstone, the 64-unit apartment building’s closing price was $10,150,000. Westland worked closely with Greg Frick and Tyler Johnson of HFO...
Stepp Commercial completes $3.95 million acquisition of a 16-unit apartment property in Downey, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.95 million acquisition of a 16-unit apartment property located at 11502 to 11506 Adco Avenue in Downey, Calif.
Stepp Commercial’s...
Retreat Senior Living LLC and the Brothers of St. Patrick join forces on new...
Retreat Senior Living LLC is pleased to announce that it has entered into a long-term ground lease with the Brothers of St. Patrick to own and operate an 88-unit active lifestyle community for those...
Stepp Commercial completes $1.86 million sale of a value add 11-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.86 million sale of a value add 11-unit apartment property located at 2121 Long Beach Blvd. in the...
R.D. Olson construction completes Chapman University student housing project
R.D. Olson Construction, an award-winning general contracting firm in California, has completed The K, a 401-bed, 123,562-square-foot student housing project for Chapman University. Designed to reflect the historic charm of Old Towne Orange, the...
$58.5 million rare Santa Monica multifamily asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Pico Lanai Apartments, a 174-unit apartment complex in Santa Monica, California. The property sold for $58,550,000, which equates to...
Dunleer sells fully renovated apartment asset, The Oxford Hollywood, for $410,000 per unit
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $2.05 million sale of The Oxford Hollywood, a fully occupied five-unit apartment property located at 1020 N. Oxford Avenue in Los...
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...
