Saturday, April 27, 2024

Pacific region

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

Mayor London Breed and community members celebrate groundbreaking of new affordable housing by the...

Mayor London N. Breed, Supervisor Aaron Peskin, and community leaders today celebrated the joint groundbreakings of 88 Broadway and 735 Davis near The Embarcadero. Together, the buildings will provide 178 new permanently affordable homes...

Stepp Commercial completes $2.37 million sale of eight-unit apartment property in Hollywood’s Media District

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $2.37 million sale of an eight-unit apartment property located in the heart of Hollywood’s Media District at 842...

Stepp Commercial completes $12.55 million sale of Parc Regency, a 44-unit apartment property in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $12.55 million sale of Park Regency, a two-story 44-unit apartment property located at 7500 Mason Avenue in Winnetka, CA....

Stepp Commercial completes $8.5 million sale of 14-unit apartment property in Santa Monica, CA

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $8.5 million sale of an 85 percent occupied 14-unit apartment property located at 833 20th Street in Santa Monica,...

Riverside Capital Invests in new family housing on Oahu, Hawaii

Riverside Capital, LLC (“Riverside”), a leading provider of capital for high quality affordable housing developments, is pleased to announce it has invested $16.5 million in the construction of new affordable family housing in East...

10-unit multifamily building trades for $4.5 million in Santa Monica

Transwestern Commercial Services (TCS) today announces it has brokered the sale of a 10-unit multifamily building at 829 Euclid St. in Santa Monica’s prime Wilshire-Montana neighborhood. TCS Senior Vice Presidents John Swartz and Josh...
Casa Real

Concord Capital Partners acquire historic West Hollywood property for $17.275 million

Concord Capital Partners has acquired Casa Real, a 60-unit multifamily property located in the historic Harper District of West Hollywood for $17.275 million. The four-story, 43,000-square-foot multifamily property is located at 1354 N. Harper Avenue,...

HFF arranges financing for mixed-use development in San Diego’s Scripps Ranch

HFF announces it has arranged financing for the development of Carroll Canyon, a luxury residential and retail mixed-use development in San Diego’s affluent Scripps Ranch community. HFF worked on behalf of Sudberry Properties to arrange...

Google announces investment in housing

This week, Google announced that the company is committing $1 billion for housing in the Bay Area over the next 10 years. The outline Google’s announcement outlined its objectives but did not get into the specifics...

Levin Johnston directs $15.95 million sale of 52-unit multifamily community in Alameda, 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 $15.95 million sale of Buena Vista...

Parkview Financial provides $16.5 million construction loan for new residential/retail project in Los Angeles

Parkview Financial announced today it has provided a $16.5 million construction loan to Los Angeles-based 5050 Pico, LLC for the development of Kentish Town, a new five-story mixed-use residential and retail project located at...

RISE Properties Trust and Aegon Real Assets US acquire Bryson Square Apartments in Kent

RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary of Aegon N.V., a multinational life insurance, pensions and asset...

PCBC Innovators Speak

The Pacific Coast Builder's Conference was held in San Francisco May 29-31. In addition to a trade show where suppliers to the building industry can showcase their latest products, the conference included education sessions...

Vista Multifamily community now complete

Pathfinder Partners has completed construction on Creekside Apartments—a new 41-unit multifamily community in Vista, California—retaining San Diego-based Sunrise Management to oversee all marketing/branding, leasing and day-to-day operations. According to Matt Quinn, vice president of Pathfinder...

Raintree Partners acquires portfolio of seven multifamily properties totaling 231 units in Glendale, California...

Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of seven multifamily properties totaling 231 units located in the Los Angeles submarket of Glendale, California for $79...
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