Friday, April 19, 2024

Pacific region

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

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...

Meta Housing breaks ground on 65-unit affordable mixed-use community with social services programs in...

Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, Inc., a Southern California-based non-profit public benefit corporation, has announced the development of Main Street Plaza Apartments, consisting...

Dunleer announces opening of Hollywood fully furnished apartment rentals

​​​Dunleer LLC, a Los Angeles-based private real estate investment and development firm, announced the opening of their fully furnished apartment rental building located in Hollywood, California. Available for stays of six months or longer, the pet-friendly property includes...

Airbnb loses huge battle

The ruling by a three-judge panel of the Ninth Circuit is a setback for the home-sharing platforms in their effort to avoid regulation by cities that blame the rapid proliferation of short-term rentals for...

L.A. mayor takes full responsibility for city’s rise in homelessness

The number of unhoused people living within city limits now stands at 36,300—and 75 percent are unsheltered. With homelessness up 58 percent on his watch, the mayor struck an apologetic tone in a letter sent...

HFF arranges $20.5M financing for mixed-use development in Point Loma, California

HFF announces it has arranged $20.5 million in financing for The Californian, a luxury residential and retail mixed-use development in the coastal San Diego submarket of Point Loma, California. HFF worked on behalf of Murfey...

Legacy Partners announces opening of 208-unit Seattle-area community

Legacy Partners (Legacy), a privately-owned national real estate firm, and Momentum Partners (Momentum) announced today the grand opening of Wellstone at Bridgeport, located at 12535 Bridgeport Way SW in Lakewood, WA. The 208,000-square-foot, four-story...

The Core, a stunning multifamily unit in Anaheim California, makes its debut this month

The Core at Anaheim’s Platinum Triangle is a 400-unit ballpark-adjacent project that sets the stage for the evolution of an entire neighborhood- much like Boston’s Fenway/Kenmore neighborhood with its brownstones and brick walk-ups. The...

Pathfinder Partners sells 75-unit Sienna Lofts apartment community in Portland for $14 million

Pathfinder Partners, a San Diego-based firm specializing in opportunistic real estate investments, announced that it sold its 75-unit Sienna Lofts property—located at 22744 SE Stark Street in Portland’s Gresham neighborhood—for $14 million. The property...

Levin Johnston directs $25.5 million sale of 38-unit townhouse-style apartment community in San Mateo,...

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 successfully directed the $25.5 million sale of Pacific...
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