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...
Levin Johnston directs $11.7 million sale of newly renovated 22-unit multifamily community in Redwood...
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 $11.7 million sale of Woodside North,...
SVA Architects joins development team and Governor Ige for Phase II groundbreaking of Kulana...
On August 28, 2019, SVA Architects, Inc. will join Governor Ige and the development team of Kulana Hale to commemorate the Phase II groundbreaking of the affordable, mixed-use project. The three-acre, $130 million Kulana...
Marcus & Millichap Capital Corporation arranges $15 million financing for multifamily property in San...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $15.043 million loan for the refinancing of Santa Fe Townhomes, a multifamily property located at...
Intercontinental Real Estate Corporation and MG Properties acquire 178-unit apartment community in Agoura Hills,...
Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million.
Built in 1986, The Lexington...
Gelt, Inc. acquires Timber Lodge, a 390-unit value-add apartment community, for $61 million in...
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, announced today it has acquired Timber Lodge for $61 million. The 390-unit value-add apartment community is located about nine miles from downtown...
Capitol Hill multifamily property close to light rail station sells for redevelopment
A multifamily property located at 228 11th Avenue East in Capitol Hill has been sold to a private developer for $3,300,000 ($430 per land square foot). The seller, Tobin Properties, was represented in the...
Institutional Property Advisors brokers two-property $275 million multifamily portfolio sale along the Southern California...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two adjacent multifamily assets located two blocks from the beach in Hermosa Beach, California. The assets are 285-unit Playa Pacifica...
CBRE arranges sales of three four-unit multifamily properties in Orange County, Calif., to three...
CBRE arranged the sales of three four-unit multifamily properties in Orange County, Calif., for a total of $5.48 million to three separate private buyers in 10 days.
In the first transaction, CBRE’s Executive Vice President...
Kidder Mathews welcomes Cushman & Wakefield Executive Managing Director Ric Russell in San Francisco
Ric Russell has joined Kidder Mathews in San Francisco as Executive Vice President and Shareholder. He brings over 35 years of experience specializing in the sale of multifamily properties and residential development projects throughout...
Newmark secures $947 million loan for Park La Brea Apartments in Los Angeles, California
Newmark Group, Inc. (Newmark), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for...
Archway Equities and Virtú Investments Acquire Luxury Apartment Community in San Jose, California for...
A joint venture of Archway Equities and Virtú Investments has acquired The James, a 190-unit Class A Apartment Community in downtown San Jose, California for $74.25 million.
The James represents Archway’s second significant multifamily investment...
Institutional Property Advisors completes $60 million apartment sale in L.A.’s Hancock Park
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Broadstone Candara at Hancock Park, a 103-unit multifamily asset in Los Angeles, California. The property sold for $60.1 million, which...
Marcus & Millichap announces the passing of co-chairman William A. Millichap
Marcus & Millichap announced that William A. Millichap, co-chairman, has passed away after a year-long battle with cancer. He was 76 years old. Marcus & Millichap founder and chairman George M. Marcus issued the...
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...
