Thursday, March 28, 2024

Pacific region

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

4001 Nicolet

Levin Johnston completes sale of upgraded 30-unit multifamily community in Fremont, 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 sale of 4001 Nicolet, a fully...
Anthony Palladino

Anthony Palladino joins Institutional Property Advisors in Portland Oregon

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today that Anthony Palladino has joined IPA as a vice president in Portland, Oregon. He will assist institutional and major private multifamily investors...
921-927 S. Trident Street

CBRE arranges sale of 12-unit multifamily community in Anaheim, Calif., for $4.25 million

CBRE arranged the sale of a 12-unit multifamily property in Anaheim, Calif., to a private investor in a 1031 exchange. The sale price was $4.25 million, representing $354,166 per unit and $324 per square foot. CBRE’s Executive...
Modera Morrison

Joint venture equity arranged to develop apartments in Portland, Oregon

JLL Capital Markets announced that it has arranged joint venture equity for the development of Modera Morrison, a 247-unit mixed-use multihousing and retail development in a qualified opportunity zone in Portland, Oregon’s popular Central...
Sienna Pointe Apartments

Tower 16 Capital Partners acquires a two-property, 504-unit multifamily portfolio in the Inland Empire...

San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 504 units in Moreno Valley, Calif., for $107.2 million. The Sienna Pointe Apartments project consists of 384 units built in...
4118 Elm Avenue

Stepp Commercial completes $6.64 million sale of a 22-unit apartment property in Bixby Knolls...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.64 million sale of a value-add 22-unit apartment property located at 4114 to 4118 Elm Avenue in the Bixby...

Land acquisition and joint venture closes on eight-building, multifamily development project in Chula Vista

The Millenia master plan development has closed on the purchase of land for an eight-building, 480-unit multifamily project in Otay Ranch. The project is a joint venture among MetLife Investment Management, Allstate and Ryan...
Addison Arms Apartments

Institutional Property Advisors brokers San Fernando Valley apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Addison Arms Apartments, a 57-unit apartment building in the Sherman Oaks neighborhood of Los Angeles, California. The property sold for...

San Fernando Valley apartment complex trades hands at $45 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cielo Apartments, a 119-unit multifamily property in Chatsworth, California. The $45 million sales price equates to more than $378,000 per...

Levin Johnston successfully directs over $360 million in 1031 exchange transactions this year to...

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, recently directed the sale of a mixed-use property featuring...
433 Bellevue Avenue East

Rare Capitol Hill apartments with development potential sells for $4.5 million

A multifamily property located at 433 Bellevue Avenue East in Seattle’s Capitol Hill neighborhood has sold for $4,500,000. Dylan Simon, Jerrid Anderson, Matt Laird, and Winslow Lee of The Simon and Anderson Team partnered...
The Russell Apartments

Trion Properties acquires 68-unit multifamily community in Portland, Oregon for $19.7 million

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the acquisition of The Russell Apartments, a 68-unit multifamily community in...
Madison at Town Center

Institutional Property Advisors closes $62 million multifamily asset sale in Santa Clarita Valley

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Madison at Town Center, a 130-unit apartment complex in Valencia, California. The asset traded for $62 million, or $476,923...
Tahquitz Court

The Mogharebi Group brokers sale of 108-unit multifamily community in Palm Springs, California for...

Multifamily brokerage firm The Mogharebi Group (TMG), representing a private investor based in Salt Lake City, Utah has successfully brokered the sale of a 108-unit apartment community in Palm Springs, Calif. for $19.7 million. Built...
Yorba Linda Palms

Avanath Capital Management expands Southern California footprint with acquisition of a 44-unit family-oriented multifamily...

Avanath Capital Management, LLC, a multifamily owner and operator that focuses on market rate and affordable housing, announces its recent acquisition of Yorba Linda Palms (The Palms), a 44-unit family-oriented multifamily community in Yorba...
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