Developer buys $29 million trophy value-add property near Sunset Strip in West Hollywood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Terraces at La Cienega, a 42-unit apartment property located just steps from the world-famous Sunset Strip in West Hollywood, California.
Paul...
TCN Worldwide announces Vince Provenzano as a Regional Vice President
H. Ross Ford, president and CEO of TCN Worldwide, is pleased to announce Vince Provenzano, President of Brokerage at Pacific Coast Commercial/TCN Worldwide will serve as the new regional vice president for the West...
Institutional Property Advisors closes Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew on 14th Apartments, a 100-unit multifamily asset in Riverside, California.
“With 14.7 percent year-over-year rent increases and 1.6 percent vacancy,...
Institutional Property Advisors closes Ventura County multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ocean Villas, a 119-unit apartment asset in Oxnard, California. The property sold for $39.75 million, which equates to $334,033 per...
Stepp Commercial completes $41.85 million sale of a 17-property apartment portfolio in Long Beach,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has the completed the $41.85 million sale of an apartment property portfolio in Long Beach, Calif. The deal consisted of 17 properties...
CGI+ acquires multifamily community in Oxnard, California for $50.7 million
CGI+ Real Estate Strategies’ ongoing efforts to broaden its investment platform has led to the firm to make its second suburban purchase in the last 11 months with the acquisition of Alturas, a 170-unit...
Institutional Property Advisors facilitates $67 million Pasadena multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Theo Pasadena, a 105-unit apartment property in Pasadena, California. The property sold for $67 million, or $638,095 per unit.
“Theo Pasadena...
Community Preservation Partners appoints Belinda Oakes as new Chief Financial Officer
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the appointment of Belinda Oakes as chief financial officer. Oakes will be responsible for the development, oversight and maintenance...
Sunrise Management named Lydia Stiles as asset director expanding Portland office
Expanding its new Portland, Oregon office, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has added Lydia Stiles as asset director for the region. In this capacity, Stiles takes...
Levin Johnston completes $15.8 million sale of 24-unit multifamily community in Redwood City, 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 announced the sale of Farm Hill Manor, a...
Marcus & Millichap expands Board of Directors
Marcus & Millichap, a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, announced that it has expanded the Board of Directors with the election of Collete...
Bridge Housing names Kenneth T. Lombard President and CEO
The BRIDGE Housing Board of Directors has named Kenneth T. Lombard the new President and CEO of BRIDGE, effective November 15, 2021. BRIDGE is a leading nonprofit developer, owner and manager of affordable housing...
Luxury multihousing community near Portland trades for $44 million
JLL Capital Markets announced that it has closed the $44 million sale of Misty Ridge, a 103-unit, garden-style multihousing community in Happy Valley, Oregon, in the Portland MSA.
JLL marketed the property on behalf of...
160-unit multifamily community trades for $25 million in Sacramento
Transwestern Real Estate Services (TRS) announces the team of Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented both parties in the sale of Park Knoll Apartments, a 160-unit multifamily community at 10680...
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...
