Ryan Companies adds multifamily development leader
Ryan Companies US, Inc. continues to expand its team in the west region with the addition of Mike Mahoney as Senior Vice President. Mahoney will lead Ryan’s multifamily and senior living efforts in the...
Levin Johnston directs one-acre multifamily acquisition in Mountain View, 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 $8.8 million acquisition of a one-acre...
Trion Properties sells 97-unit multifamily community in San Diego, California
Trion Properties, a private equity real estate firm that specializes in multifamily investments, has sold Willow Glen Apartments, a 97-unit multifamily community located in the rapidly growing Rolando/College Area submarket of San Diego, California,...
State threatens to sue Cupertino over housing policy
Cupertino, often criticized by activists over a perceived reluctance to build homes, is now officially on notice—the city must shape up its housing efforts or face the consequences, according to a warning letter from...
Dekel Capital arranges $59 million in construction financing for multifamily development in Thousand Oaks,...
Dekel Capital, has arranged $59 million in construction financing on behalf of The Latigo Group, which has started work on the first significant multifamily project to be developed in Thousand Oaks, CA since 2007.
When...
Institutional Property Advisors negotiates Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew Riverside, a 128-unit apartment complex in Riverside, California. The property sold for $35.35 million, which equates to $276,171 per...
Housing group announces settlements with three Southern California cities, three new lawsuits over failure...
Californians for Homeownership, a nonprofit organization sponsored by the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) that aims to address California's housing crisis through impact litigation, announced that it has filed lawsuits against the cities of Claremont, Fullerton and...
Legacy Partners announces grand opening of Baxter on Broadway
Legacy Partners, a privately owned national real estate firm, announced the grand opening of Baxter on Broadway, a five-story, 130-unit boutique apartment community in the Temescal neighborhood of Oakland. Baxter on Broadway, located at...
Fore Property strengthens its Southern California presence with opening of two new multifamily communities
Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the formal opening of two new multifamily communities: Arte in Rancho Cucamonga and Las Positas in Camarillo. Developed and constructed...
JLL closes $116.13 million sale of Portland high-rise apartment community
JLL announced today that it has closed the $116.13 million sale of Riva on the Park, on behalf of Barings, one of the world’s largest diversified real estate investment managers. The property is a...
Setback in Seattle
The Washington State Supreme Court has ruled in favor of the City of Seattle and against property owners who challenged two laws intended to address unconscious bias on the part of landlords. The laws...
Equity placement secured for housing development near UC Davis
JLL Capital Markets announced that it arranged joint venture equity on behalf of sponsor Anton DevCo for Axis @ Davis, a 200-unit housing development located near the University of California, Davis. Axis @ Davis...
Lakeview Land Partners sells 47 unit asset in Downtown Oakland
Lakeview Land Partners, LLC announces the sale of the Jackson Courtyard Apartments, LLC. a 47 unit apartment building in downtown Oakland Ca. which was built in 2009. Lakeview purchased the property in 2015 and enjoyed the transformation...
Trion Properties bolsters Northern California portfolio with acquisition of Bella Pointe apartments in Sacramento
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, with equity partner Walker & Dunlop, has acquired Bella Pointe Apartments, a 136-unit multifamily community in the Sacramento...
Veteran CRE broker Robin D. Ossenbeck joins Kidder Mathews’ in West LA
Robin D. Ossenbeck has joined Kidder Mathews’ West Los Angeles office as a senior vice president, where she will continue to specialize in multifamily investments.
Ossenbeck is a veteran in commercial real estate with more...