Dana Brody joins Marcus & Millichap as Senior Vice President Investments
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced today that Dana Brody has rejoined the firm as a senior vice president investments...
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...
Sunrise Management adds 84 multifamily units to San Diego portfolio
Following the $45.08 million sale of two high profile urban San Diego mixed-use projects, San Diego-based Sunrise Management has taken over day-to-day management of both communities—Park + Polk and The Fort—both previously owned and...
JLL closes sale of suburban Portland apartments
JLL announced today that it has closed the sale of Avana Orenco Station, a 264-unit, garden-style multihousing community in Hillsboro, Oregon.
JLL marketed the property on behalf of Greystar and procured the buyer, Jackson Square...
Mesa West Capital originates $65 million loan to fund Los Angeles apartment acquisition
Mesa West Capital has provided Newport Beach, CA-based real estate development and investment firm Sares Regis Group with $65 million in first mortgage debt for the acquisition of a 169-unit multifamily community in Los...
California extends eviction moratorium
California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also creates the State Rental Assistance Program which will use funds...
2851 Boston Ave. apartments in San Diego, California purchased
JLL Capital Markets announced that it closed the $2.4 million sale of 2851 Boston Ave., a nine-unit apartment community located in the Barrio Logan submarket of San Diego, California.
JLL represented the seller, WLA Investments...
Oregon revamps its housing laws
The governor of Oregon is expected to sign into law several bills to address housing issues in the state. Two bills, HB 2001 and HB 2003 have the potential to transform Oregon’s neighborhoods.
Eliminating single-family...
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...
CBRE appoints Leah C. Stearns as chief financial officer
CBRE Group, Inc. announced that Leah C. Stearns will join the company as Chief Financial Officer (CFO). Stearns, who assumes her new role on May 15, was previously Senior Vice President and CFO for...
Levin Johnston completes two multifamily transactions totaling $24.45 million in San Mateo, 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, successfully completed the sale of two multifamily communities in...
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...
JLL closes $98.1 million sale, financing of Seattle apartments
JLL announced today that it has closed the $98.1 million sale and arranged acquisition financing for Augusta Apartments, a 209-unit apartment community in Seattle, Washington.
JLL marketed the property on behalf of the seller, Vulcan...
MG Properties Group acquires two multifamily communities in the Pacific Northwest for more than...
MG Properties Group, a private San Diego-based real estate investor and operator, has acquired two multifamily communities; the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA for a combined total...
Solano County apartment complex sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Camden Parc Apartments, a 232-unit apartment complex. The property sold for...
