First Republic takeover deals yet another blow to Bay Area real estate
The takeover of First Republic by JPMorgan Chase adds another complication to a local real estate market already hampered by high interest rates, difficulties in financing and low occupancy.
And for Bay Area real estate...
BizFed earthquake preparedness seminars to focus on creating a safer Los Angeles County
A series of earthquake preparedness seminars focused on creating a safer Los Angeles County has been announced by the Los Angeles County Business Federation (BizFed).
In the aftermath of this summer's 7.1 earthquake in Ridgecrest and...
Joint venture purchases Harbour Court Apartments in Portland
JLL Capital Markets announced that it handled the sale of Harbour Court, a 99-unit apartment community in Portland, Oregon.
JLL represented the seller, Harbour Court Owner LLC, an affiliate of the ConAm Group, in completing...
$34.5 million construction loan arranged by Marcus & Millichap Capital Corporation
Marcus & Millichap, financing subsidiary Marcus & Millichap Capital Corporation (MMCC), has arranged a $34.5 million construction loan for a 48-unit condominium development project in Pasadena, California.
“After completing the first phase of the project, with financing...
Avanath Capital Management acquires 120-unit affordable senior housing community in West Sacramento
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento,...
Avison Young completes $68 million off-market sale of Arte, a 182-unit luxury apartment community...
Avison Young announced it has completed the off-market, $68 million sale of Arte, a 182-unit, luxury apartment community located at 10130 Foothill Boulevard in Rancho Cucamonga, CA.
Avison Young’s Peter Hauser, Matt Hauser and Masa...
JLL Arranged the Joint Venture Equity for the 43-unit Allesandro Apartments Project in Los...
JLL Capital Markets announced that it has arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multi-housing project in the Echo Park neighborhood of Los Angeles, California.
JLL represented the Sponsor, A.J....
$11.75 million financing secured for an affordable multihousing community in L.A.
JLL Capital Markets announced that it has secured $11.75 million in forward permanent financing for Third Thyme, a 104-unit, affordable multihousing community in Los Angeles, California.
JLL worked on behalf of the borrower, West Hollywood...
Levin Johnston directs $17.28 million sale of core plus multifamily community in San Jose,...
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 $17.28 million sale of Lakewood Court...
Intracorp starts construction on 321-residence apartment building in Little Saigon
Prominent North American developer, Intracorp, announced today that it is preparing to begin construction on a brand-new, 321-residence apartment building within Seattle’s Little Saigon neighborhood.
Located at South Jackson Street and 12th Avenue, the demolition...
JLL secures $34.5 million loan for new multihousing investment platform
JLL announced today that it has secured $34.5 million in financing for Waterscape Apartments, a 180-unit, garden-style apartment community in Fairfield, California.
JLL worked on behalf of a joint venture between Glencrest Group and Angelo,...
Pembrook provides $15.35 million first mortgage loan for acquisition and renovation of Parkwood Apartments...
Pembrook Capital Management LLC (Pembrook), one of the nation’s leading bridge lenders for affordable housing, provided a $15.35 million first mortgage loan for the acquisition of Parkwood Apartments, a 90-unit multifamily property located at...
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...
$49.7 million two-property multifamily portfolio sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Avery Park Apartments and Bennington Apartments, a two-property, 268-unit multifamily portfolio in Fairfield, California. The $49,700,000 sales price equates to...
Colliers facilitates sale of 25-unit apartment community in San Leandro for $6.8 million
Leading diversified professional services and investment management company Colliers recently facilitated the sale of a 25-unit multifamily property called Foothill Terrace in San Leandro. Colliers’ Senior Vice President Rich Martini procured the buyer and...
