Friday, April 26, 2024

Pacific region

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

The Pearl on Wilshire

Cityview sells equity share of Koreatown’s “The Pearl on Wilshire” to a group led...

Cityview, a premier urban multifamily investment management and development firm, today announced the sale of its equity share of The Pearl on Wilshire—a luxury mixed-use development in Los Angeles’ Koreatown. Cityview developed the 346-unit...
Bentley House

Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington. “Seattle’s Eastside is experiencing the largest job growth in the region with...

Vista Multifamily community now complete

Pathfinder Partners has completed construction on Creekside Apartments—a new 41-unit multifamily community in Vista, California—retaining San Diego-based Sunrise Management to oversee all marketing/branding, leasing and day-to-day operations. According to Matt Quinn, vice president of Pathfinder...
Astoria Oaks

Stepp Commercial completes $6.4 million sale of a 29-unit apartment property in Sylmar, California

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.4 million sale of Astoria Oaks, a 29-unit apartment property located at 13983 Astoria Street in Sylmar, California. Stepp Commercial’s...

Levin Johnston directs $11.7 million sale of newly renovated 22-unit multifamily community in Redwood...

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 $11.7 million sale of Woodside North,...

Levin Johnston directs two property trades totaling $12.3 million in California Bay Area

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 successfully directed the sale of two apartment communities—one...

Wood Partners announces grand opening of Alta Waverly in Oakland, California

Wood Partners, a national leader in multifamily real estate development and acquisition, announced the grand opening of its newest luxury residential community—Alta Waverly—in Oakland, California. Providing brand new and contemporary living with street-level retail in...

NMHC and NAA Statements on the Passage of Oregon Rent Control Legislation

Today, the Oregon State House passed SB 608, a bill that creates a new statewide rent control law. The measure now goes to Governor Kate Brown’s desk. Following is a statement from Doug Bibby, President...
1206 Gladys Avenue

Stepp Commercial Group completes $2.65 million sale of an 8-unit apartment property in Long...

Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.65 million sale of an eight-unit multifamily property located at 1206 Gladys Avenue in Long Beach, Calif. Robert Stepp,...
Retreat at Thousand Oaks

Institutional Property Advisors Brokers $171M Ventura County Multifamily Portfolio Sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the $171.25 million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks, California within Ventura County. The properties are Los...
BCT Development

Bain Capital Real Estate and Cherry Tree Capital Partners Form Joint Venture ‘BCT Development’...

Bain Capital Real Estate and Cherry Tree Capital Partners announced the formation of BCT Development, a strategic joint venture focused on the ground-up development of premier rental townhome communities throughout Southern California. The joint...
Courtyard

Emerald Heights Welcomes First Residents to New Assisted Living Courtyard Building Near Bellevue Washington

Emerald Heights, a senior living community in Redmond, Washington, officially opened the doors to their newest addition, Courtyard, and started welcoming their first residents. The three-level Courtyard building offers six apartment designs including one-bedroom, one-bedroom...

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...
7012 & 7024 El Dorado Drive

CBRE Facilitates Sale of Two Multifamily Apartment Communities Totaling 24 Units in Northern Orange...

CBRE announced the sale of two multifamily properties totaling 24 units for $7.61 million in northern Orange County, California to two separate buyers. In the first transaction, CBRE’s Executive Vice President Dan Blackwell and Associate...
Icon/Echo

Urban Catalyst Recaps San Jose Mixed-Use Office, Retail, and Multifamily Site Icon/Echo

Urban Catalyst has landed financing to recapitalize the land site and pre-construction costs for the Icon/Echo, Urban Catalyst’s mixed-use redevelopment project planned for downtown San Jose, California. Gantry provided the $10.5 million bridge loan. After...
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