Tuesday, May 14, 2024

Pacific region

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

HFF and BUILD announce master-planned mixed-use development in San Francisco opportunity zone

HFF announced today it is working on behalf of BUILD, a San Francisco residential development company, to arrange investment partners for the construction phase of its India Basin development located within a rare opportunity...

Andrew Klavan speaks in Danville, Calif. May 11

Andrew Klavan, pundit, writer and internet personality will be speaking at the Village Theatre in Danville, Calif., this Saturday. Klavan is author of international best-selling books-turned-movies True Crime with Clint Eastwood, Don’t Say A Word starring Michael Douglas and Empire...

TruAmerica acquires $97 million apartment communities in Las Vegas and Atlanta

TruAmerica Multifamily (in partnership with an institutional partner) has acquired a two-property, 608-unit apartment portfolio of assets in the Las Vegas and Atlanta metros in an off-market transaction valued at $96.8 million. TruAmerica in joint...

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...

Affirmed Housing to break ground on Della Rosa, serving Orange County’s chronically homeless and...

Affirmed Housing will host a groundbreaking ceremony for Della Rosa, a new housing community serving individuals experiencing chronic homelessness and households with low income. Located at 14800 Beach Boulevard in Westminster, CA, the 9am...

Another rent control fight in California?

Michael Weinstein and his AIDS Healthcare Foundation (AHF), the driving force behind last year’s Proposition 10 rent control initiative in California, have announced that they intend to qualify a new rent control initiative for...

Passco Companies announces Carey Levy rejoins as president

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., announces that Carey P. Levy has rejoined Passco Companies Development as...

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...

Meta Housing breaks ground on 72-unit transit-oriented affordable multifamily development in Los Angeles, CA

Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, a Southern California-based non-profit public benefit corporation, has announced the development of Vermont Corridor Apartments, a six-story, transit-oriented...

Westwood multifamily property sells for record high $373 per square foot price

Wiseman Residential, a prominent real estate developer in Southern California, has purchased a multifamily property located at 10751 Missouri Avenue in Los Angeles, California, for $3,025,266 in an off-market deal. The seller was a...

Levin Johnston directs $10 million sale of upgraded 35-unit 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 $10 million sale of Delano Apartments,...

California’s race to build housing

California is a fascinating study of politics, housing and galvanized activism. It’s been said that as California goes, so goes the nation. But not always. And hopefully not in the way of a vanishing...

Beverly Hills apartment building sells for record high price of $582 per square foot

An 11-unit apartment building, located at 315 S. Hamel Road in Los Angeles, California, has sold for $3,950,000. Kidder Mathews’ multifamily investment broker, Michael Monempour, represented the seller, Bentley Place, LLC, a private real estate investment company....

Studios435 establishes market for luxury studio apartments in downtown San Diego

As Studios435 approaches its first anniversary, the community is 90 percent leased, demonstrating a robust market for luxury micro-apartments in downtown San Diego. Located at 435 13th St., the housing community opened in July...

TMG Partners announces Matt Field promoted to president

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, today announces the promotion of CIO Matt Field to President with expanded responsibility for the firm’s Bay Area Region real estate portfolio. Matt...
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