Tower 16 Capital Partners announces the sale of Hillside Village Apartments for $16.5 million
Tower 16 Capital Partners has sold Hillside Village Apartments, an 80-unit multifamily project in San Bernardino, for $16.5 million. The property was purchsed in January 2019 for $11 million in an off-market transaction. Tower...
Kidder Mathews Arranges Sale of Mixed-Use Property in LA’s Eagle Rock Neighborhood
A mixed-use property at 4311 Eagle Rock Boulevard in Los Angeles has sold to Opus Builders LA for $1,445,000 in an off-market transaction. Kidder Mathews commercial real estate brokers Darin Beebower, Mark Ventre, and...
CBRE Arranges Sale of Two Apartment Communities on the Same Street in Garden Grove...
CBRE announced the sale of two multifamily rental communities located on the same street near the major thoroughfare of Euclid Street and Katella Avenue in Garden Grove, California. The transactions involved two buyers and...
Project Access Promotes James Le to Senior Director of Development
Project Access Resource Centers has promoted James Le to Senior Director of Development For the non-profit organization based in Orange, California. In consultation and partnership with Kristin Byrnes, CEO and president of Project Access,...
Stepp Commercial completes sale of historic 25-unit apartment property in West Gateway submarket of...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.735 million sale of a historic 25-unit apartment property located at 330 Cedar Avenue in the West Gateway submarket...
Wind at our back
The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that would incentivize Americans to become homeowners.
“This is definitely a tailwind...
Marcus & Millichap brokers $58 million manufactured housing sale in Huntington Beach
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Skandia Mobile Country Club, a 167-unit mobile home complex in Huntington...
Seattle urban development site sale closed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of an approximately 17,850-square-foot multifamily development site at 12337 and 12345 30th Ave. NE in Seattle, Washington. The sales price...
Kidder Mathews arranges record-breaking sale of multifamily property in Sherman Oaks
An eight-unit apartment property at 4737 Kester Avenue in Sherman Oaks, California has sold for $3,600,000. This marks a record-high price-per-unit for a rent-controlled apartment building in the 91403 zip code. Kidder Mathews’ Michael...
Luxury multihousing community near Portland trades for $44 million
JLL Capital Markets announced that it has closed the $44 million sale of Misty Ridge, a 103-unit, garden-style multihousing community in Happy Valley, Oregon, in the Portland MSA.
JLL marketed the property on behalf of...
1970s-built multifamily asset comes to market in San Diego County
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it has been selected to exclusively market for sale Villa Capri, a 98-unit multifamily property in Escondido, California. The price is $21.2 million.
“Built...
Stepp Commercial completes $12.55 million sale of Parc Regency, a 44-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $12.55 million sale of Park Regency, a two-story 44-unit apartment property located at 7500 Mason Avenue in Winnetka, CA....
Mogharebi Group Secures $16.5M for Sale of Bakersfield California Vantage Point Apartment Community
The Mogharebi Group (TMG) has arranged the $16.5 million sale of Vantage Point Apartments, a 144-unit multifamily community in Bakersfield, California. Senior Vice President Mark Bonas represented the buyer, a Central Valley-based investor, in...
Project Access Has Added Annette Lopez as its New Marketing and Communications Director
Project Access Resource Centers has hired Annette Lopez as its new Marketing and Communications Director for the non-profit organization based in Orange, California.
Before assuming her new role with Project Access, Lopez was Director of...
New Multifamily Complex in San Diego County’s Lemon Grove Neighborhood Nears Completion
Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion, bringing much needed housing to a rapidly growing San Diego County neighborhood.
Owned and developed by LLJ Ventures...