Concord Capital Partners Acquires Five-Property Multifamily Portfolio in Los Angeles Area For $79M
Concord Capital Partners (“Concord”), announced that it has acquired a 537-unit, five-property multifamily portfolio in Los Angeles from two separate sellers for $79 million. The properties were acquired with a $60.5 million senior loan...
Logos Faith Development to Build First Affordable Housing Project with Model/Z Modular Housing Units...
Logos Faith Development (LOGOS), a Los Angeles-based, mission-driven real estate development firm specializing in transforming underutilized church land into community-centered affordable housing, plans to build multiple projects using the innovative Model/Z modular housing units.
Pastor...
Lakeside Group Closes Acquisition of 234-unit 100 Grand Class A Multifamily Tower in Oakland
Lakeside Group, an Oakland-based real estate investment and development firm, announced the acquisition of 100 Grand, a 243-unit Class A multifamily tower in Oakland, California.
100 Grand will benefit from Lakeside Group's integrated approach to...
Waterton Acquires 522-Unit AMLI Warner Center Apartments in Woodland Hills near Los Angeles
Waterton, a national real estate investor and operator, announced it has acquired the AMLI Warner Center apartments, a 522-unit wrap-style community in Woodland Hills, California.
Built in 2007, the relative low density and physical condition...
Levin Johnston Team of Marcus & Millichap Brokers $55M 1031 Exchange for Northern California...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $22.8 million sale of Villa De Wright, a 72-unit multifamily property in Mountain...
CBRE Facilitates $9.57M Sale of Multifamily Property in Eastside Costa Mesa California
CBRE announced the $9.57 million sale of a 22-unit multifamily property located at 313 and 325 East 17th Place in Eastside Costa Mesa, California marking its first time on the market in more than...
Kidder Mathews Facilitates Sale of Two Off-Market Los Feliz Apartment Buildings on Rodney Drive
Kidder Mathews has arranged the off-market sale of two iconic multifamily properties in Los Angeles’ Los Feliz neighborhood, located at 2028–2030 Rodney Drive and 2040 Rodney Drive.
Kidder Mathews Executive Vice President and Managing Director...
EAH Housing Announces Leasing for Affordable Rental Community Aloha Iā Halewilikō in ‘Aiea on...
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in Hawai'i and California, announced the start of leasing at Aloha Iā Halewilikō, a new $62 million affordable rental...
Institutional Property Advisors Closes Puget Sound Multifamily Asset Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Briggs Village, a 72-unit apartment property in the 137-acre Briggs Village master-planned community...
KeyBank Community Development Lending Provides Financing for Affordable Housing Property El Camino Commons
KeyBank Community Development Lending and Investment (CDLI) provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance the new construction of El Camino Commons, an affordable multifamily housing...
Hanes Investment Realty Inc Purchases 89-Unit Residential Property Enclave 693 in Thousand Oaks for...
Hanes Investment Realty Inc has purchased Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks, for $27.4 million ($307.9k/unit). The propery has since been rebranded as Enclave 693.
Located at 693 McCloud Avenue...
Kidder Mathews Promotes Brandon Rogness to Lead Asset Services in Tacoma Washington
Kidder Mathews is pleased to announce that Brandon Rogness has been promoted to Market Leader in Tacoma, Washington. In this role, Rogness will oversee the firm’s local asset services operations—ensuring seamless operations, driving tenant satisfaction,...
Brett Kahn Joins Clarion Partners as Head of Asset Management in Multifamily Housing
Clarion Partners LLC, a leading real estate investment manager, announced that Brett Kahn has joined the firm as Managing Director and Head of Asset Management – Housing. In this new role, Kahn will lead...
Two Hollywood Multifamily Properties with Combined 68 Units Trade in Separate Deals Totaling $23M
Two multifamily properties with a combined 68 units in Hollywood traded hands in separate deals totaling $23 mil. The properties -- Mansfield Terrace and Palms View – were both sold by Omninet. Located west...
Lower Queen Anne Mixed-Use Apartments Roystone Change Hands in Chapter 11 Bankruptcy Sale
Seattle-based developer Vibrant Cities has lost control of Roystone, a newer 93-unit mixed-use building located at the base of Queen Anne Hill. Dylan Simon, Jerrid Anderson, and JD Fuller of the Simon | Anderson...
