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...
Unconstitutional tenant relocation scheme hurts families, housing
When the Air Force assigned Lyndsey and Sharon Ballinger to Washington, D.C., in 2015, the Ballingers kept their Oakland, California, house and rented it out on a month-to-month lease so they could move back....
Alta Housing strengthens management team with hire of Marc Garcia as CFO
Alta Housing, a community-based, affordable housing developer, announces the hiring of Marc Garcia as Chief Financial Officer. Garcia has two decades of financial and accounting experience in real estate. Most recently, Garcia served as...
Community Preservation Partners appoints Belinda Oakes as new Chief Financial Officer
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the appointment of Belinda Oakes as chief financial officer. Oakes will be responsible for the development, oversight and maintenance...
HFF announces $41.05M sale of 4-property multihousing portfolio in Sonoma County, California
HFF announces the $41.05 million sale of a four-property multi-housing portfolio totaling 201 units in the Sonoma County community of Rohnert Park, California.
The HFF team marketed the property on behalf of a private investor,...
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...
Levin Johnston completes sale of multifamily portfolio in Santa Clara, California for $24.7 million
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 completed the sale of a 59-unit multifamily portfolio...
Stepp Commercial completes $14 million portfolio sale of 7 value-add apartment properties in Long...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $14 million portfolio sale of seven apartment assets totaling 60 units in Long Beach, California.
Principal Robert Stepp and Senior...
The Kanner Group completes $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily...
Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has completed the $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily property located at 835 W. Rosecrans...
Trion Properties sells 76-unit multifamily community in Greater Portland Metropolitan area for $21.5 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has sold The Hallwood Apartments, a multifamily community totaling 76 units in the Beaverton...
Levin Johnston directs two property sales totaling $23.45 million in the California East Bay...
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 two property sales totaling $23.45 million...
Berkadia arranges sale and financing of Arbour Court Apartments in Seattle
Berkadia announces it has arranged the sale and financing of Arbour Court, a 75-unit garden-style apartment community located in Burien, a suburb of Seattle, Wash. The property traded for $19.1 million.
Senior Managing Director Kenny...
Universe Holdings acquires second multifamily property in Ventura, California for $14.55 million
Universe Holdings has acquired Woodland Manor, a multifamily community in Ventura, Calif., in an off-market transaction for $14.55 million. Built in 1969, the property offers 38 two-bedroom, two-bath apartments in a central location in...
JLL closes $116.13 million sale of Portland high-rise apartment community
JLL announced today that it has closed the $116.13 million sale of Riva on the Park, on behalf of Barings, one of the world’s largest diversified real estate investment managers. The property is a...
$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...
