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...
Partner Valuation Advisors Adds Leader for The West Region
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continues its strategic expansion by adding Phillip Hanshew, MAI, as Managing Director in San Francisco. Mr. Hanshew will lead Partner’s market growth efforts...
$13.1 million in refinancing secured for San Diego multihousing project
JLL Capital Markets announced that it has arranged $13.1 million in the permanent refinance of Blend-SD, a 54-unit, urban-coastal multihousing community located in the Linda Vista neighborhood of San Diego, California.
JLL represented the borrower,...
Fore Property announces opening of The Revere in Portland, Oregon
Fore Property (‘Fore’), one of the country’s top 20 largest multifamily developers, today announced the formal opening of The Revere. An urban infill development located at 3309 N. Mississippi Street, The Revere offers an...
Palo Alto broker named top U.S. multifamily agent
Adam Levin, Senior Managing Director of Levin Johnston, has earned the award for top U.S. multifamily broker within Marcus & Millichap, a firm comprised of more than 1,700 professionals and 80 offices across the...
Stepp Commercial completes $3.5 million sale of Vanowen Collection, an 18-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.5 million sale of Vanowen Collection, an 18-unit apartment property located at 12715 to 12719 Vanowen Street in North...
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...
Gelt, Inc. acquires a 149-unit apartment property in Studio City, California for $76 million
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Avalon Studio 4121, a 149-unit value-add apartment property located at 4041-4121 Radford Avenue in Studio...
IPA sells Vue Hollywood for $45 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Vue Hollywood, a 92-unit non-rent-controlled apartment building in Hollywood, California. The sales price is $45,018,000, which equates to $489,326...
Parkview Financial provides $16.6 million construction loan for development of 39-unit apartment community near...
Parkview Financial announced it has provided a $16.6 million construction loan to Los Angeles-based Janone Development, for the development of a six-story, 39-unit apartment project at 1100 – 1110 S. Hobart Boulevard in Los...
Stepp Commercial completes $3.05 million sale of 8-unit apartment property in Long Beach, CA
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.05 million sale of an 8-unit apartment property located at 315 Cherry Avenue, in the prime Alamitos Beach neighborhood...
JLL Arranged the $79M Refinancing for Marina Square Luxury Waterfront Apartments in Bremerton Near...
JLL announced that it has arranged the $79 million refinancing of Marina Square, a 270-unit, newly built, luxury apartment community located on the Puget Sound waterfront in Bremerton, Washington.
JLL represented the borrower, Sound West...
JLL Spark acquires SaaS-based real estate asset management company Stessa
JLL Spark, a division of JLL, today announced its acquisition of Stessa, a software-as-a-service (SaaS)-based real estate technology platform that allows investors in income properties to easily and cost-effectively track, manage and communicate the...
Gortikov Capital arranges $141.4 million recapitalization for affordable multifamily portfolio in Santa Monica, California
Gortikov Capital announced that it has arranged a $141.4 million recapitalization of the Samo Apartments Portfolio, an 11-property, 399-unit affordable multifamily residential portfolio located in Santa Monica, California. The recapitalization included a $127.6 million...
Shopoff Realty Investments moves ahead with $90 million luxury condominium community in Newport Beach
Shopoff Realty Investments, a national real estate and investment firm based in Irvine, announced details of a $90 million luxury condominium community coming to Newport Beach as part of its $1.25 billion master-planned development,...
