Thursday, May 2, 2024

Pacific region

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

366 Walnut Avenue

Stepp Commercial completes $3.55 million sale of 11-unit apartment property in coveted Alamitos Beach...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.55 million sale of an 11-unit apartment property located at 366 Walnut Avenue in the Alamitos Beach submarket of...
4118 Elm Avenue

Stepp Commercial completes $6.64 million sale of a 22-unit apartment property in Bixby Knolls...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.64 million sale of a value-add 22-unit apartment property located at 4114 to 4118 Elm Avenue in the Bixby...

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...
Park Plaza

Levin Johnston completes $23 million sale of multifamily community in Bay Area submarket of...

Levin Johnston of Marcus & Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully represented the buyer and the seller, both...
Terraces at La Cienega

Developer buys $29 million trophy value-add property near Sunset Strip in West Hollywood

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Terraces at La Cienega, a 42-unit apartment property located just steps from the world-famous Sunset Strip in West Hollywood, California. Paul...
Preserve at Sunnyside

Apartments in sought-after Portland submarket purchased for $28.2 million

JLL Capital Markets announced it closed the $28.2 million sale of the Preserve at Sunnyside, a 108-unit value-add multihousing community located in the sought-after Clacakamas submarket of Portland, Oregon. JLL marketed the property exclusively on...

Proposition 10: It can get worse

Proposition 10 will be on California’s November’s ballot. Its passage would mean repealing the 1995 Costa-Hawkins Act, a state law that severely restricts rent control in California cities. The effect of rent control is...
907-927 Grand Avenue

Stepp Commercial completes $4.375 million sale of a 13-unit apartment property in Eastside Long...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.375 million sale of a 13-unit apartment property located at 907-927 Grand Avenue in the Eastside submarket of Long...

KTGY Architecture + Planning garners top honors at 2018 BIA Bay Area Excellence in...

The Oakland office of KTGY Architecture + Planning was honored at the 2018 Building Industry Association (BIA) of the Bay Area’s Excellence in Home Building Awards program held on Friday evening, April 20, 2018,...

BizFed earthquake preparedness seminars to focus on creating a safer Los Angeles County

A series of earthquake preparedness seminars focused on creating a safer Los Angeles County has been announced by the Los Angeles County Business Federation (BizFed). In the aftermath of this summer's 7.1 earthquake in Ridgecrest and...

Building lures

The changes are backed by the building industry but have drawn protests from advocates for low-income tenants. “It’s a race to the bottom,” said Darryl Rutherford, executive director of the Sacramento Housing Alliance. Mixed-income, or inclusionary...
411 Euclid

Marcus & Millichap arranges the sale of 411 Euclid in Oakland, California

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 411 Euclid, a 13-unit apartment property located in Oakland, CA, according...
Bentley House

Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington. “Seattle’s Eastside is experiencing the largest job growth in the region with...

San Francisco celebrates renewal of 255 Woodside

City and County officials will join Mission Economic Development Agency (MEDA) and BRIDGE Housing at 12:00 noon today to celebrate the renewal of 255 Woodside, a 109-unit affordable rental community for seniors and residents...
453 S. Gramercy Place

14-unit multifamily building trades for record price per SF during safer-at-home order

Transwestern Real Estate Services (TRS) announces it has brokered the sale of 453 S. Gramercy Place, a newly renovated, 14-unit multifamily building in the Koreatown submarket of Los Angeles. Managing Directors Josh Kaplan and...
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