Saturday, November 23, 2024

Pacific region

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

Kōz

Cushman & Wakefield and Greystone Arrange and Provide $33M in Construction Financing for New...

Cushman & Wakefield and Greystone jointly announced the firms have arranged and provided $33 million in construction financing for the development of Kōz on West 4th Avenue, a 210-unit, six-story multifamily apartment complex coming...
Rumble Road Apartments

Joint Venture Pays $17M for Rumble Road Apartments in Modesto California

Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced that its LA North/Ventura office has brokered the acquisition of Rumble Road Apartments, a newly constructed 50-unit multifamily community located...
LuxLiv

Institutional Property Advisors Brokers Inland Empire Multifamily Asset Sale of LuxLiv in Riverside

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of LuxLiv Apartments, a 62-unit apartment property in Riverside, California. “The Inland Empire continues to experience strong employment growth in...
Katie Rodd 

Priority Capital Advisory Adds Finance Veteran Katie Rodd to Management Team

Priority Capital Advisory (PCA), a premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, has appointed industry veteran Katie Rodd to the position of Managing Director and...
Jennifer Wu

EAH Housing Appoints New CFO Jennifer Wu To Executive Team

EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the Western United States, announced the addition of Jennifer Wu to its executive leadership team as Chief Financial...
Linda Fairchild

Kidder Mathews Promotes Linda Fairchild, RPA® to EVP of Operations for Asset Services

Kidder Mathews is pleased to announce that Linda Fairchild, RPA® has been promoted to Executive Vice President of Operations for Asset Services. Linda Fairchild has over 25 years of experience in third-party property management, development,...
Dearborn Villa

Marcus & Millichap Capital Corporation Arranges $3.5M Financing for Los Angeles Multifamily Dearborn Villa...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services arranged $3.5 million for the refinancing of Dearborn Villa, a 29-unit multifamily property in Northridge,...
Chapter Madison

CRG Completes Off-Campus Student Housing Projects Chapter Madison and Chapter Eugene for 2024-2025 Academic...

CRG, a national real estate development and investment firm, announced the successful delivery of two off-campus student housing communities: Chapter Madison, neighboring the University of Wisconsin-Madison, and Chapter Eugene, near the University of Oregon....
Saltese Creek

Cushman & Wakefield Arranges Over $25M of Construction Financing for Saltese Creek, a 192-Unit...

Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to Hawkins and its partners in arranging $25.345 million of construction financing for the development of Saltese Creek, a...
The Highlands

Koto Estates Buys Los Angeles Luxury Multifamily The Highlands for $72M

Koto Estates Co., LTD bought a luxury multifamily property in Torrance, California for $71.5 million. Located in the South Bay region of Los Angeles at 25935 Rolling Hills Road, The Highlands features 121 rental...
Distressed Multifamily Portfolio

The Lynd Group Awarded Turnaround Assignment for 11,000-Unit Distressed Multifamily Portfolio

The Lynd Group, a leading multifamily real estate firm, won an assignment to turn around an $800 million, 11,000-unit The Lynd Group Awarded Turnaround Assignment for 11,000-Unit Distressed Multifamily Portfolio that became distressed due...
Porch + Park

JLL Arranges Financing on Behalf of MainStreet Property Group for Porch + Park in...

JLL Capital Markets announced that it has secured a $32.26 million refinancing loan for Porch + Park, a 106-unit luxury apartment community in the heart of Downtown Redmond, Washington. JLL represented the borrower, MainStreet Property Group...
10th and Robinson

Max Benjamin Partners Secures $16.5M Loan for the Construction of 10th and Robinson a Multifamily...

Max Benjamin Partners (MBP), a boutique real estate advisory firm that provides innovative capital solutions to developers and investors, announced that it has secured a $16.5 million loan for the construction of 10th &...
Habitat

Lendlease and Aware Super Close $316M Financing for Habitat a Culver City Mixed-Use Project

Lendlease and joint venture partner Aware Super closed on $316 million in construction funding for Habitat. Habitat, designed by SHoP Architects and Steinberg Hart, will feature a, a six-story creative office building with over 253,000...
According to a 2021 study by the University of California, Los Angeles and U.C. Berkeley, over one-third of public school employees are “rent-burdened,” meaning housing costs consume more than 30 percent of their income. The issue is particularly severe for food service workers, more than half of whom are affected.

California to turn unused school land into millions of housing units

In an effort to address a lack of housing that officials say has contributed to a shrinking teaching workforce, the California Department of Education is planning on converting undeveloped school lots into affordable housing. State...
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