Stepp Commercial completes $4.38 million sale of 1316-1322 Third Street in Long Beach, CA
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.38 million sale of 1316-1322 E. 3rd Street in the desirable Alamitos Beach neighborhood of Long Beach, CA....
JLL raises $335.6 million in capital for Bay Area mixed-use project
JLL announced today that it has raised capital totaling $335.6 million for the development of Gateway at Millbrae Station, a transit-oriented, mixed-use residential and office property adjacent to the Millbrae BART and Caltrain Stations...
Levin Johnston transacts $40.5 million multifamily acquisition in Mountain View, California
Levin Johnston of Marcus and Millichap, correctly advised its client, a private buyer, to offer $40,500,000 to be selected as the successful bidder in the acquisition of a multifamily townhome property located in one...
Mesa West Capital funds $52 million loan for acquisition of Seattle multifamily community
Mesa West Capital has provided the joint venture of Rise Properties Trust and Cigna Investment Management with $52 million in first mortgage debt for the acquisition and repositioning of a 131-unit multifamily building in...
Parkview Financial provides $7 million loan for the land acquisition and development of a...
Parkview Financial announced it has provided a $7 million loan to San Francisco-based India & Beech, LLC for the acquisition of a land parcel and first phase of construction funding for a high-rise residential/retail...
Marcus & Millichap’s Institutional Property Advisors division closes San Francisco Bay Area mixed-use asset...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Village Residences, a 330-unit luxury multifamily complex with 43,206 square feet of ground-floor retail in Mountain View, California.
“Located...
Stepp Commercial completes $6.75 million sale of Rolling Hills Gardens Apartments, in Lomita, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.75 million sale of Rolling Hills Gardens Apartments, a 24-unit apartment building located at 25925 Viana Avenue, adjacent to...
TMG Partners names Patrick McCarthy partner
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and its wholly owned subsidiary PKN Manager LLC, today announces Patrick McCarthy has joined the firms as Partner.
“Patrick will be an asset...
$58.5 million rare Santa Monica multifamily asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Pico Lanai Apartments, a 174-unit apartment complex in Santa Monica, California. The property sold for $58,550,000, which equates to...
Cityview sells Los Angeles Opportunity Zone project to Virtu Investments, LLC for $70.5 million
Cityview, a premier urban multifamily investment management and development firm, today announced the sale of Mira, a 174-unit multifamily community in the San Fernando Valley Region of Los Angeles. An opportunity zone deal, Cityview...
Affirmed Housing grand opens 160 affordable apartment homes in San Diego
Affirmed Housing will host a Grand Opening celebration for Stella and Bluewater, two new affordable housing communities located in the Grantville community of San Diego. Located at 6121 Fairmount Avenue, the 9:30am Grand Opening...
RISE Properties Trust acquires Salix Juanita Village Apartments in Kirkland, Washington
RISE Properties Trust (“RISE”) a Canadian real estate trust, with operations based in Seattle, today announced their purchase of Salix Juanita Village in Kirkland, Washington for $101,500,000. The transaction was brokered by JLL.
Jason Murray,...
Infographic: Unplugged in California
2 million residents were without power for days at a time in the state’s outages
6,402 wildfires in Calif. as of Nov. 3. Wind-induced fire season runs Oct. to April. Summer fire season runs June...
RISE Properties Trust and Aegon Real Assets US acquire two more assets in Seattle...
RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary of Aegon N.V., a multinational life insurance, pensions and asset...
The George Besaw Apartment mixed-use building in Portland, Ore. sells for $23.625 million
Kidder Mathews is pleased to announce the sale of The George Besaw for $23,625,000. The 51-unit, apartment / mixed-use building is located at 2323 NW Savier Street in Portland, Oregon. Kidder Mathews’ team of...
