Stepp Commercial completes $14.95 million sale of two adjacent apartment properties totaling 48 units...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $14.95 million off-market sale of 425 Coronado Avenue and 424 Obispo Avenue in the Belmont Heights submarket in Long...
JLL closes $98.1 million sale, financing of Seattle apartments
JLL announced today that it has closed the $98.1 million sale and arranged acquisition financing for Augusta Apartments, a 209-unit apartment community in Seattle, Washington.
JLL marketed the property on behalf of the seller, Vulcan...
Luxury apartment building in Seattle’s South Lake Union neighborhood sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Orion, a 129-unit luxury apartment asset with more than 6,000 square feet of street-level retail space in the South...
Setback in Seattle
The Washington State Supreme Court has ruled in favor of the City of Seattle and against property owners who challenged two laws intended to address unconscious bias on the part of landlords. The laws...
Stepp Commercial completes $1.7 million sale of Oak Street Bungalows in Santa Monica, CA
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $1.7 million sale of Oak Street Bungalows, a five-unit apartment property located at 2444 Oak Street in Santa Monica,...
RISE Properties Trust and Aegon Real Assets US acquire Linden Square Apartments in North...
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...
HUD reaches settlement with California housing providers accused of disability discrimination
The U.S. Department of Housing and Urban Development announced today that it has reached a Conciliation/Voluntary Compliance Agreement with housing providers in San Diego, Sacramento and Oceanside, CA, settling allegations that they violated the...
Avison Young completes $16.76-million portfolio sale of two value-add apartment properties totaling 72 units...
Avison Young, the world’s fastest-growing commercial real estate services firm, announced today it has completed the $16.76-million portfolio sale of The Riviera and Rainbow Gardens, two nearby apartment properties totaling 72 units in Azusa,...
Stepp Commercial completes $4.05 million sale of The Suites on Lincoln in Santa Monica,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.05 million sale of The Suites on Lincoln, located at 911 Lincoln Boulevard, just south of stylish Montana Avenue...
Trion Properties successfully sells two upgraded west coast multifamily assets totaling 108 units
Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments along the west coast, recently sold two renovated multifamily communities totaling 108 units in Los Angeles, California, and Beaverton, Oregon,...
Molly Turner elected to Bridge Housing Board of Directors
Molly Turner has been elected to the Board of Directors of BRIDGE Housing, a leading nonprofit developer, owner and manager of affordable housing.
Turner, an expert on technology startups and cities, is a lecturer at...
Mesa West Capital originates $40.875 million loan for multifamily acquisition in Henderson NV
Mesa West Capital has provided The ConAm Group with $40.875 million in short-term, first mortgage debt for the acquisition and repositioning of South Valley Ranch Apartments in the Las Vegas submarket of Henderson, NV.
South...
Levin Johnston successfully directs over $360 million in 1031 exchange transactions this year to...
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, recently directed the sale of a mixed-use property featuring...
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...
Gelt, Inc. acquires Timber Lodge, a 390-unit value-add apartment community, for $61 million in...
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, announced today it has acquired Timber Lodge for $61 million. The 390-unit value-add apartment community is located about nine miles from downtown...
