Decron Properties acquires multifamily community in Woodland Hills, CA for $79 million
Decron Properties has made its first investment in Los Angeles County since 2010 by acquiring Alura, a 250-unit multifamily property in Woodland Hills, CA for $79 million.
Alura is located in the heart of Woodland...
Stepp Commercial completes $10.75 million sale of Shoreland Plaza, a trophy apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.75 million sale of Shoreland Plaza Apartments, a 20-unit apartment property in prime Santa Monica near the cross streets...
JLL closes $116.13 million sale of Portland high-rise apartment community
JLL announced today that it has closed the $116.13 million sale of Riva on the Park, on behalf of Barings, one of the world’s largest diversified real estate investment managers. The property is a...
Vista’s Breeze Hill multifamily community now complete
Construction is now complete on Breeze Hill Apartments—a fully amenitized 88-unit luxury multifamily community in Vista, Calif.—with San Diego-based Sunrise Management overseeing all marketing/branding, leasing and day-to-day operations. The rental community, owned and developed...
Decron Properties acquires multifamily property in Seattle, Washington for $78.750 million.
Decron Properties made its second significant investment in the Seattle MSA within the past 10 months with its acquisition of a 302-unit multifamily community in the Seattle submarket of Kent, Washington for $78,750,000.
The purchase...
Levin Johnston directs two property trades totaling $28.6 million in California Bay Area
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, has successfully directed the acquisition of a newly renovated...
Fore Property announces sale of Rivage Residential Community in Portland metro area
Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the sale of Rivage, a 260-unit apartment community in Portland, Oregon, to Magnolia Capital.
Rivage was stabilized at the time of...
California Legislature passes rent cap bill
A statewide bill that caps rents was passed by the California Assembly on Wednesday and now heads to Gov. Gavin Newsom’s desk for approval. The Senate had already passed AB 1482 earlier in the...
Mill Creek announces groundbreaking of Modera Lake Merritt
Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., announced the groundbreaking of Modera Lake Merritt, a luxury mixed-use community in Oakland’s thriving Uptown neighborhood.
Situated one...
Passco Companies and Avenida Partners break ground on two active seniors developments
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has collaborated with Avenida Partners, a real estate firm focused on the...
Wood Partners announces grand opening of Alta Waverly in Oakland, California
Wood Partners, a national leader in multifamily real estate development and acquisition, announced the grand opening of its newest luxury residential community—Alta Waverly—in Oakland, California.
Providing brand new and contemporary living with street-level retail in...
Cushman & Wakefield represents Air Force Village West, Inc. in $58 million sale of...
Cushman & Wakefield has negotiated the sale of Altavita Village, California’s third-largest senior living community.
The Tampa-based Cushman & Wakefield Senior Housing team of David Kliewer, Paul Carr and Allen McMurtry, in partnership with the San Diego-based team of David Rothschild and Mary Christian,...
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...
Knighthead Funding provides $29.85 million financing for two apartment properties in Seattle, WA
Knighthead Funding LLC, has originated two separate loans totaling $29.85 million in first mortgage debt secured by a micro-unit rental property in the Roosevelt neighborhood and a student housing property located near the University...
JLL closes sale of suburban Portland apartments
JLL announced today that it has closed the sale of Avana Orenco Station, a 264-unit, garden-style multihousing community in Hillsboro, Oregon.
JLL marketed the property on behalf of Greystar and procured the buyer, Jackson Square...
