Berkadia Secures $18.9M in Financing for Multifamily Property Sterling Oaks in Chico California
Berkadia announced the financing of Sterling Oaks, a 188-unit, garden-style multifamily property in Chico, California. Managing Director Andy Ahlers of Berkadia San Francisco secured $18.9 million in financing through Fannie Mae on behalf of the...
JLL Secures $77M in Refinancing for The Schoolhouse District Premier Multifamily Community Near Seattle
JLL Capital Markets announced that it has arranged a $77 million refinancing of The Schoolhouse District, a 264-unit mid-rise multifamily community with approximately 44,800 square feet of retail in downtown Woodinville, Washington. JLL represented the borrowers,...
Security Properties Acquires SKY Sammamish Apartments in Sammamish Washington
Security Properties purchased SKY Sammamish Apartments, a 159-unit multifamily property built in 2018 and located in Sammamish, Washington, for $70,250,000. Security Properties now owns 28 assets and over 6,400 units in the Greater Seattle...
Bascom Group Acquires 249-Unit Build to Rent Multifamily Property Old River Place in Premier...
The Bascom Group, LLC ("Bascom") has acquired Old River Place, a 249-unit single family residential-style, build to rent multifamily residential property located in the highly desirable Southwest submarket of Bakersfield, California. The purchase price was...
Community Preservation Partners Announces Acquisition of Lexington Green Apartments Near San Diego
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Lexington Green Apartments, an affordable housing complex in El Cajon, California. CPP partnered with co-developer The Hampstead...
Greystar’s Largest-Ever Project, The Row at Red Hill, Opens its Doors in Southern California
With 1,100 units, four parking structures and 40,000 square feet of commercial space, The Row at Red Hill will have the distinction of being the largest mixed-use project ever built by the nation’s most...
CEDARst and Bridge Investment Group Secure Financing for the 226 Unit Multifamily Development The...
CEDARst Companies, a Chicago-based developer, and its joint venture partner Bridge Investment Group, have refinanced The Miller multifamily community, located at 500 W. Columbia Way in Vancouver, Washington with a $55,800,000 7-year fixed-rate Fannie...
EAH Housing Celebrates the Completion of Dual Phase Avena Bella Development Near Modesto
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the western United States, announced the grand opening of Avena Bella II, the second and final phase of...
South Orange County Senior Living Community Atria Newport Beach Secures $52M Refinancing Loan
Atria Newport Beach, a 168-unit senior living community located in Orange Counties Newport Beach, was refinanced with a new loan for $52 million. The property is owned by a partnership between a national REIT...
Berkeley Student Housing Project The Northside Lands $30M in Construction Money
Panoramic Interests has secured $30 million in construction financing for The Northside, a 73-unit student housing project at 1752 Shattuck in Berkeley. The Northside, now under construction, is situated in the city’s desirable Gourmet Ghetto...
MidPen Housing Hires Amy Steadman as Chief People Officer
MidPen Housing has hired Amy Steadman as Chief People Officer to lead the organization’s human resources function and overall people strategy for its team of 600 employees. Previously, Amy served as Chief Human Resources Officer...
Lee & Associates Closes $14.1M Sale of Multifamily Property Pine View Apartments in Vista...
Pine View Apartments, a 59-unit multifamily property in the North San Diego County city of Vista, sold for $14.1 mil ($239/sf). Built in multiple phases between 1964 and 1973, the same family has held...
Private Investor Closes $2.2M Sale of Orange County Multifamily Property Located in Garden Grove
An eight-unit multifamily property in Garden Grove was purchased by an OC-based private investor for $2.23 mil, or $278,.1k/unit. The recently renovated property features seven one-bedroom units and one two-bedroom unit. Built in 1960, the...
CareOregon and Columbia Pacific Celebrate Grand Opening of New Hawk’s Eye Apartments
CareOregon and Columbia Pacific Coordinated Care Organization (CCO) celebrated the grand opening of the Hawk's Eye Apartments, a milestone in a collaborative effort to address the housing crisis impacting the health and well-being of...
Institutional Property Advisors Closes $87M Mixed-Use Asset Sale Paragon at Old Town in California’s...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Paragon at Old Town, a 163-unit multifamily asset with 6,077 square feet of ground floor retail in Monrovia, California. The property sold...