Levin Johnston creates win-win for buyer and seller with $15 million multifamily asset trade...
Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the $15 million sale of Velocity at Sequoia Station, a 30-unit multifamily community in Redwood City. Levin Johnston represented both...
New lawsuit in Seattle: Housing ordinance is unfair and unconstitutional
Seattle’s Fair Chance Housing Ordinance, passed by city council in 2017, forbids landlords from considering applicants’ criminal histories when selecting tenants. In other words, landlords cannot base a rental decision on concerns over their...
Seattle to appeal rejection of first-in-time law
The Seattle Times reports that Seattle City Attorney Pete Holmes will appeal the ruling which declared the city's first-in-time, first-in-line renter protection law to be unconstitutional. Holmes filed a notice of appeal directly with...
SALT, sanctuary and rent control, oh my
Fast five facts on the state of California California has the nation’s highest income tax rates, topping out at 13.3 percent of taxable income (SALT=state and local tax). California depends on those taxes for 70 percent...
Granada Hills Townhomes trade hands at $21.5 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Granada Pointe Townhomes, a 52-residence multifamily asset in the Granada...
Calmwater Capital originates $28.5 million for housing near USC
Calmwater Capital, a leading national direct real estate lender, has provided $28.525 million in senior debt to an affiliate of Champion Realty Ltd, a borrowing entity owned and controlled by Bob Champion, Parker Champion...
KTGY Architecture + Planning garners top honors at 2018 BIA Bay Area Excellence in...
The Oakland office of KTGY Architecture + Planning was honored at the 2018 Building Industry Association (BIA) of the Bay Area’s Excellence in Home Building Awards program held on Friday evening, April 20, 2018,...
WASH upgrades common-area laundry rooms with PayRange Mobile Payment
PayRange Inc., maker of the leading in-app mobile payment service for automated retail, announces that WASH Multifamily Laundry Systems (WASH)—which has more than 7 million people doing their laundry in a WASH laundry room every week...
Jamie Gorski to join RENTCafé on stage at AIM Conference
RENTCafé will lead a sponsored session focused on marketing automation for property management at the Apartment Internet Marketing Conference (AIM Conference®) in Huntington Beach this May. Esther Bonardi, vice president of marketing at Yardi®,...
Yardi acquires coworking technology firm Phoenix Broadband Ltd.
Yardi announced today the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces. Based in Stirling, Scotland, Phoenix Broadband is known for its Medusabusiness brand....
Levin Johnston directs rare multifamily trade in highly-coveted Palo Alto market
Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the sale of Villa Sierra Apartments, a multifamily community located in the ultra-exclusive Palo Alto market. Levin Johnston represented both...
Wag! and Greystar bring on-demand dog walking and sitting to six Los Angeles apartment...
Wag!, the country’s largest on-demand mobile dog walking and dog care app, today announced that it will provide its services and custom amenities to residents of six Los Angeles apartment communities managed by Greystar. This alliance...
What Friday’s U.S. jobs report means: Interest rates, GDP, and labor force participation
Two economists from California made the following comments regarding this coming Friday’s U.S. Bureau of Labor Statistics’ non-farm payrolls employment report for March: Robert Eyler, Board Member of Redwood Credit Union and Economist at Sonoma...
Marcus & Millichap Capital Corp.’s proprietary lending partnerships deliver over $850 million
Marcus & Millichap today announced that its financing subsidiary, Marcus & Millichap Capital Corp. (MMCC), completed over 160 agency financing transactions valued at more than $850 million, between September 2016 and March 2018, through...
Seattle’s first in time law struck down
On March 30, a King County Superior Court judge ruled that Seattle's law requiring that landlords take on tenants on a first in time, first in line (FIT) basis violates the Washington State constitution. Seattle's...
