Benjamin Kochalski joins TMG Partners as regional partner
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, will be opening a Silicon Valley office and expanding the team with industry veteran Benjamin Kochalski, formerly of the John Buck Company...
19-unit apartment building in prime Costa Mesa location sells for $7.2M
19@18th, a 19-unit apartment building in Costa Mesa, California, has sold for $7,200,000. The seller, 18th Street Partners, a local private investment group, was represented in the transaction by Kidder Mathews’ multifamily investment brokers,...
Universe Holdings tabs Jonathan Cohen as Chief Operating Officer
Universe Holdings has announced that veteran commercial real estate professional Jonathan Cohen has joined the firm as Chief Operating Officer to help oversee the firm’s growth and national expansion.
Cohen brings a strong 30-year record...
TruAmerica acquires multifamily communities in Denver and Orlando in separate transactions totaling $126 million
TruAmerica Multifamily has acquired in separate transactions, Loretto Heights, a 312-unit apartment community in Denver, CO for $72.25 million and Legends at Lake Mary, a 272-unit apartment community in Orlando, FL for $54 million.
Following...
NMHC and NAA Statements on the Passage of Oregon Rent Control Legislation
Today, the Oregon State House passed SB 608, a bill that creates a new statewide rent control law. The measure now goes to Governor Kate Brown’s desk.
Following is a statement from Doug Bibby, President...
Levin Johnston directs two property sales totaling $23.45 million in the California East Bay...
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 two property sales totaling $23.45 million...
Trion Properties sells 97-unit multifamily community in San Diego, California
Trion Properties, a private equity real estate firm that specializes in multifamily investments, has sold Willow Glen Apartments, a 97-unit multifamily community located in the rapidly growing Rolando/College Area submarket of San Diego, California,...
North County San Diego apartment asset trades at $19.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa Capri, a 98-unit multifamily property in Escondido, California. The sales price is $19.5 million.
“The property is a well-maintained apartment...
Lakeview Land Partners purchases 34 Units Near UC Berkeley
Lakeview Land Partners, an Oakland based multifamily housing investment company has purchased The Bishop Berkeley Apartments, a 34-unit apartment complex located at 2709 Dwight Way in Berkeley CA.
The Bishop Berkeley Apartments are located at...
Northern California seniors housing asset sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Almond Heights Senior Living, a 117-unit assisted living and memory care facility in Orangevale, California.
“Opened in September 2015, Almond...
Levin Johnston directs two property sales totaling $19.88 million in the 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 two multifamily property sales totaling $19.88...
MBK Rental Living and R.D. Olson construction team up on 330-unit luxury apartment project...
MBK Rental Living and R.D. Olson Construction announce the groundbreaking of Artesa at Menifee Town Center, a Spanish mission-style apartment community located in the heart of Menifee. Offering urban-style living in a small-town setting, the...
Oregon likely to become first in the nation to adopt statewide rent control
As home and rental prices rise across the country, more and more locales are giving serious consideration to a policy long denounced by economists: rent control. That includes Oregon, which increasingly looks likely to...
TMG Partners and Invesco Real Estate acquire 600 Battery Street in San Francisco
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announce the acquisition of 600 Battery Street, an approximately 120,000-square-foot historic building...
Universe Holdings continues buying spree in Inglewood with acquisition of its ninth multifamily community
Universe Holdings has acquired a 15-unit multifamily community in Inglewood, Calif., for $3.8 million.
Chateau Park Casino Royale V is the firm’s ninth acquisition in the past four years in the Los Angeles submarket that...
