Levin Johnston directs $24.25 million trade of 73-unit multifamily community in Pleasanton, California
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 directed the $24.25 million trade of Vista Del...
Legacy Partners and AIG joint venture close on Hayward development site
Legacy Partners (Legacy), a privately owned national real estate firm, in a joint venture with American International Group, Inc., announced today the acquisition of a 1.78-acre development site located at 28168 Mission Boulevard in...
TMG Partners and KKR acquire 1221 City Center in Downtown Oakland
TMG Partners, one of the Bay Area’s largest mixed-use property developers, and KKR, a leading global investment firm, announced today the purchase of 1221 City Center in Downtown Oakland, California. The purchase is the...
World’s largest dorm-style co-living
The nearly 800-unit building, set to break ground early next year, is the latest project to embrace co-living—a dorm-like set-up where residents sleep in small private bedrooms and share common spaces, as a way...
Unconstitutional tenant relocation scheme hurts families, housing
When the Air Force assigned Lyndsey and Sharon Ballinger to Washington, D.C., in 2015, the Ballingers kept their Oakland, California, house and rented it out on a month-to-month lease so they could move back....
Legacy Partners hires former Greystar Managing Director Deanna O’Brien as SVP of Operations
Legacy Partners (Legacy), a privately owned national real estate firm, announced today the hiring of former Greystar Managing Director Deanna O’Brien as Senior Vice President of Operations. O’Brien will be responsible for overseeing Legacy’s...
Retreat Senior Living LLC and the Brothers of St. Patrick join forces on new...
Retreat Senior Living LLC is pleased to announce that it has entered into a long-term ground lease with the Brothers of St. Patrick to own and operate an 88-unit active lifestyle community for those...
R.D. Olson Construction commences $30 million renovation for Atria Senior Living
R.D. Olson Construction, an award-winning general contracting firm in California, began construction on Newport Terrace Senior Living for Atria Senior Living in Newport Beach. The 120,000-square-foot assisted living community will be comprised of two...
Cityview announces opening of The Pearl on Wilshire in Koreatown
Cityview, a premier urban multifamily investment management and development firm, today announced the opening of The Pearl on Wilshire, a luxury mixed-use development featuring 346 apartment homes with a blend of studio, one- and...
Levin Johnston directs $16.8 million multifamily acquisition in Palo Alto, California
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 directed the $16.8 million acquisition of a multifamily...
Decron Properties acquires Silicon Valley apartment community for $84.6 MM, boosting investment activity for...
Decron Properties has acquired Willow Creek, a 208-unit multifamily community in San Jose, CA for $84.6 million, increasing its annual investment activity for the year to a record $345 million.
Decron's other 2018 acquisitions include...
IPA sells Vue Hollywood for $45 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Vue Hollywood, a 92-unit non-rent-controlled apartment building in Hollywood, California. The sales price is $45,018,000, which equates to $489,326...
Diana Longoria joins Sudberry Properties as vice president/asset management – residential
Sudberry Properties, which has developed approximately 10 million square feet of commercial property with a market value exceeding $2.5 billion, has appointed Diana Longoria vice president/asset management – residential. A highly regarded asset manager,...
Legacy Partners announces grand opening of The Triangle in downtown Redmond
Legacy Partners (Legacy), a privately owned national real estate firm, announced today the grand opening of The Triangle, a six-story, 195-unit apartment community at 16450 Redmond Way in Downtown Redmond.
Located on a triangular lot...
In a critical victory for the multifamily industry, California voters defeat Prop 10
Statement from National Multifamily Housing Council (NMHC) CEO Doug Bibby on California Ballot Initiative Proposition 10:
“California voters sent a resounding message yesterday that rent control is not the answer to solving the housing affordability...
