Levin Johnston directs sale of transit-oriented multifamily property in downtown San Jose
Levin Johnston, a division of Marcus & Millichap and one of the top ten multifamily brokerage teams in the U.S., has directed the $12.5 million sale of First Street Manor, a 39-unit multifamily community...
Brice W. Head rejoins Marcus & Millichap as senior vice president investments
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced that Brice W. Head has rejoined the firm as a senior vice president investments...
$53 million North Seattle multifamily asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Origin Apartments, a seven-story, 153-unit multifamily asset in Seattle. The property sold for $53 million, which equates to $346,405 per...
Model homes at new Chula Vista community now complete, grand opening set for June...
San Diego-based Pathfinder Partners, LLC – which specializes in opportunistic real estate investments – and homebuilder Lanshire Housing Partners, LLC have recently completed construction on the model homes at Bahia Vista II, a new...
San Francisco celebrates renewal of 255 Woodside
City and County officials will join Mission Economic Development Agency (MEDA) and BRIDGE Housing at 12:00 noon today to celebrate the renewal of 255 Woodside, a 109-unit affordable rental community for seniors and residents...
Announcing Uptown Apartments at Kirkland Urban
Kirkland Urban co-developers Talon Private Capital and Ryan Companies US Inc., announced today the naming of the residential portion of the Kirkland Urban project, to be known as ‘Uptown’. The redevelopment site, historically known...
The grandest of urban experiments
San Francisco has a housing problem.
Among other challenges, tech has overtaken the City and exacerbated a housing shortage that was already one of the worst in the country. The parallel problems of an epidemic...
Yardi a sponsor, exhibitor and presenter at 2018 Argentum Conference
Yardi is again a sponsor, exhibitor and presenter at the Argentum Senior Living Executive Conference, where attendees explore the latest big ideas and challenges for the senior living space. The event is set for...
$161.9 million multifamily portfolio in Los Angeles county sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of an eight-property, 644-unit multifamily property portfolio in Los Angeles County, California. The sales price is $161,914,700.
“We generated 130 offers and...
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...