MAG continues its rapid growth with industry veteran Marcelino “Tito” Estrada as regional vice...
Multifamily Ancillary Group (MAG), the industry leader in revenue-generating ancillary services for multifamily owners and managers, has continued its momentum announcing the addition of Marcelino “Tito” Estrada as its Regional Vice President.
Estrada brings more...
The Wolff Company announces plans to develop new senior living community in Hillsboro
The Wolff Company—a Scottsdale-based private equity firm and senior living developer—will break ground later this year on Revel AmberGlen, a new independent living apartment community in the Tualatin Valley on the west side of...
Highly-anticipated mixed-use project in the Inland Empire is officially complete
The Metro, a highly-anticipated mixed-use development in the center of the Main Street Corridor right off Highway 91 in Corona, California, has begun its final phase of leasing apartments. As a joint development between...
Marcus & Millichap opens new Southern California office
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, is expanding its presence in Southern California with a new office in El Segundo, according...
Palo Alto broker named top U.S. multifamily agent
Adam Levin, Senior Managing Director of Levin Johnston, has earned the award for top U.S. multifamily broker within Marcus & Millichap, a firm comprised of more than 1,700 professionals and 80 offices across the...
IPA brokers record-setting multifamily sale in Ventura
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Via Ventura, a 192-unit apartment complex in Ventura, California. The property sold for $74 million, which equates to $385,417 per...
Jeremy Agraz joins KTGY as national development director
International award-winning KTGY Architecture + Planning has named Jeremy Agraz as national development director, CEO Tricia Esser announced today.
“We’re excited to welcome Jeremy Agraz to this national development role, confident that his passion for...
Morgan opens luxury Pearl La Floresta in California
MORGAN, a leader in upscale multifamily development, construction and property management, has opened and started leasing Pearl La Floresta in Orange County, California. The five-story midrise, MORGAN's latest luxury apartment community in its portfolio...
San Fernando Valley apartment complex trades hands at $45 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cielo Apartments, a 119-unit multifamily property in Chatsworth, California. The $45 million sales price equates to more than $378,000 per...
Wind at our back
The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that would incentivize Americans to become homeowners.
“This is definitely a tailwind...
The push for rent control
In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...
Solar: At what cost?
Finding cheaper sources of power is a no-brainer in any circle. Many in the solar business have learned that to get communities, investors and utilities on board, the conversation must center on economics.
And so...
$20.5 million buys Tucson value-add multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of River Oaks Apartments, a 300-unit apartment complex in Tucson, Arizona. The $20.5 million sales price equates to $68,333 per unit.
“The...
California’s answer to its housing crisis
With high demand on top of inadequate supply, the meaning of “affordable” in the most desirable locations can be difficult to gauge. According to the U.S. Department of Housing and Urban Development (HUD) definition,...
Rent control raises housing costs
A new paper analyzes the effects of rent control expansion in the city and finds that it reduced rental housing supply, causing a city wide-rent increase.
People are understandably worried about the cost of living,...
