BWE Secures $61 Million for the Construction of Park Center Apartments in Bakersfield
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $61,000,000 construction loan to finance the first phase of Park Center Apartments at Seven Oaks, a planned multifamily community...
Waterton Acquires Brackett Apartments in Suburban Seattle
Waterton, a national real estate investor and operator, announced it has acquired Brackett Apartments, a 386-unit garden-style apartment community in Edmonds, Washington.
“Brackett presents a rare opportunity to acquire a multifamily property in the desirable...
Canyon Partners Real Estate Provides $79.3M in Senior Bridge Loans for Two Multifamily Communities...
Canyon Partners Real Estate LLC ("Canyon") announced that it has provided two senior bridge loans to refinance two multifamily communities in Los Angeles submarkets: $41.0 million for the refinancing of SaltAire, a 132-unit property...
Class-A Multifamily Property 2121 Belmont Apartments Acquired in the Buckman Neighborhood of Portland Oregon
Fourth Avenue Capital and Range Equity Management, in a joint venture with PCCP, have acquired 2121 Belmont, a stabilized Class-A multifamily property located in the Buckman neighborhood of Portland, Oregon. With this acquisition, Fourth...
Kidder Mathews Brokers Off-Market Sale of Anchor House Apartments in Seattle
The Simon | Anderson Multifamily Team at Kidder Mathews has successfully arranged the off-market sale of Anchor House Apartments, an 18-unit waterfront property located at 2714 Fairview Avenue East in Seattle's Eastlake neighborhood.
Dylan Simon,...
EAH Housing Begins Construction for Marigold West
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the Western United States, in partnership with the St. Joseph Center, announced it has started construction for Marigold...
Northmarq Arranges $38.3M Sale and $24.9M Acquisition Financing for NOVO Apartments in Rowland Heights
Northmarq's Westlake Village Multifamily Investment Sales team led by Vince Norris, Mike Smith, Jim Fisher and Tommy Yates, in collaboration with Northmarq's Newport Beach Debt + Equity team led by Scott Botsford, Joe Giordani...
CBRE Facilitates Sale of 13-Unit Multifamily Property on Victoria Street in Costa Mesa for...
CBRE announced the sale of a 13-unit multifamily property at 553 and 555 Victoria Street in Costa Mesa, California. The transaction closed at $8.6 million, marking the highest price per unit achieved for a...
Institutional Property Advisors Expands in Northern California with New Senior Director Rob LeDoux
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced that Rob LeDoux has joined IPA as a senior director in Palo Alto, California.
“IPA has built...
Jason Cole Joins Kidder Mathews as Senior Vice President in San Fernando Valley
Commercial real estate veteran Jason Cole has joined Kidder Mathews as Senior Vice President in the firm's San Fernando Valley office.
Since beginning his career in 2005 at Charles Dunn Company, Cole has closed over...
National Equity Fund Collaborates with Community HousingWorks on Preservation of 126 Units of Unrestricted...
National Equity Fund (NEF), a leading non-profit multi-family, affordable, real estate investment manager, announced the closing of the NOVO Apartments in the Eastern Los Angeles County community of Rowland Heights. Working closely with long-time...
Newmark Group Facilitates $150.7M Sale of Ilo at Playa Vista a Trophy Mixed-Use Creative...
Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company has facilitated...
JLL Arranges $20.5M in Financing for Fontana Multifamily Portfolio Acquisition in San Bernardino County
JLL Capital Markets announced that it has secured a $20.5 million acquisition financing for Fontana Multifamily Portfolio, comprising two newly constructed apartment communities in Fontana, California.
JLL worked on behalf of the borrower, a local...
RD Olson Construction Begins Construction on $80M Residential Village Vintage Farms near Riverside
R.D. Olson Construction, a leading general contracting firm renowned for its expertise in multifamily projects, has begun the construction of the apartments on Vintage Farms, an $80M residential village in Murrieta, California.
"It's a pleasure...
Hines Pays $684k Per Unit for Silicon Valley Multifamily Asset in San Jose’s Santana...
In a Silicon Valley multifamily trade, Hines has acquired Levare, a 108-unit residential property in San Jose’s Santana Row area, for $73.9 mil ($684k/unit). The property, located at 3003 Olin Rd, south of Stevens...
