Tag: California

Marc Garcia

Alta Housing strengthens management team with hire of Marc Garcia as CFO

Alta Housing, a community-based, affordable housing developer, announces the hiring of Marc Garcia as Chief Financial Officer. Garcia has two decades of financial and...
Villa Valentino

Universe Holdings acquires historic multifamily community in Hollywood for $6.9 million

Universe Holdings has acquired, Villa Valentino, an historic 18-unit multifamily community in Hollywood, CA for $6.9 million. Built in 1926, the property at 2000 N....
821 S. Gramercy Drive

Stepp Commercial completes $2.85 million sale of a 9-unit value-add apartment property in Koreatown...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.85 million sale of a nine-unit apartment property located...

Commercial property owner sues L.A. County over eviction ban

The owner of a commercial building filed a lawsuit challenging Los Angeles County’s moratorium on commercial evictions. The lawsuit is the first to challenge a commercial...
Paul Klink

Kidder Mathews creates client services role, appoints veteran CRE professional Paul Klink

Kidder Mathews, the largest independently owned commercial real estate firm on the West Coast, has promoted Paul Klink to President of its new Client...
Bedford Apartments

TOC zoned multifamily property in Pico Robertson neighborhood sells for $5.2 million

The Bedford Apartments, a multifamily land redevelopment property, located at 1442-1446 S. Bedford Street in Los Angeles, California, has been purchased by Trion Properties,...
Terraces at Highland Reserve

Davlyn Investments acquires Roseville apartment community

Davlyn Investments, a prominent California multifamily investment firm, recently closed escrow on the $95,000,000 purchase of “The Terraces at Highland Reserve,” a 273-unit, luxury,...

The fight over rental control is not over

Voters in California rejected a measure on November 3, 2020, that would have overturned a hard-fought compromise over rent control in one of the...
Twin Palms

Stepp Commercial completes $9.8 million acquisition of Twin Palms, a 17-unit apartment property in...

Stepp Commercial has completed the $9.8 million acquisition of Twin Palms, a 17-unit apartment property located at 136 Cliff Drive and 145 Cedar Way...
Bella Pointe Apartments

Trion Properties bolsters Northern California portfolio with acquisition of Bella Pointe apartments in Sacramento

Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, with equity partner Walker & Dunlop, has acquired...
Solare Apartments

Marcus & Millichap closes $63.75 million multifamily asset sale in Greater Los Angeles

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Solare...
1066 Coronado Avenue

Stepp Commercial completes $2.4 million sale of 8-unit apartment property in Eastside Submarket of...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $2.4 million sale of an eight-unit apartment property...
26-989 Las Posas Monument

Raintree Partners acquires portfolio of five Southern California multifamily properties totaling 551 units for...

Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling...
Cascades Village

Avanath Capital Management acquires two affordable housing communities totaling 209 units in Sterling, Virginia...

Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of...
1100 – 1110 S. Hobart Boulevard

Parkview Financial provides $16.6 million construction loan for development of 39-unit apartment community near...

Parkview Financial announced it has provided a $16.6 million construction loan to Los Angeles-based Janone Development, for the development of a six-story, 39-unit apartment...

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