Wednesday, January 29, 2020

Tag: California

Sterling Pointe

Ridge Capital Investors joint venture acquires apartment property in suburban Sacramento, CA

Ridge Capital Investors, LLC and Contrarian Capital Management, LLC have acquired a 250-unit, suburban Sacramento, CA apartment community for $33 million. Sterling Pointe, located at...
David Feinberg

Sack Properties promotes David Feinberg to chief investment officer

Sack Properties (Sack), a San Francisco-based real estate investment and management firm with a $750 million portfolio of nearly 2,500 multifamily units throughout the...
nVe at Fairfax

Luxury West Hollywood apartment building sold by Institutional Property Advisors for $36 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of nVe at Fairfax, a luxury boutique multifamily building in Los...
Guardian Arms Apartments

Institutional Property Advisors sells $26.2 million multifamily asset on Hollywood Boulevard in Los Angeles

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Guardian Arms Apartments, a 101-unit multifamily asset with 9,207...
Rockvale Apartments

Avison Young completes $7.5 million sale of 34-unit apartment property in Azusa, CA

Avison Young announced today the $7.5 million sale of Rockvale Apartments, a 34-unit, multifamily property located at 333 N. Rockvale Avenue in Azusa, CA...
The Pearl on Wilshire

Institutional Property Advisors closes luxury mixed-use asset sale in LA’s Koreatown

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pearl on Wilshire, a seven-story, 346-unit multifamily property with 7,813 square feet of retail on...

California REALTORS urge legislature to act swiftly on SB 50 before January 31 deadline

The California Association of Realtors (CAR) issued the following statement on Sen. Scott Wiener’s Senate Bill 50, which would help address the state’s urgent housing shortage...
Monterra Ridge Apartments

$62.5 million Santa Clarita Valley of Los Angeles multifamily asset sold by Institutional Property...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Monterra Ridge Apartments, a 232-unit apartment property in the...
Park Plaza

Levin Johnston completes $23 million sale of multifamily community in Bay Area submarket of...

Levin Johnston of Marcus & Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate...
Waterscape Apartments

JLL secures $34.5 million loan for new multihousing investment platform

JLL announced today that it has secured $34.5 million in financing for Waterscape Apartments, a 180-unit, garden-style apartment community in Fairfield, California. JLL worked on...
The Pearl on Wilshire

Cityview sells equity share of Koreatown’s “The Pearl on Wilshire” to a group led...

Cityview, a premier urban multifamily investment management and development firm, today announced the sale of its equity share of The Pearl on Wilshire—a luxury...
Baker Block Exterior

Cityview sells Costa Mesa multifamily property for record-setting price

Cityview, a premier investment management and development firm dedicated to redefining urban living, today announced the sale of Baker Block, a 240-unit multifamily property...
The Summit at La Crescenta

Institutional Property Advisors brokers North Los Angeles county multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Summit at La Crescenta, a 92-unit apartment complex...

CGI Strategies starts construction on third Koreatown multifamily development

Real estate investment and development firm CGI Strategies has started construction on a 200-unit apartment community at 837 S. Fedora in the heart of...
Gramercy Hollywood

Stepp Commercial completes $10.7 million sale of Gramercy Hollywood a 28-unit apartment property in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.7 million sale of Gramercy Hollywood, a 28-unit apartment...

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