Wednesday, May 8, 2024

Tag: California

California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.

The Independent

Multihousing asset in coastal California secures $13.1 million in financing

JLL Capital Markets announced that it has closed the $13.1 million acquisition financing for The Independent, a Class A, 61-unit multihousing asset located in...
justice for renters act rent control

California rent control – round 3?

A new rent control initiative, titled the Justice for Renters Act, has been cleared by the California Attorney General to begin the process of...
The Glendon Apartments

The Kanner Group completes $11.55 million sale of The Glendon Apartments, a 27-unit trophy...

Matthew Kanner, Executive Managing Director of Keller Williams Commercial & President of The Kanner Group, is pleased to announce the completion of the $11,550,000 sale...
Wildomar Senior

The Mogharebi Group brokers $28.5 million sale of 284-unit senior-living community in California’s Inland...

The Mogharebi Group (TMG) has arranged the sale of Wildomar Senior, a 284-unit senior leisure housing community in Southern California’s Inland Empire. TMG represented...
The Warwick

Sunrise Management adds The Warwick to San Diego portfolio

Following the $37.4 million sale of the luxury multifamily community The Warwick—a newly renovated Class A project in San Diego’s vibrant Hillcrest neighborhood—San Diego-based...
Park Place at Jordan Downs

$10.5 million refinancing secured for Los Angeles affordable housing development

JLL Capital Markets announced that it has arranged $10.5 million in construction takeout refinancing for Park Place at Jordan Downs, an 80-unit affordable housing...
Belle on Bev

Cityview reveals name for mixed-use project in historic Filipinotown

Cityview, a premier multifamily investment management and development firm, unveiled the name of its 243-unit workforce housing project in Los Angeles’ Historic Filipinotown (HiFi)...
Luc Whitlock

JLL Capital Markets welcomes Luc Whitlock to its multihousing investment sales and advisory team

JLL Capital Markets announced that it has welcomed Director Luc Whitlock to its multi-housing investment sales and advisory team. Whitlock is based out of the Los...
Victory on Portland

Champion Real Estate Company refinances Victory on Portland student housing asset near University of...

Despite a challenging capital markets climate, Champion Real Estate Company (Champion), announced that it has refinanced Victory on Portland, a 55 unit/139-bed student housing...
Sunset Laurel Apartments

Kidder Mathews sells 28-unit Sunset Laurel apartments for $11 million

The Sunset Laurel Apartments, located at 1545 North Laurel Avenue in Los Angeles, have sold for $11,000,000. Kidder Mathews’ Senior Vice President Robin D....
Alivia Apartments

Los Angeles-area multifamily asset trades for $49.6 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Alivia Apartments, a 128-unit multifamily property in Whittier,...
1503 Fulton Ave

Trion Properties acquires 104-unit multifamily community in Sacramento, California for $23.6 million

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, announces the acquisition of...
South Hills Apartments

Institutional Property Advisors brokers multifamily asset sale in Greater Los Angeles

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina,...

iBorrow provides $17 million in refinancing for two mid-renovation multifamily assets in Southern California

iBorrow, a nationwide private direct lender for commercial real estate, has provided a $17.38 million refinance loan on two mid-renovation multifamily communities located in Southern...
Bay Vista at Meadow Park

Avanath Capital Management expands multifamily footprint in Northern California with the acquisition of affordable...

Avanath Capital Management, LLC, a private real estate investment manager, announces the acquisition of the Novato Portfolio, comprising two LIHTC rental apartment properties in...

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