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 Cannery at Railroad Square

$16.333 million financing secured for Santa Rosa affordable housing project

JLL Capital Markets announced that it has arranged the $16.333 million construction financing of The Cannery at Railroad Square, a 129-unit affordable housing project...
1867 Temple Avenue

Stepp Commercial completes $9.325 million sale of 24-unit apartment property in Signal Hill, California

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $9.325 million sale of a 24-unit apartment property located...
Oak View Apartments

The Mogharebi Group arranges $50 million sale of 237-unit multifamily community in Central California

The Mogharebi Group (TMG) has brokered the sale of Oak View Apartments, a 237-unit garden-style multifamily community in Visalia, Calif., for $50 million. The...
Foxborough Apartments

Institutional Property Advisors brokers sale of Orange County multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foxborough Apartments, a 90-unit apartment complex in Orange, California. The...
THEA at Metropolis

JLL completes acquisition financing of ultra-luxury Downtown Los Angeles multihousing tower

JLL Capital Markets announced that it has arranged the acquisition financing for THEA at Metropolis, a 685-unit, ultra-luxury, high-rise multihousing community located in Downtown...
Sunnyview Villa Apartments

The Mogharebi Group brokers $11.25 million sale of 44-unit affordable housing community in Palm...

The Mogharebi Group (TMG) has brokered the sale of a 44-unit garden-style multifamily community in Palm Springs, Calif. for $11.25 million. The buyer of...
Chateau Spring Terrace

$10.75 million financing secured for a California multihousing community owned by Universe Holdings

JLL Capital Markets announced that it has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multihousing community located in La Mesa,...

Levin Johnston directs 1031 exchange of multifamily communities in San Mateo County

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real estate...
Veranda La Mesa

Sale of multihousing community in suburban San Diego closes

JLL Capital Markets announced that it has closed the sale and acquisition financing of Veranda La Mesa, a 406-unit, garden-style apartment community located in...
4118 Elm Avenue

Stepp Commercial completes $6.64 million sale of a 22-unit apartment property in Bixby Knolls...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.64 million sale of a value-add 22-unit apartment property...
Hacienda Villas

Universe Holdings acquires $12.55 million multifamily property in Ventura, California

Universe Holdings has acquired Hacienda Villas, a 34-unit townhome-style multifamily community in Ventura, Calif. for $12.55 million. It is the Los Angeles-based real estate...
Plaza Grande

The Mogharebi Group brokers $9.25 million sale of 92-unit multifamily community in Monterey County,...

The Mogharebi Group (TMG) has arranged the $9.25 million sale of Plaza Grande, a 92-unit multifamily community in Salinas, Calif. TMG represented the Monterey-based...
Samo Apartments Portfolio

Gortikov Capital arranges $141.4 million recapitalization for affordable multifamily portfolio in Santa Monica, California

Gortikov Capital announced that it has arranged a $141.4 million recapitalization of the Samo Apartments Portfolio, an 11-property, 399-unit affordable multifamily residential portfolio located...
Avalon Studio 4121

Institutional Property Advisors closes $76 million Studio City multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Avalon Studio 4121, a 149-unit multifamily asset in the Studio...
affordable housing

Streamlining inspections of affordable housing in California

The California State Legislature recently passed, and Governor Newsom signed, AB 2006, a bill to eliminate duplication in the inspection of affordable housing projects...

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