California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.
Tag: California
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...
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...
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...
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...
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...
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...
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...
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...
Gelt, Inc. acquires a 149-unit apartment property in Studio City, California for $76 million
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Avalon Studio 4121, a 149-unit...
Housing group announces settlements with three Southern California cities, three new lawsuits over failure...
Californians for Homeownership, a nonprofit organization sponsored by the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) that aims to address California's housing crisis through impact litigation, announced that it...
$26.9 million financing arranged for multihousing development in San Diego
JLL Capital Markets announced that it has arranged the $26.9 million construction financing for Onyx on Park, a 61-unit, urban infill multihousing community located...
The Mogharebi Group brokers $41.25 million sale of 118-unit senior housing portfolio in San...
The Mogharebi Group (TMG), on behalf of ROEM Development, has arranged the $41.25 million sale of a two-property, 118-unit senior affordable housing portfolio in...
$24.64 acquisition financing arranged for California multihousing community
JLL Capital Markets announced that it has arranged the $24.64 million acquisition financing for Stonegate Riverside, a 160-unit, 1987 vintage, value-add, garden-style multihousing community...
Intercontinental Real Estate Corporation and MG Properties acquire 178-unit apartment community in Agoura Hills,...
Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community...
Universe Holdings acquires $53.370 million multifamily property in California’s Inland Empire
Universe Holdings has acquired the Stonegate Apartments (Stonegate), a 160-unit multifamily community in Southern California’s Inland Empire city of Riverside, in an off-market transaction...
