Tuesday, February 25, 2025

Tag: California

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

One Paseo

JLL arranges $375 million in financing for generational mixed-use property in San Diego

JLL announced that it has arranged an eleven-year, non-recourse secured loan for $375 million, provided by New York Life Insurance Company and on behalf...
Park Villa Apartment Homes

Stepp Commercial Group completes $7.165 million sale of a newly renovated 18-unit apartment property...

Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $7.165 million sale of Park Villa Apartment Homes,...
California rent control

California rent control – round 3 is on

The California Secretary of State’s (CASoS) office announced that the rent control initiative called the Justice for Renters Act has qualified for the November...
224 S. Oak Street

CBRE arranges sale of multifamily asset in Orange County, Calif., for $462 PSF

CBRE announced the sale of a four-unit multifamily property in Orange County, Calif., for $1,590,000, representing 99 percent of the list price and $462...
Ric Russell

Kidder Mathews welcomes Cushman & Wakefield Executive Managing Director Ric Russell in San Francisco

Ric Russell has joined Kidder Mathews in San Francisco as Executive Vice President and Shareholder. He brings over 35 years of experience specializing in...
921-927 S. Trident Street

CBRE arranges sale of 12-unit multifamily community in Anaheim, Calif., for $4.25 million

CBRE arranged the sale of a 12-unit multifamily property in Anaheim, Calif., to a private investor in a 1031 exchange. The sale price was $4.25...
Third Thyme

$11.75 million financing secured for an affordable multihousing community in L.A.

JLL Capital Markets announced that it has secured $11.75 million in forward permanent financing for Third Thyme, a 104-unit, affordable multihousing community in Los...

Marcus & Millichap closes $53.4 million three-property Inland Empire multifamily sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a...
Alex Caniglia and Blake Rogers

Blake Rogers and Alex Caniglia return to JLL’s Capital Markets team

JLL Capital Markets announced that Blake Rogers and Alex Caniglia have re-joined the firm as multihousing investment sales producers. Rogers will serve as a Senior...
Axis @ Davis

Equity placement secured for housing development near UC Davis

JLL Capital Markets announced that it arranged joint venture equity on behalf of sponsor Anton DevCo for Axis @ Davis, a 200-unit housing development...
USC Expo

Mosaic Investment Partners secures full capitalization for University of Southern California student housing development

JLL Capital Markets announced that it arranged the capitalization of USC Expo, a 57-unit / 260-bed USC student housing development located less than a...

CBRE arranges sales of three four-unit multifamily properties in Orange County, Calif., to three...

CBRE arranged the sales of three four-unit multifamily properties in Orange County, Calif., for a total of $5.48 million to three separate private buyers...
4737 Kester Avenue

Kidder Mathews arranges record-breaking sale of multifamily property in Sherman Oaks

An eight-unit apartment property at 4737 Kester Avenue in Sherman Oaks, California has sold for $3,600,000. This marks a record-high price-per-unit for a rent-controlled...
Bill Stoll - BH Properties

BH Properties plans billion dollar investment in affordable housing

BH Properties (BH) has launched a new investment initiative into affordable housing with a  goal of ultimately building a $1 billion portfolio of assets....
13931-13951 Illinois Street

CBRE arranges sale of 17-unit multifamily community in Westminster, Calif., for $6 million

CBRE arranged the sale of a 17-unit multifamily property in Westminster, Calif. The sale price was $6 million, representing $352,941 per unit and $415 per...

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