California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.
Tag: California
California rent control: one measure advances as another fails
California Senate Bill 466 was withdrawn by its author after failing a floor vote. At the same time, a proposed rent control ballot measure...
Marcus & Millichap arranges sale and financing for multifamily property in Brea, California
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and...
Marcus & Millichap Capital Corporation arranges $15 million financing for multifamily property in San...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $15.043 million loan for the...
Levin Johnston closes four multifamily transactions in March as San Jose market shows resilience
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...
Inland Empire townhome community trades for $150 million in So Cal’s largest multifamily transaction...
In the largest multifamily transaction in Southern California to close this year, real estate investment firm Archway Equities (Archway) has acquired from 4914 Olive...
Sunrise Management names new president
San Diego-based Sunrise Management—a California-focused property management firm—has announced the promotion of longtime company executive Theresa Cordero to president. Cordero, who has worked for Sunrise...
California rent control update
A measure which would expand the number of properties in California which could be subject to rent control is working its way through the...
The Mogharebi Group secures $50.5-million sale of 156-unit apartment community in Ontario, California
The Mogharebi Group (TMG) has arranged the $50.5 million sale of The Landing Apartments, a 156-unit multifamily community in Ontario, California. Located at 3364 Honeybrook...
The Mogharebi Group closes on 142-unit multifamily community in Sacramento, California
The Mogharebi Group (TMG) has arranged the $15.75 million sale of Continental Terrace in South Sacramento, California. Senior Vice President Robin Kane and Vice...
First Republic takeover deals yet another blow to Bay Area real estate
The takeover of First Republic by JPMorgan Chase adds another complication to a local real estate market already hampered by high interest rates, difficulties...
The Mogharebi Group completes sale of new 70-unit apartment community in San Bernardino
The Mogharebi Group (TMG) has arranged the $21.5 million sale of Loma Villas, a newly constructed 70-unit multifamily community in San Bernardino, Calif. Located at...
42-unit multifamily trophy asset in prime Downtown Los Angeles sells for $17.5 million
The Mint, an eight-story, 42-unit multifamily property located in the heart of downtown Los Angeles, has sold for $17.5 million. The buyer was a...
Housing block
California’s builders and YIMBYs are at loggerheads over a bill cracking down on ‘unchecked sprawl.’ Activists who would like to see more housing built...
The Mogharebi Group completes sale of 92-unit apartment community in Fresno for $11.4 million
The Mogharebi Group (TMG) has arranged the $11.4 million sale of the 92-unit Northbrook Apartments in Fresno, California. Located at 584 E. Bullard Ave., Northbrook...
The Mogharebi Group brokers sale of 30-unit apartment community in Los Angeles
Despite current market conditions, deals have still been transacting—especially on small- to mid-cap multifamily assets in Los Angeles. The $7.15 million sale of 30-unit...