California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.
Tag: California
Crushing property insurance hurting apartment deals
The lack of affordable insurance options for property owners of all types increasingly puts needed insurance coverage out of reach and limits the ability...
Cityview completes 296-unit opportunity zone project near Downtown Los Angeles
Cityview, a premier multifamily investment management and development firm, has completed Jasper—a 296-unit opportunity zone project located less than two miles from downtown Los...
MIG Real Estate acquires Newport Palms, a 138-residence apartment community in Orange County for...
MIG Real Estate LLC (MIG), a real estate investment company with assets across the Western U.S. and Sun Belt states, announced the acquisition of...
$16.7 million construction take-out financing secured for L.A. multihousing community
JLL Capital Markets announced that it has arranged the $16.7 million construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multihousing community...
Stepp Commercial Group completes $2.65 million sale of an 8-unit apartment property in Long...
Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.65 million sale of an eight-unit multifamily property...
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...
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 – 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...
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...
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...
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...
$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...
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...
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...
