California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.
Tag: California
Levin Johnston completes $15.8 million sale of 24-unit multifamily community in Redwood City, California
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...
160-unit multifamily community trades for $25 million in Sacramento
Transwestern Real Estate Services (TRS) announces the team of Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented both parties in the sale...
Stepp Commercial completes $3.95 million acquisition of a 16-unit apartment property in Downey, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.95 million acquisition of a 16-unit apartment property located...
PCCP, LLC provides $40 million senior loan to Carmel Partners for the acquisition of...
PCCP, LLC announced it has provided a $40 million senior loan to an affiliate of Carmel Partners for the acquisition of One38 Apartments, a...
Institutional Property Advisors closes $59.5 million San Diego County multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sycamore Hills Village, 155-unit multifamily asset in Vista, California. The...
Tower 16 Capital Partners acquires a 330-unit multifamily property in the Inland Empire for...
San Diego-based Tower 16 Capital Partners has acquired Sorelle Apartments, a 330-unit multifamily property located in Moreno Valley, Calif., for $85 million. The Sorelle...
$31.6 million financing secured for seniors housing in Southern California
JLL Capital Markets announced that it has arranged $31.6 million in acquisition and mezzanine financing for Estancia Senior Living, a 103-unit, 114-bed, newly developed,...
SB Real Estate Partners breaks into Inland Empire with Redlands acquisition for $46.2 million
SB Real Estate Partners (SBREP) has acquired ReNew Redlands, a Class B, 124-unit garden-style apartment community located in Redlands, Calif, for $46.2 million. The...
Stepp Commercial completes $2.5 million sale of 8-unit apartment property in Long Beach
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.5 million sale of an eight-unit apartment property located...
Institutional Property Advisors facilitates Inland Empire seniors housing asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Zen Diamond Valley Senior Living Apartments, a 177-unit multifamily property...
Transwestern brokers sale of two multifamily buildings in 1031 exchange in Los Angeles
Transwestern Real Estate Services (TRS) announces its Los Angeles Multifamily Investment Services Group has brokered the sales of 14654 Gault St., a luxury fourplex...
Tailwind Investment Group and The Roxborough Group acquire value-add multifamily asset in high growth...
Tailwind Investment Group—a Newport Beach-based privately held commercial real estate investment management company focused on value-add and core-plus multifamily investments in the Western U.S.—and The Roxborough Group—a real estate private equity firm based...
Pembrook provides $15.35 million first mortgage loan for acquisition and renovation of Parkwood Apartments...
Pembrook Capital Management LLC (Pembrook), one of the nation’s leading bridge lenders for affordable housing, provided a $15.35 million first mortgage loan for the...
Upzoning coming to California
California Governor Newsom recently signed a series of bills seeking to address the shortage of housing in the state. The bills. SB-8, SB-9 and...
Gelt, Inc. acquires The Oasis Anaheim, a 312-unit apartment community, for $146.5 million
Gelt, Inc. is pleased to announce it has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property located at 3530 E. La Palma Avenue...