California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.
Tag: California
Standard Communities and Faring form joint venture to create $2 billion of middle-income housing...
Standard Communities, one of the nation’s preeminent affordable and workforce housing investors, and Faring, among California’s most prolific developers, have formed a joint venture...
Trion Properties completes new multifamily development in Central Los Angeles submarket
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, with joint venture partner Ketter...
Katerra’s Tracy assets purchased by VBS
Volumetric Building Companies (VBC), announced that the company has received approval from the United States Bankruptcy Court for the Southern District of Texas (Houston...
Tower 16 Capital Partners acquires a two-property, 504-unit multifamily portfolio in the Inland Empire...
San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 504 units in Moreno Valley, Calif., for $107.2 million. The...
Institutional Property Advisors brokers $74.1 million North County San Diego multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Dylan, a 208-unit apartment complex in Oceanside, California. The...
Avison Young brokers $11.3 million sale of 44-unit Playa Blanca Apartments in Imperial Beach,...
Avison Young announced it has brokered the $11.3 million sale of Playa Blanca Apartments, a 44-unit apartment property located at 1939, 1945 and 1949...
Sunrise Management adds to leadership team
Sunrise Management, which has specialized in managing multifamily properties since 1978, has announced the addition of Hector Rodela as the new regional vice president...
Levin Johnston directs acquisitions of two Bay Area properties totaling $30.8 million on behalf...
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...
California spends big on housing
Governor Newsom of California recently signed AB 140 into law. This bill is a trailer to the 2021-21 California State Budget and funds ambitious...
Marcus & Millichap arranges the sale of 411 Euclid in Oakland, California
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 411...
Institutional Property Advisors brokers sale of Landmark Tower in Hollywood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hollywood Tower, an historic, eight-story, 52-unit multifamily asset in Hollywood,...
PCCP, LLC provides $76 million loan for the acquisition and renovation of a 299-unit...
PCCP, LLC announced that it has provided a $76 million senior loan to an affiliate of Sares Regis Group for the acquisition and renovation...
Stepp Commercial completes $6.4 million sale of a 29-unit apartment property in Sylmar, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.4 million sale of Astoria Oaks, a 29-unit apartment...
Absolute zero
Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a...
Rent relief for some
California Governor Gavin Newsom, along with leaders of the California state Assembly and Senate, reached agreement on Assembly Bill 832. This will increase the...
