Sunday, February 23, 2025

Tag: California

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

Foon Lok East

MidPen Housing Announces Completion of Affordable Housing Development Foon Lok East in Oakland California

Foon Lok East, the fourth and final affordable housing development at Brooklyn Basin in Oakland, California, has been completed. MidPen Housing, in partnership with the...
The Grad

Gortikov Capital Secures $150M Bridge Loan for The Grad Student Housing Tower in San...

Gortikov Capital has arranged a $150 million bridge loan secured by The Grad, a 260-unit, 1,002-bed Class A student housing tower serving San Jose...
VRV

BWE secures $108.38M for Recently Completed Orange County Multifamily Project VRV

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured total capital of $108.38 million for the VRV, a recently...
Inland Empire Apartment Portfolio

Marcus & Millichap Closes $25M Nine-Property Inland Empire Apartment Portfolio Sale

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

CBRE Arranges Sales of Two Six-Unit Multifamily Properties in San Clemente California

CBRE announced the sales of two six-unit multifamily properties in San Clemente, California, to individual private investors, totaling $4.82 million. “Our targeted marketing generated multiple...
Franklin 299

Walker & Dunlop Facilitates $113M Sale of Multifamily Community Franklin 299 in the Bay...

Walker & Dunlop, Inc. facilitated the $113 million acquisition financing for Franklin 299, a Class A multifamily community in Bay Area Redwood City, California. The...
Vue at 3600

Step Up Housing Buys 240-Unit Affordable Housing Property Vue at 3600 in the Bay...

Step Up Housing has acquired Vue at 3600, a 240-unit affordable housing property in the Bay Area city of Richmond, California. As part of...
CJ Angle, Chelsea Jervis, Ryan Fitzpatrick

Berkadia Adds Three Investment Sales Advisors in Irvine: CJ Angle, Chelsea Jervis, and Ryan...

Berkadia, a leader in the commercial real estate industry, announced the addition of Senior Managing Director Ryan Fitzpatrick and Managing Directors Chelsea Jervis and...
R3 by CLG

Gantry Secures $27.8M Loan to Refinance Class A Marina del Rey Multifamily Property R3...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $27.8 million permanent loan to refinance the R3 by CLG...
Haven at Deer Creek

MBK Rental Living Completes Development of Multifamily Community The Haven at Deer Creek in...

MBK Rental Living, a leading innovator in private real estate development in California, announced that it has completed the development of The Haven at...
Standard Communities $1B Portfolio

Standard Communities Acquires $1B Portfolio in Largest Affordable Housing Transaction of 2024

Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of...
California rent control on the ballot

Rent control fails (again) in California

Proposition 33, the latest attempt to open the door to rent control in California, went down to defeat Tuesday. It was supported by only...
Mark Workman

BH Properties Appoints CRE Veteran Mark Workman to Managing Director, Investment and Asset Management

BH Properties, a vertically integrated, value-add real estate investment company, has appointed commercial real estate veteran Mark Workman to the position of Managing Director,...
2607 Solana Way

CBRE Arranges Sale of 12-Unit Apartment Community Sterling Plaza Apartments in Laguna Beach for...

CBRE announced the sale of Sterling Plaza Apartments, a 12-unit multifamily community at 2607 Solana Way in Laguna Beach, California. CBRE’s Executive Vice President Dan...
Wilshire Boulevard

Jamison and Arc Capital Partners to Convert 13-Story Office Building at 3325 Wilshire Boulevard...

Jamison and new joint venture partner Arc Capital Partners have started the conversion of a 13-story, 233,000-square-foot office building at 3325 Wilshire Boulevard in...

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