California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles.
Tag: California
Unconstitutional tenant relocation scheme hurts families, housing
When the Air Force assigned Lyndsey and Sharon Ballinger to Washington, D.C., in 2015, the Ballingers kept their Oakland, California, house and rented it...
Retreat Senior Living LLC and the Brothers of St. Patrick join forces on new...
Retreat Senior Living LLC is pleased to announce that it has entered into a long-term ground lease with the Brothers of St. Patrick to...
Levin Johnston directs $16.8 million multifamily acquisition in Palo Alto, 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...
Skender completes independent living facility rehabilitation in Oakland
Skender, serving as general contractor, recently completed a 50,000-square-foot full-building rehabilitation of Lake Merritt Apartments, an affordable housing development located at 1417 1st Avenue...
George Smith Partners secures $17 million in non-recourse financing for 120-unit multifamily community in...
George Smith Partners, one of the nation’s leading commercial real estate capital markets advisors, has successfully arranged $17 million in non-recourse refinancing with a...
The great disappeared
The state remains one of the most unequal in the nation—one that has both billions of dollars in Silicon Valley and rampant homelessness. The...
Proposition 10: It can get worse
Proposition 10 will be on California’s November’s ballot. Its passage would mean repealing the 1995 Costa-Hawkins Act, a state law that severely restricts rent...
Legacy Partners announces grand opening of Baxter on Broadway
Legacy Partners, a privately owned national real estate firm, announced the grand opening of Baxter on Broadway, a five-story, 130-unit boutique apartment community in...
1970s-built multifamily asset comes to market in San Diego County
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it has been selected to exclusively market for sale Villa Capri, a 98-unit...
San Gabriel Valley multifamily asset sold by IPA for $78.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Trails at San Dimas, a 288-unit apartment property in San...
Levin Johnston directs two property sales totaling $11 million in Silicon Valley
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...
$30.2 million 55-plus affordable housing complex changes hands
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Taking sides on California’s rent control initiative
With two months to go before the general election, forces are lining up for and against California’s Proposition 10, which would greatly expand local...
Living with the risk of wildfires in California
U.S. Homeland Security Secretary Kirstjen Nielsen visited Redding, California, Friday to survey the damage from the state’s unprecedented wildfires. Nielsen called the scenes “truly...
Essex spends big to defeat rent control measure
Essex generates 84 percent of its net operating income in California, far more than any other large apartment REIT. That explains why Essex has...