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February 23, 2019
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MULTIFAMILY HEADLINES
San Antonio Res Project to Move Forward with $37.5 Mil in Acquisition, Construction and Equity Financing
2/22/19
David B. Norton Inc arranges money for 340-unit, garden-style development

Luxury Residential Development Opens in Glendale
2/21/19
494-unit NEXT on Lex is said to be the largest for-rent residential development in LA County since 2016



MJW Investments Makes 95-Unit Res Buy in Washington
2/15/19
Deal is for Kentwood Apartments in Kent

Seattle Multifamily Project Lands $13 Mil Refi Loan
2/14/19
CBRE arranges financing on 108-unit Cubix North Apartments

Older San Diego Apartment Property Fetches $18 Mil
2/14/19
97-unit Willow Glen Apartments goes for $185k/unit

San Diego Apartment Sales Comp Comes in at $125k/Unit
2/13/19
Investor picks up 20-unit property in the City Heights neighborhood

Sun Valley Apartment Property Goes for $192k/Unit
2/12/19
26-unit asset provides the buyer with value-add opportunity

Two Hollywood Apartment Properties Trade for $211k/Unit
2/11/19
Both buildings were constructed in the mid-1950s

Two Bay Area Apartment Sales Total $20 Mil
2/08/19
Deals are for a 33-unit property in Redwood City and a 25-unit asset in Mountain View

Bela Flor Communities Obtains $40 Mil in Financing for New AZ Res Community
2/07/19
CBRE arranges loan on 236-unit Bella Victoria in Mesa

Apartment Property in the Hollywood Area Sells for Just over $200k/Unit
2/07/19
Investors trade 21-unit property in $4.25 mil deal

Affirmed Housing Buys Vacant Parcel in Downtown San Diego
2/07/19
Firm to build 78-unit affordable housing project on the Little Italy property

The Roy at Overland Adds 92 Res Units to West L.A.ís Palms Neighborhood
2/06/19
Housing project was designed by KFA for Anejo Development LLC and Griffin Opportunities LLC

Trion Properties to Build 45-Unit Res Project with Kettner Construction in L.A.ís Mid-Wilshire
2/05/19
Project is on a well-located and previously entitled site

Crown Realty & Development to Move Forward with 96-Acre Master-Planned Community in North Phoenix
2/04/19
Land is zoned for about 2500 residential units, 2 msf of office, 500 hotel rooms and 100k sf of retail

Phoenix Apartment Sales Comp Comes in at $120k/Unit
2/01/19
Private investor pays $31.8 mil for Sanctuary on 22nd complex

Universe Holdings Adds to Its Growing Multifamily Portfolio in Inglewood
1/31/19
Firm buys 15-unit property near the new NFL stadium for the Rams and Chargers

Watt Multifamily Buys 280-Unit Res Community in Las Vegas
1/31/19
Purchase is financed with $37 mil loan arranged by NorthMarq Capital

Mass Equities and AECOM Capital to Develop Mixed Use Project in Denver
1/30/19
VARIO to offer res apartments, creative office and retail space

L.A. Area Assisted Living Project on Track with $59 Mil in Financing
1/30/19
Dekel Capital arranges money for Willis Developmentís 113-bed facility in Glendale

Overseas Investors Spend $4.5 Mil on Two Long Beach Apartment Properties
1/28/19
The 1980s assets total 14 units



 


 


 


 
 





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