Empire Group Obtains $120 Mil in Financing on Two AZ Build-to-Rent Projects
6/08/23
Tower Capital arranges the financing on the two Phoenix-area developments
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Two CA Central Valley Res Properties Sell in Deals Worth $15.6 Mil
6/07/23
Fresno and Visalia assets total 102 units
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Rockefeller Group Acquires Two Res Development Sites in Arizona
6/07/23
The firm expects to develop 152 build-to-rent units on the properties
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Swenson Receives Approval by Santa Cruz City Council for Mixed-Use Development
6/02/23
Eight-story project will offer 276 res units over ground floor commercial space
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The Landmark Company Acquires Just Under Five Acres in Upland for Development
5/31/23
Firm to build 64-home res project with Century Communities
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29th Street Capital Picks Up 124-Unit Res Asset in Arizona
5/30/23
Firm purchases Solaire on Scottsdale Apartments
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Construction of $400 Mil Downtown San Diego Mixed-Use Project Tops Out
5/26/23
37-story West is a development of Holland Partner Group, North America Sekisui House and Lowe
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MG Properties Wraps Up $61 Mil Res Buy in Washington
5/25/23
Firm pays $321k/unit for Artesia Apartments in Everett
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New 580-Unit Multifamily Development Completed in Salt Lake City
5/25/23
Post District Residences was designed by MVE + Partners
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Long Beach Apartment Building Goes for $275k/Unit
5/24/23
Four-unit structure was originally built in 1914
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Recently Completed Washington Multifamily Development Lands $14 Mil Fannie Mae Refi
5/24/23
C&W arranges loan on 100-unit Kōz on Weaver Road in Snohomish
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El Cajon Apartment Building Trades for $262k/Unit
5/23/23
22-unit asset goes for $5.8 mil
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Thousand Oaks Multifamily Portfolio Hits the Market
5/22/23
Offering is for two communities totaling 399 units
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Albuquerque Res Community Lands $45 Mil Freddie Mac Refi
5/19/23
New loan on 572-unit Union 505 Apartments underwritten with 35-year amortization
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Four Multifamily Properties Trade in Deals Totaling Over $7 Mil
5/19/23
Assets traded at an average of $328k/unit
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Goodyear, AZ Multifamily Property Refinanced with $41.6 Mil Freddie Mac Loan
5/18/23
Gantry arranges new loan on 240-unit Lunaire Apartments
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Archway Equities Closes $150 Mil Multifamily Buy in the Inland Empire
5/17/23
Firm buys 385-unit The Paseos at Montclair North
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Davlyn Investments Closes $67 Mil Res Buy in Las Vegas
5/16/23
Firm renames 252-unit Spectrum as The Michael B Townhomes and Flats
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Bridge Development Breaks Ground on Senior Housing Project in San Diego’s Little Italy Neighborhood
5/16/23
64-unit Kettner Crossing is being built by R.D. Olson Construction
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San Jose Apartment Property Goes for $252k/Unit
5/15/23
61-unit Ranchero Palms had undergone extensive renovations over the years
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San Bernardino Apartment Portfolio Sells for $152k/Unit
5/12/23
Deal consists of three properties with a combined 79 units
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Denver Area Res Asset Lands $65 Mil in New Financing
5/09/23
New loan placed on 387-unit Promenade Place in Greenwood Village
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Magma Equities and Macquarie Asset Management Entity Buy 285-Unit TX Multifamily Property
5/09/23
Venture acquires Bardin Greene in Arlington
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Long Beach Apartment Property Gets New Owner in $5 Mil Deal
5/07/23
Two-building asset goes for over $300k/unit
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Irvine Res Property Lands $31.6 Mil Refi
5/05/23
Northmarq arranges new Freddie Mac loan on 115-unit Axis 2300 Apartments
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Multifamily Building in L.A.’s Koreatown Sells for Over $200k/Unit
5/05/23
$9.75 mil sale of The Avalon Apartments closes prior to deadline for avoiding Measure ULA taxes
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WNC Preservation Equity Fund 2 Fully Invested in $229 Mil of Affordable Housing Assets in Six States
5/04/23
$100 mil equity fund closed in May 2022
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South Sacramento Multifamily Property Trades for $111k/Unit
5/03/23
142-unit Continental Terrace includes excess land allowing for up to 16 ADUs
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Portfolio of Six LA-Area Multifamily Properties Sells in Three Deals Totaling $53.55 Mil
5/03/23
Five of the assets are in the San Fernando Valley while the sixth is in West L.A
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Pedcor Companies Picks Up 11 Acres in Buckeye, AZ for Development
5/03/23
Buyer planning on building 200-unit res project on the site
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Historic Hotel Property in San Diego’s Gaslamp Quarter Trades for $2.55 Mil
5/01/23
The Lincoln Hotel is currently used for a restaurant and affordable housing
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Kairos Investment Management Company Secures $175 Mil Fannie Mae-Backed Credit Facility
5/01/23
Firm will look for opportunistic multifamily, affordable housing acquisition opportunities
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Newly Constructed San Bernardino Res Project Sells for Over $300k/Unit
4/28/23
$21.5 mil deal is for Loma Villas
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Wood Partners to Develop 650-Unit Multifamily Project in Bastrop, TX
4/26/23
26-acre site is part of 75-acre mixed-use campus being master developed by Pearl River Companies
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Renovation Work on Multifamily in L.A.’s Victor Heights Neighborhood Completed
4/25/23
Units at 920 Everett boast upscale interiors and views of the Los Angeles skyline
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Historic Renovation/Redevelopment Project Leaves Its Mark in Riverside
4/25/23
Work completed on residential and retail building in city’s historic core
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Tishman Speyer and San Francisco Giants Begin Leasing Residential Units at First Project 28-Acre Mission Rock Campus
4/24/23
New 23-story res tower offers 283 units with 102 at below market rate
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San Fernando Valley Apartment Building Sells for $231k/Unit
4/24/23
13-unit property is in Van Nuys
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Downtown L.A. Multifamily Property Sells for $17.5 Mil
4/21/23
42-unit The Mint was originally built as an office building in 1923
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OR Independent Living Facility Trades for $294k/Unit
4/21/23
Inspired Healthcare Capital Spends $35 mil on Crescent Park in Eugene
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Rialto Multifamily Trade Works Out to $166k/Unit
4/19/23
Deal is for 41-unit Jackson Apartments
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Moorpark Site to Be Developed into 200-Unit Affordable Housing Project
4/19/23
Danco to build $146 mil development
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Two Desirable Covered Land Listings in West Hollywood Hit the Market
4/19/23
Kennedy Wilson is marketing potential res redevelopment opportunities along Fairfax Ave
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Fresno Multifamily Property Trades for $124k/Unit
4/18/23
Deal is for 92-unit Northbrook Apartments
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Historic Building in Downtown Los Angeles Acquired for Conversion into a Boutique Hotel
4/18/23
The Garfield Building, built in 1929, goes for $19 mil
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Affordable Housing Project Gets Underway in Ontario
4/17/23
50-unit second phase of Emporia Housing is a development of Related California and is being built by R.D. Olson Construction
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MG Properties Completes $67 Mil Res Buy in Colorado
4/17/23
Firm buys 204-unit Ridge at Castle Rock Apartments in Castle Rock
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Champion Real Estate Company Secures $40 Mil Refi on OC Student Housing Property
4/14/23
New loan for 121-unit University Village Fullerton funded by RGA Reinsurance Company
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Commercial Real Estate Financing Briefs
4/14/23
Recent transactions from Bellwether Enterprise Real Estate Capital, Marcus & Millichap Capital Corporation and Gantry
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Res Property in L.A.’s Koreatown Neighborhood Goes for $238k/Unit
4/13/23
30-unit building sells for $7.15 mil
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Capital Improvement Program Well Underway at 597-Unit Marina del Rey Res Community
4/11/23
Equity Residential spending $45 mil to update Pearl Apartments
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Newport Beach Apartment Property Goes for $720k/Unit
4/11/23
Five-unit building sits on three acres
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Fresno Multifamily Property Sells for $300k/Unit
4/11/23
49-unit Birch Commons was built in 2006
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Warner Center Property Goes for $137/sf in Land Value
4/07/23
1.2-acre site to be redeveloped into multifamily and hotel space
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Brixton Capital Buys 144-Unit Apartment Community in San Antonio
4/07/23
The Atlee is situated in the city’s Olmos Park neighborhood
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The Sutton Opens Its Doors in Portland
4/07/23
New, 236-unit res project was developed by Lincoln Property Company
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Legacy Partners and The Resmark Companies Break Ground on 336-Unit TX Apartment Project
4/06/23
Legacy Gateway is expected to be completed spring 2025
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Local Developer Buys 1.5-Acre Site in South Seattle
4/06/23
Land to be used for a 330-unit housing project
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Advanced Real Estate Acquires Iconic Edison Tower in Downtown Long Beach
4/04/23
Former office building was converted to 156 res units in 2016
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DMJ Capital Partners Closes $11.6 Mil Res Buy in San Diego’s Spring Valley Area
4/04/23
Firm pays $265k/unit for 50-year-old asset
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Seattle Apartment Complex Lands $53.5 Mil Refi
4/04/23
Gantry arranges new financing on 237-unit Cypress Apartments
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Insight Investment Partners Spends Over $8 Mil on 28-Unit Multifamily Property in El Cajon
4/04/23
Firm pays $290k/unit for Easter Manor Apartments
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New Standard Equities Obtains $19.8 Mil Refi on Washington Multifamily Property
4/03/23
New loan on 120-unit Village Fair Apartments in Bremerton is firm’s third refinance of the asset
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Construction Started on 292-Unit San Gabriel Valley Res Community
4/03/23
Solana at Duarte Station in Duarte is a development of MBK Rental Living and Haseko Corporation
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San Diego Area Mixed-Use Project Sells for Nearly $1,000/sf
3/31/23
11.2k sf property in downtown Rancho Santa Fe offers opportunity for additional residential development
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Local Law Firm Pays $2.9 Mil for Studio City Mixed-Use Property
3/31/23
6.6k sf structure contains a res triplex and five office spaces
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Positive Investment Spends $8 Mil on 34 Res Units in Lawndale
3/31/23
Firm pays $241k/unit for two-property portfolio
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Cornerstone Communities Acquires 44 Acres in Otay Mesa for All-Electric Res Development
3/30/23
Candlelight will consist of four distinct neighborhoods
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Haven Warner Center Res Community Trades in $54 Mil Transaction
3/29/23
LA Apartments buys 205-unit asset in the West San Fernando Valley
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Apartment Property in L.A.’s Mar Vista Area Sells for Over $500k/Unit
3/29/23
31-unit Coral Tree Apartments acquired by private investor for $15.9 mil
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Western Spire Pays $6,78 Mil for 1.8-Acre Development Site in Rancho Cucamonga
3/29/23
Buyer to build multifamily on the land
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New 300-Unit Anaheim Res Community Now Under Construction
3/29/23
Five-story Zia is a development of MBK Rental Living and Haseko Corporation
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KeyCity Capital Picks Up 142-Unit Multifamily Community in Farmers Branch, TX
3/28/23
Transaction included assuming existing Fannie Mae loan
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Golden Bee Properties Wraps Up $39.5 Mil Res Buy in Sylmar
3/28/23
Deal is for 200-unit Mountain View Manor
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Orange County and Eastern LA are Two of the Most Competitive Markets for Apartments in California
3/27/23
Report from RentCafe offers comparison of rental markets in the state
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The Mogharebi Group Opens New Offices in Las Vegas, NV and Albuquerque, NM
3/22/23
Bill Ketcham and Robert Gallegos have been retained to lead the two offices
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GPI Companies Set to Build 200-Unit Res Community in West Los Angeles
3/16/23
JLL arranges $84 mil in construction money for Overland and Ayres project
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TerraLane Communities and Franklin Mountain Investments to Start Work on Texas Build-to-Rent Community
3/15/23
Venture acquires 94 single-family “finished” lots within the Campo del Sol masterplan in the El Paso area
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West Los Angeles Apartment Building Trades for $428k per Unit
3/14/23
Deal is for 27-unit The Glendon Apartments in the Palms area
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Work Starts on 380-Unit Colorado Res Community
3/14/23
Legacy Metro 525 is a development of Legacy Partners and Griffin Capital Company
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Sunrise Management takes Over at The Warwick in San Diego’s Hillcrest Nieghborhood
3/14/23
80-unit res community was acquired by Spectrum Partners last year in $37 mil deal
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Affordable Mixed-Use Project in Denver Gets Underway
3/13/23
Montbello Freshlo Hub to offer 180 res units along with fresh food options
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Dunleer Picks Up 144-Unit Res Asset in Dallas
3/10/23
The Lex is viewed as a value-add opportunity
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AHV Launches Third-Party Built-For-Rent Services®
3/10/23
Firm’s offering provides institutional grade development and homebuilding services to others
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New 82-Unit Affordable Housing Community in DTLA’s Skid Row Completed
3/07/23
LAMP Lodge a development of Meta Housing and The People Concern
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Tishman Speyer Starts Work on Santa Monica Res Projects
3/02/23
Four multifamily buildings are first phase of the firm’s Santa Monica Collection development
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El Cajon Apartment Portfolio Trades in $16 Mil Deal
3/02/23
Transaction was for three properties totaling 61 units
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Downtown L.A. Real Estate Showing Steady Growth Starting Off 2023
3/01/23
New report from Downtown Business Center Improvement District highlights improving sectors in a region being transformed by a growing mixed-use market
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Denver-Based Kentro Group Buys 24 Acres in Colorado for Development
3/01/23
Firm to construct res project on Loveland land.
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The Bascom Group LLC and Artemis Real Estate Partners Buy Active Adult Community in Lakewood, CO
3/01/23
Avenida Lakewood offers 230 res units
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San Diego Multifamily Market Closed Out 2022 with Strong 4th Quarter
2/27/23
Northmarq reports increase in asking rents with slight increase in vacancies
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Austin Res Development Funded with $75 Mil Construction Loan
2/27/23
Knighthead Funding provides money for 182-unit condo project
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Glencrest Group Closes $27 Mil Buy of Portland Res Community
2/24/23
Firm pays $160k/unit for 168-unit Meadowland Apartments
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29th Street Capital Spends $41.6 Mil on Res Community in Scottsdale, AZ
2/16/23
Firm buys 193-unit Dwell Apartment Homes from Avanti Residential
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Cityview Underway of 243-Unit Workforce Housing Project in L.A.’s Historic Filipinotown District
2/16/23
Belle on Bev is expected to be finished in fourth quarter 2023
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Redevelopment Site in South Los Angeles Trades for Just Over $3 Mil
2/14/23
Buyer plans to build affordable housing on the land
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Hawkins Companies Lands $56 Mil in Construction Money for Idaho Res Project
2/14/23
Cushman & Wakefield arranges loan for 287-unit Canyon Ridge
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Redevelopment Property in San Diego’s Bankers Hill Goes for $4.75 Mil
2/10/23
Liberty National Corporation will demolish existing office structure for res project
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