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July 11, 2020
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MULTIFAMILY HEADLINES
136-Unit Multifamily Asset in Bakersfield Sells for over $11 Mil
7/09/20
Private investors trade five-acre Village at Lakeside property

Two CA Multifamily Assets Land Freddie Mac Refi Loans Totaling $208 Mil
7/02/20
Deals are for a 615-unit property in Alameda and a 184-unit complex in Monterey Park

Eight-Unit Apartment Property in San Diego’s Pacific Beach Goes for $361k/Unit
6/30/20
Buyer of The Thomas Avenue Apartments looking at potential for increased rents

SWENSON Completes Santa Cruz Mixed-User
6/29/20
Nanda on Pacific consists of 79 res units over ground floor commercial

Riverside Multifamily Property Traded at $154k/Unit
6/26/20
16-unit Bel Air Apartments purchased by a private investor

Visalia Apartment Property Goes for $99k/Unit
6/26/20
29-unit asset sits on close to one acre

MIG Real Estate LLC Buys One-Acre Res Dev Site in Denver
6/26/20
Deal is the first for MIG’s new Qualified Opportunity Zone Business Fund

Anaheim Res Property Trades at $300k/Unit
6/25/20
Private buyer pays $6.3 mil for 21-unit asset

Bay Area Res Portfolio Sold in $24.7 Mil Transaction
6/23/20
Deal is for three properties totaling 59 units in Santa Clara

Summerhill Completes Pasadena Res Project
6/22/20
105-unit Theo was designed by KTGY Architecture + Planning

Two San Diego Mixed-Use Projects Trade in $45 Mil Transaction
6/22/20
The properties, Park & Polk and The Fort, were both designed and sold by architect Jonathan Segal

Phoenix-Area Townhome Community Sells for $450k/Unit
6/19/20
Long Beach Trading Company Inc spends over $8 mil on Lyra Residences

Leon Capital Group Readying to Start Work on 202-Unit Upscale Res Project in Scottsdale
6/18/20
Kierland Apartments to be built by McShane Construction Company

Multifamily Building in L.A.’s Koreatown Sells for $289k/Unit
6/18/20
14-unit asset was completely renovated since prior transfer in 2017

El Cajon Multifamily Property Trades in $16 Mil Deal
6/18/20
GLC Legacy Trus pays $240/unit for Tribecca on Mollison

Pacific Beach Apartment Building Goes for $662k/Unit
6/16/20
Investor spends $2.65 mil on four-unit asset

SoCal Investors Trade 33-Unit Res Asset in El Cajon
6/15/20
$8.55 mil deal is for Willow Creek

Los Angeles Investor Group Spends $12.8 Mil on 173-Unit AZ Res Property
6/12/20
118 units at the Phoenix property are designated as affordable housing

San Gabriel Valley Multifamily Asset Trades in $8.9 Mil Deal
6/12/20
Investor pays $318k/unit for Starcrest Apartments in Arcadia

Bay Area Multifamily Property Refinanced with $33 Mil in Fannie Mae Money
6/11/20
Loan secured by 90-unit Sausalito Towers

Greenlight Communities Secures $23 Mil in Financing for Phoenix Res Development
6/11/20
Cabana on 99th in the Glendale will feature 286 garden-style apartment units



 


 


 


 
 





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