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Stratford Partners Buys 94-Unit Multifamily Property in Colorado 8/22/24 Stratford Partners has acquired Del Arte Townhomes, a 94-unit res community in Aurora, CO. The deal was financed with a $15.44 mil acquisition loan.
The community is located at 11135 East Alameda Avenue in southwest Aurora. ...
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Berkeley Student Housing Project Lands $30 Mil in Construction Money 8/19/24 Panoramic Interests has secured $30 mil in construction financing for The Northside, a 73-unit student housing project at 1752 Shattuck in Berkeley.
The Northside, now under construction, is situated in the city’s desirable...
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South OC Senior Living Community Secures $52 Mil Refi Loan 8/19/24 Atria Newport Beach, a 168-unit senior living community located in Newport Beach, was refinanced with a new loan for $52 mil. The property is owned by a partnership between a national REIT and Atria Senior Living.
Atria New...
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Hines, Trez Capital and the Furst Family Purchase 90 Acres in Texas for Master-Planned Community 8/16/24 A venture between Hines, Trez Capital and the Furst Family has acquired the initial 90 acres of what will become Furst Ranch, an expansive master-planned community in Denton County, TX. The project, located outside of Dallas ...
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AZ Shopping Center Gets New Owner After $26 Mil Trade 8/16/24 Mesa Ranch Plaza, a 130k sf shopping center in Mesa, AZ, was purchased by a private investor for $26 mil ($200/sf).
Mesa Ranch Plaza is located at 1008, 1036, 1060, and 1142 E. Southern Ave. It is shadow-anchored by a promi...
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Klein Investments Family Limited Partnership Closes $81 Mil Purchase of State-of-the-Art Building in San Jose 8/15/24 Klein Investments Family Limited Partnership has acquired Silicon Valley Innovation Hub, a 146.2k sf, state-of-the-art building in San Jose that is fully leased to Merck KGaA, Darmstadt, Germany. The property was sold by a jo...
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MDH Partners Spends $51 Mil on AZ Industrial Complex 8/14/24 KV Buckeye 10, a new 249.6k sf industrial complex in Buckeye, AZ was purchased by MDH Partners LLC in a $51 mil ($204/sf) transaction. The project is 60% leased.
KV Buckeye 10, completed in August 2023, is situated on an 18....
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Beedie Starts Work on 112k sf Industrial Project in North Las Vegas 8/13/24 Beedie has started construction on Lincoln by Beedie, a 111.7k sf industrial condo project in North Las Vegas. marking their second state-of-the-art development in Nevada. Situated at 2942 Lincoln Rd, The Class 'A' developmen...
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Continental Realty Assets Ltd Completes $27 Mil Multifamily Buy in Las Vegas 8/13/24 Continental Realty Assets Ltd (CRA) has picked up Villa Del Rio Apartments, a 168-unit multifamily community in Las Vegas, for $27 mil, or $160.7k/unit. CRA, a subsidiary of Continental Realty Group, is a Denver-based multifa...
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Historic Office Campus Property in Portland Trades Hands 8/12/24 Montgomery Park, a 768.4k sf, multi-tenant office campus located in Portland’s Slabtown submarket, traded hands in a recent sale. The seller was an entity indirectly owned by a group of banks that foreclosed on the property i...
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Washington Neighborhood Center Sells for Over $600/sf 8/12/24 Panos Properties LLC has acquired Village at Redmond Ridge, a 66.9k sf, neighborhood retail center in Redmond, WA, for $41 mil ($613/sf). The property, located at 23515 NE Novelty Hill Rd, was sold by Woodbury Corporation.
V...
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Mattel Spends $59 Mil for El Segundo Office Asset Adjacent to Its Current HQ 8/09/24 Mattel, the multinational toy manufacturing and entertainment company based in El Segundo, has purchased Grand + Nash, a newly renovated 167.8k sf creative office campus at 2160 E. Grand Ave, also in El Segundo. The asset, wh...
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Waterford Property Company and The Vistria Group Pick Up 299-Unit Multifamily Property in Dallas 8/09/24 Waterford Property Company and The Vistria Group have acquired Axis Kessler Park, a 299-unit, garden-style Class A multifamily community in Dallas. The joint venture purchased the property, located at 2400 Fort Worth Ave, in ...
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Upscale Phoenix Multifamily Community Sells for $79 Mil 8/08/24 Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 mil ($345k/unit) transaction. Built in 2020, Alta North Central is located at 777 E Stella Lane.
The commun...
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Equity Residential Buys 11 Res Properties from Blackstone Real Estate for $964 Mil 8/08/24 Equity Residential has agreed to acquire 11 apartment properties in Atlanta, Dallas/Ft. Worth and Denver from Blackstone Real Estate strategies in separate transactions totaling $964 mil. The properties being traded total 3,5...
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BH Properties Buys 203k sf Industrial Facility in Texas 8/08/24 BH Properties boosted its Texas portfolio with the purchase of a 203.5k sf industrial facility in El Paso. The property sits on 17 acres at 12100 and 12105 Esther Lama Dr, adjacent to Interstate 10. It is just minutes from th...
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Former San Leandro Retail Center Lands $33 Mil Refi after Transitioning to Power Center/R&D Campus 8/07/24 B3 & Gaw have obtained a $33 mil bridge loan to refinance the old Bayfair Mall in San Leandro, which is successfully transitioning into a mixed-use retail power center and emerging R&D campus.
Encompassing over 715k sf of re...
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San Fernando Valley Multifamily Asset Sells for $300k/Unit 8/07/24 Pinetree Terrace Apartments, a 58-unit multifamily community in the central San Fernando Valley community of Reseda, traded hands in a $17.6 mil ($303k/unit) deal. Built in 1978 and on the market for the first time, Pinetree ...
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Cityview and Wafra Buy New Res Community in L.A.’s Silver Lake Neighborhood 8/06/24 Cityview and Wafra have acquired Silva, a newly constructed 221-unit, Class A multifamily community in the Silver Lake neighborhood of Northeast Los Angeles. Situated on a hilltop that provides 360-degree views of the city, S...
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Brixton Capital Picks Up 114-Unit Colorado Res Community 8/05/24 Brixton Capital has acquired Parkside at Littleton Village, a 114-unit boutique apartment community located at 300 E. Fremont Place in Littleton, CO. Built in 2022, Parkside at Littleton Village offers a mix of large floorpla...
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