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• Inland Empire Multifamily Market Sees Rising Sales Volume as Development Slows in 2025
8/25/25
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
The Inland Empire’s multifamily market has expanded over the past year, fueled by population in-migration and relative housing affor...
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• Washington Multifamily Community Trades for Over $63 Mil
8/22/25
Archstone Redmond Lakeview Apartments, a 166-unit garden-style multifamily community in Redmond, WA traded hands in a $63.25 mil ($381k/unit) transaction. Built in 1987, the property is located at 4250 West Lake Sammamish Pkw...
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• Commercial Real Estate Financing Briefs
8/21/25
BWE – Mike Guterman with BWE secured $43.4 mil in acquisition financing for Villa Del Mar, a 198-unit, four-building, three-story luxury apartment community along with 209 adjacent marina boat slips located in Marina del Rey....
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• Seattle Multifamily Property Trades for $19 Mil
8/20/25
Cornelius Apartments, a 137-unit property in Seattle, traded for $19 mil ($139/unit). The property is located at 306 Blanchard Street in Seattle’s Belltown neighborhood.
Built in 1925, the classic brick nine-story building f...
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• 29th Street Living Awarded Management Responsibilities for Two Houston Res Communities
8/18/25
The Brem Group has awarded the property management assignment for two premier Houston apartment communities to 29th Street Living. The properties are Peri on Westheimer, located at 13328 Westheimer Rd, and The Milo on Westhei...
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• Work Started on $140 Mil Affordable Housing Project in San Diego’s Mission Valley Area
8/18/25
Wakeland Housing has broken ground on The Becker, a $140 mil affordable housing complex in San Diego’s Mission Valley submarket. The project, located at located at 6364 Village Drive, was designed by MVE + Partners and being ...
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• Construction Financing Secured for 104-Unit Santa Maria Multifamily Project
8/18/25
The Vernon Group has obtained $28.54 mil in construction financing for The Lofts, a 104-unit, Class A multifamily development located in downtown Santa Maria. Heritage Walk Lofts is a key component of Phase I in the Santa Mar...
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• Silicon Valley Senior Housing Community Trades
8/15/25
Loma Clara, an 89 licensed-bed, Class A seniors housing community in Morgan Hill, CA has traded hands. The property, built in 2018, was acquired by LTC REIT, who will retain Discovery Management as the operator of the propert...
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• Los Altos Luxury Condo Project Lands $28 Mil in Construction Money
8/15/25
40 Main Street Offices has secured $28.1 mil in construction money for development of 40 Main Street, a fully-entitled 15-unit luxury condo project in downtown Los Altos, CA. JLL’s Chris Gandy and Ethan Habecker arranged the ...
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• IPM Investments Buys Three-Property Portfolio in Tucson for $16 Mil
8/15/25
IPM Investments acquired a three-property, 295-unit multifamily portfolio in Tucson for $16 mil. The portfolio includes Royal El Con (150 units), Royal Palms (136 units), Villa El Con Casitas (nine casita-style units) and a 2...
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• Developer Spends $17 Mil on Las Vegas Res Development Site
8/14/25
In a recent Las Vegas deal, a 7.8-acre res development site traded for $17.1 mil. The property is located on the northeast corner of Maule Ave and Gagnier Blvd, along the 215 Beltway, adjacent to the thriving Durango Casino a...
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• CA Central Valley Apartment Property Sells for $278k/Unit
8/14/25
Manteca Golf & Tennis Villas, a 56-unit apartment community in the Central Valley city of Manteca, was purchased for $15.6 mil ($278.5k/unit) by a 1031 exchange investor.
The property, located at 367 North Union Rd, is adjac...
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• VDM Partners Finances Marina del Rey Res Buy with $43 Mil Loan
8/13/25
VDM Partners obtained $43.4 mil in acquisition financing for Villa Del Mar, a 198-unit, four-building, three-story luxury apartment community and 209 adjacent marina boat slips located at 13999 Marquesas Way in Marina del Rey...
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• Kennedy Wilson-Led Fund Spends $80 Mil on Seattle Res Community
8/12/25
A commingled fund managed by Kennedy Wilson has acquired Pratt Park Apartments, a 248-unit multifamily asset in Seattle, for $80.4 mil ($324.2k/unit). Kennedy Wilson has a 14% interest in Pratt Park through the commingled fun...
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• Portland Res Communities Refinanced with New Loan for $169.7 Mil
8/12/25
Willamette Tower and The Olivia, two luxury multi-housing communities located in Portland, OR, have been refinanced with a new, three-year bridge loan for $169.7 mil. The financing was funded through TPG Real Estate Credit, t...
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• Weidner Apartment Homes Buys 349-Unit Multifamily Property in Austin, TX
8/11/25
Washington-based Weidner Apartment Homes purchased Alden at Cedar Park, a 349-unit, core mid-rise multifamily asset in the fast-growing Cedar Park suburb northwest of Austin, TX. The deal marks Weidner’s first acquisition in ...
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• Downtown Long Beach Res Tower is Being Offered for Sale
8/11/25
Ocean Center, a 14-story residential property in downtown Long Beach, is being offered for sale. Built in 1929, the 80-unit tower at 110 West Ocean Blvd totals 141.8k sf and is currently 60% occupied. The coastal property, wh...
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• 200-Unit Multifamily Property in Pasadena Sells
8/11/25
Avila Apartments, a 201-unit Class A multifamily property at 75 West Walnut St in Pasadena, has traded hands in a recent deal. The asset was sold by Greystar.
Built in 2018, the property offers studios, one- and two-bedroom ...
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• Covina Apartment Community Sells for $21 Mil
8/08/25
Pacific Trails, an 84-unit apartment community in Covina, was purchased by a Los Angeles-based private investment firm for $21 mil ($250k/unit) in a recent transaction. The asset was sold by RPK Development, who had owned the...
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• LA Investment Entity Makes $35 Mil Seattle Res Buy
8/08/25
A three-property multifamily portfolio totaling 215 units in Seattle has sold for $35.2 mil ($163.7k/unit). The buyer was Vista Investment Group, a Los Angeles-based firm making its first multifamily acquisition in the Seattl...
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