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September 15, 2026
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MULTIFAMILY NEWS
Archive
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• San Diego Seniors Affordable Housing Community Trades for $373k/Unit
2/17/26
Lakeshore Villa Apartments, a 126-unit senior affordable community in San Diego, traded hands in a $47 mil ($373k/unit) transaction. The asset, located at 6888 Golfcrest Dr, was sold by Arka Properties and Black Equities. La...
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• Santee Multifamily Property Traded in $26.5 Mil Transaction
2/17/26
La Roca Plaza, a 100-unit multifamily property in Santee, sold for $26.5 mil, or $265k/unit. The property, located at 10032 North Magnolia Ave, was acquired by Casa La Roca Apartments LLC. Situated on 4.62 acres, La Roca Pla...
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• Investors Trade 18-Unit San Diego Apartment Property
2/16/26
Signal Peak LLC picked up an 18-unit multifamily property in San Diego. Built in 1986, the property, Las Palmas, is located at 3864 35th St, just east of I-805 at University Ave. The price was not given out. The three-story ...
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• Affordable Multifamily Property in Mojave Goes for $55k/Unit
2/16/26
Pro Residential Services Inc paid $8.91 mil for Park Palace Apartments, a 162-unit ($55k/unit) affordable multifamily property in the city of Mojave. The asset, located at 16193 and 16197 H St, was sold by Park Palace One Apt...
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• Housing Authority of Snohomish County Pays $77.5 Mil for WA Multifamily Community
2/13/26
The Housing Authority of Snohomish County (HASCO) acquired a 240-unit res community in the WA city of Lynnwood in a recent $77.5 mil ($323k/unit) transaction. The newly constructed property, Allegro Lynnwood, is located at 16...
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• Res Property in L.A.’s Hollywood Hills Area Sells for $145k/Unit
2/12/26
Claire Manor Apartments, a 34-unit multifamily property in Los Angeles, was acquired by a private investor in a $4.92 mil ($144.8k/unit) deal. The property is located at 2131 North Cahuenga Blvd, adjacent to the 101 Fwy in th...
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• Two Newly Built Res Communities in Phoenix are Refinanced with Loans Totaling $64 Mil
2/12/26
Two newly constructed luxury build-to-rent communities in Phoenix's West Valley have been refinanced in separate deals totaling $64.3 mil. The properties, Villas Litchfield and Villas Goodyear, are owned by an affiliate of Bl...
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• Scottsdale, AZ Condo Trades at Record Price of Over $500k/Unit
2/11/26
Eclipse Luxury Condominiums, a 20-unit multifamily property in Scottsdale, AZ, has a new owner after a recent $10.275 mil sales transaction. The property, located at 1401 N. Granite Reef Rd, achieved a price of $513.8k per un...
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• Recently Built Oceanside Res/Retail Property Trades for $14.4 Mil
2/11/26
The Flats, an 18-unit multifamily property with two ground-floor retail spaces in Oceanside, traded hands in a $14.425 mil deal. The property, located at 1931 South Coast Highway, was acquired by Dan and Cynthia Kronemyer Fam...
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• Murphy Development Company Idaho Picks Up 77 Acres in Nampa, ID for 1,492-Unit Development
2/09/26
Murphy Development Company Idaho (MDCI) acquired two properties totaling 77 acres in Nampa, ID. The sites are located along Ustick Rd and North Can-Ada Rd, marking the firm’s initial acquisition in one of the Treasure Valley’...
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• Apartment Property in Arvada, CO Trades at $240k/Unit
2/05/26
An eight-unit apartment community in Arvada, CO traded for $1.925 mil, or $240.6k/unit, in a deal we’re told marks the highest price-per-unit sale in Arvada in over two years outside of new construction projects. Located a ha...
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• Shopoff Realty Investments Acquires Remaining 57.5 Acres of the Westminster Mall Ahead of New Mixed-Use Redevelopment Planned for the Site
2/05/26
Shopoff Realty Investments has acquired the balance of the Westminster Mall in Westminster, totaling an additional 57.5 acres, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Shopoff previously acq...
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• Sacramento Multifamily Property Lands $30 Mil Refi Loan
2/05/26
Tuscaro Apartment Homes, a 296-unit, garden-style apartment complex in Sacramento’s Natomas neighborhood, was refinanced with a new permanent loan for $30 mil. The asset is owned by a private real estate investment group. Lo...
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• Two La Habra Multifamily Sales Have a Combined $12.2 Mil Price Tag
2/04/26
We’ve got two recent multifamily property sales with a combined price of $12.25 mil to report in La Habra, CA. The properties, totaling 38 units, were traded in separate deals with different buyers. Dan Blackwell and Amanda F...
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• Cityview and Stockbridge Wrap Up Work on 265-Unit Res Project in L.A.’s South Bay
2/04/26
Work has been completed on Apollo – a 265-unit multifamily community in Gardena. The project, a development of Cityview and Stockbridge, is located at 12888 Crenshaw Blvd in a rapidly growing part of L.A.’s South Bay near maj...
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• MG Properties Spends $91 Mil on San Diego Res Community
2/03/26
MG Properties has purchased Dylan Point Loma Apartments, a 180-unit multifamily community located in the highly sought-after Point Loma neighborhood of San Diego, for $91 mil, or $505k/unit. Located at 2930 Barnard St, the pr...
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• Newly Built Azusa Res Community Sells for Over $400k/Unit
2/02/26
Lumia, a newly constructed, 127-unit mixed-use multifamily community in the San Gabriel Valley city of Azusa, traded hands in a $53 mil deal, which works out to $417k/unit. The property is located at 850 N Azusa Ave, north of...
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• Ballast Pays $22.8 Mil for 55-Plus Manufactured Housing Community in Washington
1/30/26
Ballast has acquired Serene Terrace, a 55-plus, manufactured housing community in Lynwood, WA, within the Seattle metropolitan area, for $22.8 mil. Serene Terrace includes 131 sites and is currently 90% occupied. Ballast ha...
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• JPI Breaks Ground on $150 Mil Mixed-Use Project in Long Beach
1/29/26
JPI has broken ground on Portico, a 272-unit, mixed-use development in Long Beach. The $150 mil project represents the first phase of a 900-unit master plan to redevelop the Mosaic shopping center, formerly known as City Plac...
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• Hines Entity Buys 235-Unit Res Community in Oxnard for $105 Mil
1/28/26
Tempo at Riverpark Apartments, a 235-unit res community in Oxnard, was purchased by a Hines venture in a $105 mil ($447k/unit) transaction. The asset was sold by Bascom Northwest Ventures LLC-led partnership. Tempo at Riverp...
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