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March 11, 2026
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MULTIFAMILY NEWS
Archive
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• Commercial Real Estate Financing Briefs
9/03/25
GANTRY -- Mark Ritchie and Austin Ridge with Gantry arranged a $26.05 mil bridge loan to refinance maturing debt for the Civic Center Plaza retail center located in Simi Valley, CA on behalf of a private real estate operator....
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• Seattle Multifamily Property Acquired for $5.9 Mil by Affordable Housing Investment Group
9/03/25
Honeysuckle Apartments, a 30-unit multifamily property in Seattle’s Capitol Hill neighborhood was acquired for $5.93 mil ($198k/unit) by a group of affordable housing investors including Great Expectations SPC, a Seattle-base...
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• Purchase of Ovation at Galatyn Park Marks MG Properties’ First Res Community in Texas
9/02/25
MG Properties has closed on its initial acquisition in Texas, Ovation at Galatyn Park, a luxury apartment community located in Richardson, a thriving suburb of Dallas. Built in 2024, the 361-unit property is located at 2323 P...
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• Silicon Valley Res Portfolio Trades for $13.4 Mil
9/02/25
A Silicon Valley multifamily portfolio consisting of three properties totaling 33 units traded hands in a deal valued at around $13.4 mil ($406k/unit). The assets are located in Menlo Park, Santa Clara, and Sunnyvale. One of...
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• Pasadena Multifamily Asset Goes for $430k/Unit
8/29/25
ADC Real Estate Group LP, an affiliate of Amoroso Companies acquired ALUR Apartments, a 51-unit boutique multifamily community in Pasadena, for $22 mil, or $431.4k/unit. Built in 1987 and renovated in 2021, the property is lo...
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• Mixed-Use Asset in Encino Trades
8/28/25
A 57k sf, mixed-use property located at 16300 Ventura Blvd in Encino has traded hands. The building, situated at the corner of Ventura and Libbit Ave, consists of 49 res units over two ground-floor commercial units. The prop...
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• Helio Group Refinances Newly Built L.A.-Area Res Project with New Loan for $58 Mil
8/28/25
Helio Group has landed a $58 mil refi loan on Arya Apartments, a newly built 119-unit Class A multi-housing community on Los Angeles’ westside, near downtown Culver City. The property is located at 10700 Tabor St, north of Ve...
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• Helio Group Obtains $92 Mil in Construction Money for Culver City Res Development
8/26/25
Helio Group has secured a $92 mil construction loan for development of Aston Residences, a to-be-built, 190-unit, Class A multi-housing project in Culver City. Jeff Sause, Chad Morgan, Jacob Michael and Danny Ryan with JLL Ca...
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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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