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• Kennedy Wilson Lands $183 Mil Construction Loan for South San Francisco Res Development
7/30/25
Kennedy Wilson has secured a $183 mil senior construction loan for construction of Alexan Icon, a 480-unit, two-building multifamily development in South San Francisco. The loan was provided to a joint venture of repeat Kenne...
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• High Street Residential and MetLife Investment Management to Build a 189-Unit Res Project in Scottsdale, AZ
7/30/25
High Street Residential has announced plans to build a three-story, 189-unit Class A multifamily development in Scottsdale, AZ. The project, Shea Residences, is being developed with JV partner MetLife Investment Management an...
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• Concord Capital Partners Buys Historic Park Wilshire Apartment Property Along L.A.’s Wilshire Corridor
7/28/25
Concord Capital Partners has acquired The Park Wilshire, an iconic 170-unit multifamily building situated along Los Angeles’ historic Wilshire corridor between Koreatown and downtown Los Angeles. Built in 1923, the building s...
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• RPM Living Investments Buys 341-Unit Luxury Res Community in San Antonio
7/25/25
RPM Living Investments purchased Heritage Plaza, a 341-unit, Class A apartment community in downtown San Antonio, TX. The acquisition was financed with a $42 mil senior loan provided by PCCP.
Built in 2020, Heritage Plaza is...
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• Two Bay Area Res Properties Traded for $56 Mil as Part of a 1031 Exchange
7/24/25
In recent multifamily investment news from the Bay Area, two properties totaling 180 units traded in a $55.8 mil 1031 exchange transaction. The properties were Villa De Wright, a 72-unit multifamily asset in Mountain View tha...
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• 192-Unit AZ Res Community Acquired by Pillar Communities and Private Portfolio Group
7/24/25
Pillar Communities and Private Portfolio Group have acquired Huxley Scottsdale, a 192-unit luxury multifamily community located in North Scottsdale, AZ. The deal marks the companies’ 36th acquisition in the Phoenix area since...
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• Two Apartment Property Trades in L.A.’s Los Feliz Neighborhood Total $9.2 Mil
7/23/25
Two multifamily properties in Los Angeles’ Los Feliz neighborhood with a combined 41 units sold in separate deals totaling $9.225 mil. The properties, located at 2028–2030 Rodney Drive and 2040 Rodney Drive, were sold by the ...
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• Costa Mesa Multifamily Property Sells for $435k/Unit
7/23/25
A 22-unit multifamily property in Eastside Costa Mesa traded in a $9.57 mil transaction. This is the first time on the market in more than 25 years for the property, located at 313 and 325 East 17th Place, just east of the 55...
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• Washington Multifamily Property Gets New Owner in $25 Mil Deal
7/21/25
In a recent multifamily comp out of Washington, Village on Broadway, a 148-unit multifamily community in Spokane Valley, sold for $25.5 mil, or $ 172k/unit. The property is located at 12623 E Broadway Ave, south of I-90 and e...
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• Student Housing Asset in Reno, NV Sells for $14 Mil
7/18/25
LEV Apartments, a 129-unit student housing property in Reno, NV, was purchased for $14 mil ($108.5k/unit) by a private real estate investment firm from Sacramento. The 43k sf property consists of seven buildings across 2.6 ac...
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• 29th Street Investment Closes $4.5 Mil Preferred Equity Investment in a Houston Multifamily Asset
7/17/25
29th Street Finance has made a $4.5 mil preferred equity investment in Milo on Westheimer, a 2015 vintage, 230-unit Class A multifamily property in Houston, TX. This preferred equity investment is subordinate to a Freddie Mac...
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• Apartment Property in L.A.’s Brentwood Neighborhood Sells for $667k/Unit
7/16/25
A 27-unit luxury multifamily property in the upscale Brentwood neighborhood on Los Angeles’ westside was acquired for $18 mil ($667k/unit) by a private investor. The property is located at 818 Gretna Green Way, west of the 40...
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• Downtown San Diego Res Community Lands $98 Mil Refi
7/15/25
Radian, a 241-unit Class A multifamily property in downtown San Diego, has been refinanced with a new loan for $98 mil. The property, located at 675 Ninth Ave, just east of the city’s popular Gaslamp Quarter, is owned by a pa...
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• Initial Homes Finished at 283-Unit Build-to-Rent Community in North Phoenix
7/11/25
Sunbelt Holdings, a Scottsdale-based master-planned community developer, Rockpoint, a Boston-based real estate private equity firm and Mosaic, a full-stack build-to-rent (BTR) development platform, have completed the first ho...
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• Work to Start on 19-Unit Affordable Housing Project in Carlsbad
7/09/25
WNC & Associates is set to begin construction on La Costa Family Apartments, a new affordable housing community in Carlsbad. The project is being built in partnership with Mirka Investments LLC, a San Diego -based affordable ...
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• Hanes Investment Realty Inc Purchases 89-Unit Res Property in Thousand Oaks for $27.4 Mil
7/08/25
Hanes Investment Realty Inc has purchased Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks, for $27.4 mil ($307.9k/unit). The asset was sold by Woodland Hills-based Lynn Villas LLC. The ac...
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• Silicon Valley Apartment Portfolio Fetches $18 Mil
7/08/25
A portfolio of three contiguous garden-style multifamily buildings totaling 59 units on Bellomy Street in Santa Clara has traded for $18 mil, or $305k/unit. The Bellomy Street Portfolio sits on 1.59 acres at 1962, 1972, and 1...
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• Denali Apartments Spends $35 Mil on AZ Res Asset
7/02/25
Denali Apartments LLC has acquired Seventh, a 286-unit apartment community in North Central Phoenix, in a $34.75 mil ($121.5k/unit) transaction. The property had been owned and operated by the seller since 2021, during which ...
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• Two Hollywood Multifamily Properties Trade in $23 Mil Worth of Deals
7/02/25
Two multifamily properties with a combined 68 units in Hollywood traded hands in separate deals totaling $23 mil. The properties -- Mansfield Terrace and Palms View – were both sold by Omninet. Located west of Highland Ave, ...
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• Bell Partners Buys 400-Unit Colorado Res Community
7/01/25
Bell Partners has acquired Montane Apartments, a 400-unit apartment community located in Parker, CO. The property was acquired on behalf of the Company’s Bell Value Add Fund VIII and will be renamed Bell Parker Ranch.
Comple...
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