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• Apartment Sale in Evans, CO Works Out to $166k/Unit
6/06/25
Two fourplex apartment buildings in Evans, CO were acquired by a private investor in a $1.33 mil transaction. The transaction, which works out to roughly $166k/unit, marks the highest price-per-unit of a multifamily sale in E...
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• Apartment Building in San Francisco’s Pacific Heights Neighborhood Sells for $419k/Unit
6/06/25
An 18-unit, trophy multifamily asset in San Francisco’s prestigious Pacific Heights neighborhood sold for $7.535 mil. The deal for the fully leased property works out to approximately $418.5k/unit and $410/sf, roughly 30% bel...
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• Fontana Townhouse Res Property Sells for Over $400k/Unit
6/06/25
A 14-unit multifamily property in Fontana traded for $6.15 mil, or $439k/unit. Built in 2024, the property is located at 9223 Cypress Ave, east of I-15 between Foothill Blvd and I-10.
The property consists of all townhouse-s...
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• Downtown Phoenix Multifamily Portfolio Acquired by Regent Properties for $90 Mil
6/05/25
A three-property multifamily portfolio in Downtown Phoenix, totaling 323 units was acquired by Regent Properties in a $90 mil transaction. The portfolio includes Linear (104 units), iLuminate (111 units) and The McKinley (108...
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• Rents Rise, Vacancy Falls, and Investment Recalibrates in the Inland Empire Multifamily Market
6/04/25
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q1 2025, the Inland Empire’s multifamily housing market reflected shifting dynamics. Vacant units declined 7.5% quarter-over-quart...
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• Two-Property Fontana Apartment Portfolio Sells for $30.5 Mil
6/04/25
A 96-unit multifamily portfolio consisting of two newly constructed apartment communities in Fontana traded hands for $30.5 mil. The acquisition was financed with a new loan of $20.5 mil arranged by JLL Capital Markets.
One ...
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• MBK Rental Living Starts Construction on 330-Unit Res Project in Murrieta
6/03/25
MBK Rental Living has begun work on the apartments at Vintage Farms, an $80 mil residential village in the Inland Empire city of Murrieta. The village will contain 330 market-rate and luxury apartments spread across 11 buildi...
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• Oaktree Capital Management and TruAmerica Multifamily Secure $255 Mil Refi on Four-Property Apartment Portfolio
6/03/25
A four-property multifamily portfolio owned by funds managed by Oaktree Capital Management L.P. and TruAmerica Multifamily was refinanced with a new loan for $255.25 mil. The properties contain a combined 1,324 units and are ...
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• Manova Partners Buys San Mateo Mixed-Use Property
6/02/25
Manova Partners has acquired Parallel on Fourth, a fully-leased, mixed-use property in downtown San Mateo. The property, located at 405 East 4th Ave, consists of 15 residential units above 62.3k sf of Class A office space and...
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• Res Community in Seattle’s First Hill Neighborhood Trades Hands
5/30/25
Union Park, an 84-unit apartment community in Seattle’s First Hill neighborhood, has been sold in an off-market transaction. The property is located at 1310 Minor Ave, just east of I-5. The price was not disclosed.
The prope...
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• Luxury Res Development in L.A.’s Koreatown Lands $220 Mil in New Financing
5/29/25
A Jamison Properties LP affiliate has landed $220 mil in new financing for Opus, a newly constructed 428-unit luxury apartment project in L.A.’s Koreatown neighborhood. The property, located at 3545 Wilshire Blvd, encompasses...
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• Multifamily Community in San Jose Trades for $19 Mil
5/28/25
Lakewood Court Apartments, a 48-unit multifamily community in San Jose, traded hands in an $18.9 mil ($394k/unit) transaction. The asset was sold by a private investor in an all-cash deal as part of a 1031 exchange transactio...
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• McKinney Capital Lands New Financing of $6 Mil on Catalina Hotel Property
5/27/25
A McKinney Capital entity secured a $6 mil bridge loan one the Hermosa Hotel & Apartments on Southern California’s Catalina Island. The loan proceeds will retire existing debt at the century-old property, located at 131-171 M...
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• Hollywood Apartment Property Offered for Sale at $267/Unit
5/26/25
In news of an interesting multifamily listing in Hollywood, The Casa Palmera, a 60-unit property, has been put on the market with an asking price of $16 mil, or $267/unit. The property is located at 1843 N. Cherokee Ave, nort...
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• Encinitas Multifamily Undergoes Extensive Renovation that Includes the Addition of Two Accessory Dwelling Units
5/22/25
RAF Pacifica Group has completed the renovation of Seaside Commons, a 26-unit multifamily asset located at 1201 N. Vulcan Ave in Encinitas. In addition to the interior and exterior upgrades on the existing structure, RPG also...
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• Court-Appointed Receiver Douglas Wilson Companies to Implement $70 Mil Improvement Plan at Park Merced Res Community in San Francisco
5/21/25
Douglas Wilson Companies (DWC), the court-appointed receiver of Parkmerced, the 3,221-unit community located in the southwest corner of San Francisco, has taken control of the property from the owner who defaulted on its $1.8...
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• Reno Firms CloudTen Residential and Gaston Wilkerson Merge into a Single Residential Management
5/21/25
Reno, NV-based CloudTen Residential has merged with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees and over 8,000 units throughout ...
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• WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P.
5/19/25
WNC & Associates has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 mil fund which includes 26 multi-family properties across 17 states.
“WNC remains deeply committed to addressing the affordable hous...
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• Hines Pays $684k/Unit for Silicon Valley Multifamily Asset
5/15/25
In a Silicon Valley multifamily trade, Hines has acquired Levare, a 108-unit residential property in San Jose’s Santana Row area, for $73.9 mil ($684k/unit). The property, located at 3003 Olin Rd, south of Stevens Creek Blvd ...
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• Empire Group Lands $79 Mil Refi on AZ Build-to-Rent Development
5/14/25
Scottsdale, AZ-based Empire Group has obtained a $79.5 mil refi loan on Village at Bronco Trail, a new 354-unit BTR development in the Phoenix market. The roughly 30-acre Village at Bronco Trail site at 29th Ave at Sonoran De...
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