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• Planned 261-Unit AZ Res Development Lands $58 Mil in Construction Money
5/13/25
A new, upscale 261-unit res project in Gilbert, AZ is one step closer to completion as the developer, Artom Holdings LLC, secured a $58 mil construction loan from PCCP LLC for the Class A development. The 220.6k sf project, T...
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• PCCP Closes 1,770-Unit Bay Area Multifamily Buy
5/13/25
In a large Bay Area multifamily trade, PCCP has acquired a 23-property portfolio for $540.5 mil. The portfolio, which consists of 1,770 units ($305k/unit) in 76 buildings, was sold by Veritas and Ivanhoé Cambridge.
The prope...
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• MC Companies Buys 282-Unit Res Asset in Scottsdale
5/12/25
Scottsdale-based MC Companies has purchased The Core Scottsdale, a 282-unit, Class A luxury multifamily community in North Scottsdale. The asset, located at 15333 Hayden Rd, was sold by a Canadian-based institutional investor...
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• Entrada Partners Picks Up 70-Unit Student Housing Community in Austin, TX
5/12/25
Entrada Partners has acquired 24Longview – a 70-unit, 243-bed, student housing community in Austin, TX. The property is located at 2401 Longview St, east of Hwy 1 and adjacent to the University of Texas at Austin. This is Ent...
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• Baldwin Park Apartment Property Sells for $262k/Unit
5/12/25
Aa 24-unit multifamily community in Baldwin Park sold for $6.3 mil, or $262.5k/unit. The property is located at 3541-3545 Big Dalton Ave, east of I-605 and just north of I-10, in the heart of the San Gabriel Valley.
The prop...
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• Colorado Multifamily Building Sells for $237.5k/unit
5/09/25
An eight-unit multifamily building in Longmont, CO traded for $1.9 mil, or $237.5k/unit. The property, located at 3043 17th Ave, fetched the highest price-per-unit sale in Longmont so far in 2025.
The building was built in 1...
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• TGM Closes $90 Mil AZ Multifamily Buy
5/08/25
In an Arizona multifamily buy, New York-based TGM acquired Ocotillo Bay, a 296-unit res community in Chandler, for $90.5 mil, or about $305k/unit. The asset was sold by a national fund manager.
Built in 1997, Ocotillo Bay is...
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• Newly Developed Res Project in L.A.’s Koreatown Neighborhood Lands $22.8 Mil Bridge Loan
5/07/25
EGC Real Estate Group has obtained a $22.8 mil cash-out bridge loan on Mosaika, a newly developed 63-unit residential condominium project in Los Angeles’ Koreatown neighborhood. The project sits on .34 acres at 904 to 906 S. ...
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• Raintree Partners Underway with Trio of San Diego Area Res Developments Totaling 498 Units
5/06/25
Raintree Partners is developing three new contemporary Class A multifamily communities in San Diego County at a total investment of about $225 mil. Totaling 498 units, the luxury properties encompass: Treehouse, a 107-unit de...
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• The Sobrato Organization Closes $193 Mil Res Buy in the Pacific Northwest
5/02/25
The Sobrato Organization has closed on a major residential buy in the Pacific Northwest, paying $192.85 mil for Soma Towers, a 273-unit ($706.4k/unit) multifamily community in Bellevue, WA. While Sobrato owns other multifamil...
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• Historic Denver Bed & Breakfast Property is Listed for Sale
5/02/25
Lumber Baron Inn, a historic Bed & Breakfast and Event Center, in Denver, Has been listed for sale. Located at 2555 W. 37th Ave in Denver’s Potter-Highlands neighborhood, the three-story Victorian mansion was built in 1890 an...
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• Upscale Multifamily Property in Beverly Hills Hits the Market
5/01/25
An upscale, 24-unit multifamily property in Beverly Hills has been offered for sale at an asking price of $18.45 mil, which averages out to about $769k per unit. The 40.9k sf property is located at 303 N Swall Dr, south of Bu...
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• Meritage Homes Spends $19 Mil on Vacant Santa Ana Office Building for a Res Conversion Project
5/01/25
Meritage Homes has purchased a vacant 111.5k sf office building at 2020 E. First St in Santa Ana, between I-5 and the 55 Fwy, for a residential conversion project. The asset was sold for $19.2 mil by Harbor Associates LLC aft...
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• Downtown San Diego Res Community Lands $110 Mil Refi
5/01/25
Stanza Little Italy, a Class A, 270-unit, 22-story multifamily community in Downtown San Diego, has been refinanced with a new senior loan for $110 mil. The money was provided by PCCP LLC.
Located at 310 A St, Stanza offers...
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• WNC & Associates Closes $119 Mil Equity Fund
4/30/25
WNC & Associates has just closed its WNC Institutional Tax Credit Fund X California Series 22, L.P. (CA22), which includes seven multifamily properties across California. With CA22, a $119 mil equity fund, WNC is partnered wi...
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• Community Preservation Partners Picks Up Los Angeles Affordable Housing Property with Plans to Renovate and Upgrade the Asset
4/25/25
CPP (Community Preservation Partners) recently acquired Witmer Manor, a 238-unit affordable housing complex in Los Angeles, with plans to renovate the property. This comes on the heels of CPP’s recent acquisition of Ram...
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• Tower 16 Capital Partners and Raith Capital Partners Pay $48 Mil for 166-Unit AZ Build-to-Rent Asset
4/24/25
Tower 16 Capital Partners and Raith Capital Partners have acquired Sanctuary at South Mountain, a 166-unit horizontal Build-to-Rent (BTR) property located near South Mountain in Phoenix. The property, built in 2023, traded fo...
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• 65-Unit Lake Forest Senior Multifamily Development is Completed
4/22/25
The Meadows Senior Apartments in Lake Forest, a new, 65-unit affordable housing community for residents 62 years and older, just opened its doors to the public. Offering affordable units designed for seniors earning from 30% ...
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• San Francisco Apartment Tower Trades in $40 Mil Deal
4/21/25
A partnership between Presidio Bay Ventures and Artemis Real Estate Partners closed on the purchase of Olume Apartments, a 121-unit multifamily asset in just outside San Francisco’s Civic Center area. The 12-story property tr...
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• Christiansen Ventures Picks Up 280-Unit Res Community in Phoenix
4/18/25
Christiansen Ventures LLC acquired Broadstone Uptown PHX, a 280-unit luxury multifamily community in Phoenix, for $87 mil ($310.7k/unit). The seller was Alliance Residential Company.
Completed by Alliance Residential in 2024...
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