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• Affordable Housing Project in Buena Park Breaks Ground
2/20/25
C&C Development and Riverside Charitable Corporation have broken ground on Lincoln Avenue Apartments, an affordable housing community in Buena Park that will serve families and veterans in need. Planned for four, three-story ...
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• Continental Realty Group Entity Pays $230k/Unit for AZ Res Community
2/19/25
Copper Point Apartments, a 107-unit multifamily community in Mesa, AZ, was purchased for $24.65 mil ($230.4k/unit) by Continental Realty Group, through its subsidiary Continental Realty Assets Ltd ("CRA"), a Denver-based mult...
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• Community Preservation Partners-Led Venture Acquires 60-Unit Affordable Housing Property in Bakersfield
2/19/25
CPP (Community Preservation Partners), in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has acquired Sundance Apartments, a 60-unit affordable housing complex in Bakersfield. The venture...
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• Ontario Apartment Property Picked Up by Foreign Investor in $17.4 Mil Transaction
2/19/25
Willow Townhomes, a newly constructed 39-unit building in Ontario, was acquired by a foreign investor in a $17.4 mil ($446.2k/unit) deal. The property is located at 221 North Mountain Ave, south of I-10 and west of Euclid Ave...
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• New Affordable Housing Project for Transitional Age Youth Opens Its Door
2/18/25
The Aspire, a new 33-unit affordable housing community in the City of Riverside, has opened its doors. The community, a development of Innovative Housing Opportunities, is located at 3893 Third St, at the corner with Fairmoun...
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• San Francisco Res Project Lands $108 Mil in Structured Debt
2/11/25
Presidio Bay Ventures has obtained $108.3 mil in structured debt to retire maturing construction financing for the Ventana Residences, a 193-unit, Class A multifamily community located at 99 Ocean Ave in San Francisco’s Outer...
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• Clear Capital’s Scarlett Jia Tames Wins 2025 NMHC Young Guns Pitch Competition
2/10/25
Scarlett Jia Tames, Vice President of Acquisitions at Clear Capital, won the 2025 NMHC Emerging Leaders Young Guns Pitch Competition at the National Multifamily Housing Council (NMHC) Annual Meeting held at the ARIA Resort & ...
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• Work Completed on 97-Unit OR Res Project
2/10/25
Construction is now complete on Arts Plaza Apartments, a four-story, 97-unit mixed-use building in Gresham, OR. The $26 mil project, a development of Gibbins Kaplan Development and Capstone Partners, is located at 492 N.E. Se...
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• MG Properties Wraps Up $309 Mil Res Buy in Downtown San Diego
2/06/25
MG Properties recently completed its purchase of Park 12 Apartments, a 718-unit, 35-story high-rise residential community in downtown San Diego, in a $309 mil transaction. The property was sold by Greystar.
The acquisition c...
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• Apartment Property in L.A.’s Mar Vista Area Sells for $429k/Unit
2/05/25
Mar Vista Lofts, a well-maintained 21-unit multifamily building in Los Angeles’ Mar Vista neighborhood, traded hands in a $9 mil ($428.5k/unit) deal. Constructed in 2012, the property sits on a double lot located at 3992-3996...
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• BKREA Chairman Bob Knakal Joins Host Michael Bull in Recent Episode of America's Commercial Real Estate Show
2/03/25
America's Commercial Real Estate Show, featuring host Michael Bull and BKREA Chairman and CEO Bob Knakal discussing commercial and multifamily market expectations for 2025. Discussions include transaction volume and office tr...
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• J. Fisher Companies Lands $60 Mil Loan for Salt Lake City Res Development
2/03/25
J. Fisher Companies is set to start work on The Edison, a seven-story, 201-unit multifamily community in Salt Lake City, after securing a $60 mil senior loan for the project. The loan was provided by PCCP.
The development is...
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• Pathfinder Partners Spends $31 Mil on Washington Multifamily Buy
1/31/25
Pathfinder Partners has purchased Cedardale, a 126-unit multifamily community in Federal Way, WA, a suburban neighborhood located between Seattle, Tacoma and the Kent Valley. The property, located at 2501 SW 336th St, sold fo...
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• KB Home Las Vegas Buys 110-Acre Dev Site in Henderson for $90 Mil
1/30/25
KB Home Las Vegas Inc purchased a 110-acre, prime development site within the Whitney Ranch Planning Area of Henderson, NV, in a $90 mil transaction. The land, located at the northeast corner of Stephanie St and Galleria Dr, ...
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• ColRich Multifamily Buys 248-Unit Apartment Property in Fort Collins, CO
1/29/25
ColRich Multifamily has purchased Courtney Park, a 248-unit garden apartment community in Fort Collins, CO, for $64.1 mil ($258.5k/unit). The property was sold by JRK Property Holdings.
Located at 4470 S. Lemay Ave, the prop...
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• Multifamily Brokerage Team of Art Carll, Michael Albanese and Breah Sims has Joined Cushman & Wakefield
1/29/25
The multifamily brokerage team of Art Carll, Michael Albanese and Breah Sims has joined Cushman & Wakefield, out of the firm’s Las Vegas office. Serving investors and developers, the three-member veteran team will specialize ...
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• Tower Capital Arranges $100 Mil in Construction Financing for Two Sunbelt BTR Developments
1/28/25
Tower Capital arranged nearly $100 mil in construction financing for the development of two build-to-rent (BTR) communities in Phoenix and Dallas, on behalf of two separate borrowers. Tower Capital’s Kyle McDonough, George Ma...
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• Pacific Urban Investors Picks Up 250 Res Units in Downtown San Diego
1/28/25
Pacific Urban Investors acquired two multifamily communities in downtown San Diego totaling 251 units. The properties –– are located at 655 Sixth Ave and 677 Seventh Ave, respectively.
Both properties were completed in the ...
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• The Bascom Group LLC and Oaktree Capital Management-Managed Account Close $126 Mil Sacramento Area Res Buy
1/27/25
The Bascom Group LLC, in partnership with funds managed by Oaktree Capital Management L.P. has acquired The Strand, a 408-unit newly built institutional quality multifamily community located in the highly desirable submarket ...
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• Universe Holdings Collects $10 Mil from Sale of Two Multifamily Properties in L.A.’s South Bay
1/27/25
Universe Holdings sold two apartment properties totaling 32 units in L.A.’s South Bay area for a combined price of $10.1 mil.
One of the properties, Space Odyssey, a 14-unit building in Hawthorne, sold for $4.2 mil, or $300...
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