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• Trammell Crow Company Picks Up San Fernando Valley Site for 350-Unit Res Project
6/20/24
Trammell Crow Company has purchased a 4.78-acre site in the San Fernando Valley with plans to build a residential development on the property. High Street Residential, TCC’s residential subsidiary, will develop the 350-unit m...
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• Cityview Buys 130-Unit Bay Area Res Community
6/19/24
Cityview has acquired Tralee Village Apartments, a 130-unit multifamily project in the Bay Area city of Dublin. The three-story project is spread across two buildings and sits above more than 30k sf of curated ground-floor re...
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• New 315-Unit Res Development in Anaheim Starts Preleasing
6/19/24
Preleasing is underway at Zia, a five-story, wrap-style apartment community located in central Orange County. Offering upscale living with easy access to downtown Anaheim, Interstate 5, and Disneyland, Zia will comprise 315 a...
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• Millburn & Company Buys 220-Unit AZ Multifamily Property
6/18/24
Landing at Fiesta Village, a 220-unit apartment property in Mesa, AZ, was acquired by. The asset was sold by a venture between Boston-based real estate private equity firm Rockpoint and P.B. Bell.
The Landing at Fiesta Villa...
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• Recently Built CO Res Community Refinanced with $34 Mil Loan
6/18/24
The Prime Company (“TPC”) has refinanced Oxford Vista, a recently built, 146-unit Class A multifamily property in the Denver suburb of Englewood, CO, with a new loan for $34 mil. The 30-month, floating-rate loan was provided ...
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• Res Development in L.A.’s Koreatown Recapitalized with New Loan for $21.6 Mil
6/17/24
EGC Real Estate Group has recapitalized Kanvas, its recently completed 67-unit apartment building in Los Angeles’ Koreatown submarket, with a new loan for $21.6 mil. Financing was arranged by Priority Capital Advisory and pro...
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• Nadia Geller Designs Completes Interior Design Project at DTLA Res Development
6/14/24
Nadia Geller Designs (NGD) has completed the interior design installation at Cityview’s Jasper, an apartment development in Los Angeles.
Located at 2528 S. Grand Ave in Los Angeles, on the northeast corner of W. Adams Blvd...
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• Landsea Homes Corp Acquires Huntington Beach Site for 129 New Homes
6/13/24
Landsea Homes Corporation purchased 129 homesites for a new all-electric community called Essex + Gage in Huntington Beach, CA. Land development has already begun, and the community will open for sale in spring 2025.
Situat...
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• Liv Communities and Rockefeller Group Wrap Up Work on AZ Res Community
6/13/24
A new 360-unit apartment community in Laveen, AZ has been completed and is now open to the public. The project, Sol38 by Liv, is a development of Liv Communities and Rockefeller Group.
Located at 3875 W. Dobbins Rd, Sol38 fe...
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• Los Angeles’ Multifamily Investment Market Picking Up as Investors Look to Move Capital Away from Office and Single-Family Products
6/12/24
This market sound bite provided by real estate services firm Avison Young
The Los Angeles multifamily investment market is picking up as major investors look to move capital away from office and single-family products, acco...
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• Huntington Beach Multifamily Property Trades for the First Time in Over 50 Years
6/12/24
Beachwood Apartments, an 18-unit multifamily community in Huntington Beach, was purchased by a private investor for $8.65 mil, or $480.5k/unit. Built in 1971, Beachwood Apartments sits on six lots totaling 17.6k sf at 125 16t...
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• Palladius Capital Management Acquires 694-Bed Student Housing Property in Texas
6/11/24
Palladius Capital Management has purchased The Luxx, a 220-unit, 694-bed student housing community in San Antonio, TX. The property is located at 6023 UTSA Blvd, within walking distance of The University of Texas at San Anton...
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• Berkeley Property Purchased for Student Housing Development
6/11/24
A development site of just under a half-acre in Berkeley, less than five blocks from the University of California, Berkeley, was acquired for development of a 52-unit, 232-bedroom student housing project. The 0.43-acre proper...
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• Chicago Multifamily Owner Buys 254-Unit Texas Res Asset
6/10/24
Sherman Residential, a Chicago-based owner and operator of luxury multifamily assets , closed on a Texas res buy, picking up Oaks on Marketplace, a 254-unit luxury multifamily community near I-35 in the city of Kyle. The prop...
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• Multifamily Asset in Sacramento’s Elk Grove Submarket Trades for $77 Mil
6/10/24
The Artisan, a 264-unit Class A apartment community in Sacramento’s Elk Grove submarket, was acquired by Weidner Apartment Homes for $77 mil, or $291.7k/unit.
The Artisan, completed in 2005, offers one-, two- and three-bedro...
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• Arizona Multifamily Community Purchased by Kairoi Residential / German American Realty Venture in a $161 Mil Deal
6/07/24
In a sizable institutional res buy in Arizona, a venture between Kairoi Residential and German American Realty, a fund and investment manager specializing in residential rental properties in the United States, acquired Carter...
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• Community Preservation Partners Picks Up Affordable Housing Project in Ellensburg, WA
6/06/24
CPP (Community Preservation Partners) has acquired Crestview Terrace, a 168-unit affordable housing development in Ellensburg, WA. Built in 1970, Crestview Terrace last underwent renovation in 2008, and has since experienced ...
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• Adjacent Res Fourplexes in Huntington Beach Generate Combined Price of $5.4 Mil
6/06/24
A private investor purchased two four-unit multifamily properties in Huntington Beach for a combined price of $5.425 mil. The seller is based in Huntington Beach, while the buyer is from Westminster.
This was the first time ...
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• Empire Group of Companies Lands $47 Mil for Construction of Texas Build-to-Rent Project
6/05/24
Empire Group of Companies has obtained $47.4 mil in non-recourse financing for construction of Village at Mayfair, a 217-unit Build-to-Rent community in New Braunfels, TX. The project will be situated on nearly 20 acres withi...
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• Landsea Homes Corporation Picks Up OC Sites for New Res Community
6/04/24
Landsea Homes Corporation has acquired 44 OC homesites for a new community called Mason in Anaheim. Land development has already begun, and sales are anticipated to start later this year.
Situated on the corner of Lincoln ...
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