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Waterford Property Company, The Vistria Group and Northern Liberties Acquire 395-Unit Multifamily Community in Dallas 3/21/24 Waterford Property Company, The Vistria Group and Northern Liberties, in partnership with the Dallas Housing Finance Corporation (DHFC), have acquired Domain at Midtown Park, a 395-unit class A multifamily community located ...
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Cityview Finishes Work on 378-Unit Res Project in Oakland’s Master-Planned Brooklyn Basin Area 3/20/24 Cityview has completed work on Portico – a 378-unit multifamily project in Oakland. Now welcoming residents, the eight-story opportunity zone project is located in the fast-growing Brooklyn Basin master-planned community.
Po...
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LaSalle Investment Management Buys Multifamily Community in Portland Suburb 3/15/24 Creekview Crossing, a 183-unit, garden-style community located in the Portland, OR suburb of Sherwood, was acquired by a fund managed by LaSalle Investment Management. The price was not disclosed.
Built in 2009, Creekview Cr...
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Oberndorf Real Estate Management Affiliate and The Bascom Group Acquire 360-Unit CO Multifamily Community 3/13/24 An affiliate of Oberndorf Real Estate Management LP and The Bascom Group LLC have acquired Hearthstone at City Center, a 360-unit multifamily community in Aurora, CO, for $74 mil ($205.5k/unit). The asset is located at 932 So...
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Oregon Multifamily Community Refinanced with New $80 Mil Freddie Mac Loan 3/12/24 Horizon Realty Advisors has obtained an $80.5 mil refinancing of Chase Village, a 536-unit, garden-style multi-housing community located in Eugene, OR.
Built in 1990, Chase Village features one-, two- and three-bedroom units...
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The Bascom Group Buys 96-Unit Res Property in New Mexico 3/11/24 The Bascom Group LLC has acquired San Miguel Court Apartments, a 96-unit multifamily community in Santa Fe, New Mexico. The price was disclosed.
Built in 1974 built, San Miguel Court Apartments is a garden-style multifamily ...
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IDEAL Capital Group Buys Phoenix Area Multifamily Community for $108 Mil 3/11/24 IDEAL Capital Group purchased Sentio, a 325-unit, LEED® Silver, Class A multifamily community in North Phoenix, in a $108 mil ($332.3k/unit) transaction. The property, located at 3600 W Happy Valley Rd in Glendale, was sold b...
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Huntington Beach Development Site Trades in $10.25 Mil Transaction 3/08/24 A one-acre redevelopment site in Huntington Beach sold for $10.25 mil. The site, located at 1810 Pacific Coast Highway, was acquired by WJK Development. The buyer plans to utilize the site to develop boutique luxury homes.
...
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PCCP LLC and Alliance Residential Purchase Santa Clara Res Community in $125 Mil Deal 3/07/24 A joint venture of PCCP LLC and Alliance Residential has acquired Prado, a 251-unit, mid-rise apartment community in Santa Clara for $125 mil ($498k/unit). Prado was built by SummerHill Homes and delivered in April 2021.
The...
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Bakersfield Multifamily Property Goes for $16.5 Mil 3/07/24 Vantage Point Apartments, a 144-unit multifamily community in Bakersfield, was acquired by a Central Valley-based investor, in a $16.5 mil ($114.6k/unit), off-market transaction.
Built in 1985, the garden style community sit...
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Kennedy Wilson’s Real Estate Debt Platform Reaches $7 Bil in Originations 3/06/24 Kennedy Wilson’s real estate debt investment platform more than doubled in size in the past year and has reached $7 bil in originations with a strong pipeline of new opportunities.
The milestone comes on the heels of Kenned...
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Helio Group Acquires Culver City Res Community with $40 Mil Loan 3/06/24 Helio Group recently purchased Cobalt Apartments, a 135-unit multi-housing asset with 14.8k sf of ground floor retail in Culver City, for about $68 mil. The deal was financed with an acquisition loan of $40 mil from a regiona...
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New Rental Home Project in Goodyear, AZ is Finished 3/06/24 TerraLane at Canyon Trails South, a 297-residence rental home project in Goodyear, AZ has been completed. It is being developed by.
TerraLane at Canyon Trails South is located at 25 North 173rd Ave, less than a mile south of...
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Multifamily Community Near Cal State Fresno Campus Sells for $30 Mil 3/05/24 The Victor, a 232-unit multifamily community, was purchased by a Central Valley-based private investment group in a recent $30 mil ($129.3k/unit) transaction. We’re told this marks the largest multifamily transaction to close...
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Portland Mixed-Use Asset Lands New Owner 3/05/24 The Beverly, a boutique mixed-use asset located in Portland’s Hollywood District, traded hands. The property consists of 48.7k sf of retail space anchored by Whole Foods Market, along with 53 high-end residential units above....
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Balfour Pacific Capital and Stone View Holdings Pick Up Two Res Communities in Phoenix 3/05/24 Balfour Pacific Capital and Stone View Holdings have acquired a two-property portfolio of build-to-rent multifamily communities in Phoenix. The deal was financed with a two-year, $37.25 mil bridge acquisition loan to allow fo...
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Legacy Partners and Bridge Investment Group Wrap Up Work on Texas Res Community 3/05/24 Legacy Partners and Bridge Investment Group have completed work on Ovation at Galatyn Park, a 361-residence apartment community in the northeastern Dallas suburb of Richardson, TX.
Designed by WDG, Ovation at Galatyn Park i...
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Orange County Multifamily Portfolio Lands $225 Mil in Financing 3/01/24 A long-time OC-based multifamily owner/investor has obtained $224.7 mil in financing for a six-property, 1,192-unit multifamily portfolio in Orange County. Five properties in the portfolio were refinanced in order to secure e...
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Mixed-Use Project Nearing Completion in Lemon Grove 3/01/24 Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion, bringing much needed housing to a rapidly growing San Diego County neighborhood.
Owned and developed...
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FPA Multifamily Acquires Ventura County Res Portfolio in $153 Mil Transaction 2/29/24 A two-property, 409-unit multifamily portfolio in Ventura County traded hands in a recent transaction worth $153 mil, or $374k/unit. The deal includes Oakview Apartment Homes, a 242-unit asset built in 1970 in Westlake Villa...
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