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• New Escondido Res Project Marks the Transformation of a Troubled Neighborhood
7/06/10
The Crossings at Escondido, a new 53-unit residential project geared to working families in the Mission Park area of Escondido, is set to break ground. Developed by Urban Housing Communities LLC, the project marks the transf...
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• Exciting Mixed-Use Project at Hollywood and Vine is Completed
7/06/10
Development has been completed on 1600 Vine, a $264 mil mixed-use project located at the iconic corner of Hollywood and Vine in the heart of Hollywood. The 12-story Transit-Oriented Development (TOD) was developed by Foster ...
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• The Matteson Companies Picks Up 372-Unit Multifamily Asset in Portland Suburb
7/02/10
Gail Neuburg from American Realty Advisors brokered the transaction. The acquisition included the assumption of two Freddie Mac mortgages totaling $16.4 mil. Matteson has retained a third-party property management company, Ri...
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Executive Subscriber Price: Free
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• Buchanan Street Partners Funds Oakland Apartment Complex
7/01/10
Buchanan Street Partners funded a $21 mil first mortgage loan for Aqua Via, a 104-unit luxury apartment building located in Oakland. The first mortgage enabled the borrower to purchase the existing note for $23.6 mil, which r...
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• Kennedy Wilson Closes 180-Unit San Fernando Valley Condo Buy
7/01/10
Kennedy Wilson just closed on a large LA-area multifamily acquisition, having purchased NoHo 14, a 180-unit condo project located in North Hollywood. Guardian Life Insurance Company and RECP/Urban Partners participated as par...
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Executive Subscriber Price: Free
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• Investor Purchases Sacramento Area Multifamily Asset for Over $12 Mil
6/30/10
Rocklin Manor, a 157-unit apartment community in the Sacramento-area community of Rocklin, recently traded hands in a $12.2 mil ($77.7k/unit) transaction. Built in 1989, the complex covers six acres at 5240 Rocklin Rd, east ...
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• Walker & Dunlop Arranges $5.4 Mil on Pair of WA Apartment Properties
6/29/10
Walker & Dunlop arranged $5.44 mil in financing on Aros and Voss, two mid-rise, Class A garden-style apartment buildings in Ballard, WA. The properties are located directly across the street from each other and contain a tota...
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• Institutional Quality Silicon Valley Multifamily Complex Hits the Market
6/28/10
Bella Villagio Apartments, a 231-unit Class A institutional-quality apartment complex in San Jose, has been put on the market. The community consists of 78 one-bedroom units, 130 two-bedroom units and 23 three-bedroom units w...
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• Malcolm and Harrington Join Hendricks & Partners
6/25/10
Christopher J. Malcolm, Associate Partner, and David J. Harrington, Senior Investment Advisor, have joined the North Los Angeles office of Hendricks & Partners. Malcom and Harrington will both be involved in providing dispos...
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Executive Subscriber Price: Free
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• Sherman Oaks Multifamily Property Trades for Over $23 Mil
6/24/10
In a sizable LA-area multifamily acquisition, a private investor purchased Magnolia Apartments, a 98-unit asset in the San Fernando Valley. The complex was constructed in 2009 and is located at 15357 Magnolia Blvd, near the i...
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Executive Subscriber Price: Free
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• New Escondido Res Project Marks the Transformation of a Troubled Neighborhood
6/23/10
The Crossings at Escondido, a new 53-unit residential project geared to working families in the Mission Park area of Escondido, is set to break ground. Developed by Urban Housing Communities LLC, the project marks the transf...
Price: $3.99
Executive Subscriber Price: Free
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• California Landmark Underway with New West LA Res Development
6/22/10
Westwood-based California Landmark has begun development of a 21-unit, Mediterranean-inspired project on the site of a former utility company parking lot in West Los Angeles. The development is located within a mature reside...
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Executive Subscriber Price: Free
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• Denver Apartment Community trades for $71k/Unit
6/21/10
A Colorado-based limited liability company has purchased The McFee, a 22-unit apartment complex in Denver, for $1.555 mil ($71k/unit) in an all-cash transaction. The property is located at 60 Corona St, east of I-25.
Built i...
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• Yardi Systems Acquires DIY Real Estate Solutions
6/18/10
Yardi Systems has acquired residential property management software provider DIY Real Estate Solutions. DIY co-founders Don Katt, Steve Lloyd, and Alison Cavano, who were major contributors to the success of MRI Software for ...
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Executive Subscriber Price: Free
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• Phoenix Apartment Complex Sells for $16.7 Mil
6/18/10
In a notable Phoenix multifamily acquisition, Weidner Investment Services paid $16.65 mil for Monterra, a 258-unit ($64.5k/unit) community located at 1333 N. 24th St, near the city’s Loop 202 Fwy. The 207.3k sf asset is situa...
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• HFF Arranges $18 Mil on a Santee Manufactured Housing Community
6/14/10
HFF (Holliday Fenoglio Fowler, L.P.) has arranged $18 mil in financing for The Highlands, a 306-home-site manufactured housing community in Santee. The property is located at 7467 Mission Gorge Rd, close to SR 52, just east o...
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• Oakland’s City Walk is Hopping Along Again
6/09/10
Development of City Walk, a stalled apartment and retail project in the heart of downtown Oakland, is underway again as the project’s new owners, Wood Partners LLC, recently secured the needed construction financing of $31.5 ...
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Executive Subscriber Price: Free
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• Expansion Work Underway at Fullerton Continuing Care Retirement Community
6/04/10
Morningside, an award-winning continuing care retirement community in Fullerton, is expanding its Lakeview Hall and Wellness and Fitness Center as well as renovating the community’s lake and surrounding courtyard features. Mo...
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Executive Subscriber Price: Free
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• NAI Capital Expands Firm’s Multifamily Group
6/03/10
Several veteran brokers have been recruited by Encino-based NAI Capital as part of the firm’s expanding multifamily team. The new hires include Damon Wyler, Executive Vice President and Branch Manager of NAI Capital’s South B...
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• NAI Capital Expands Firm’s Multifamily Group
6/02/10
Several veteran brokers have been recruited by Encino-based NAI Capital as part of the firm’s expanding multifamily team. The new hires include Damon Wyler, Executive Vice President and Branch Manager of NAI Capital’s South B...
Price: $3.99
Executive Subscriber Price: Free
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