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• Manova Partners Buys San Mateo Mixed-Use Property
6/02/25
Manova Partners has acquired Parallel on Fourth, a fully-leased, mixed-use property in downtown San Mateo. The property, located at 405 East 4th Ave, consists of 15 residential units above 62.3k sf of Class A office space and...
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• Res Community in Seattle’s First Hill Neighborhood Trades Hands
5/30/25
Union Park, an 84-unit apartment community in Seattle’s First Hill neighborhood, has been sold in an off-market transaction. The property is located at 1310 Minor Ave, just east of I-5. The price was not disclosed.
The prope...
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• Luxury Res Development in L.A.’s Koreatown Lands $220 Mil in New Financing
5/29/25
A Jamison Properties LP affiliate has landed $220 mil in new financing for Opus, a newly constructed 428-unit luxury apartment project in L.A.’s Koreatown neighborhood. The property, located at 3545 Wilshire Blvd, encompasses...
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• Multifamily Community in San Jose Trades for $19 Mil
5/28/25
Lakewood Court Apartments, a 48-unit multifamily community in San Jose, traded hands in an $18.9 mil ($394k/unit) transaction. The asset was sold by a private investor in an all-cash deal as part of a 1031 exchange transactio...
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• McKinney Capital Lands New Financing of $6 Mil on Catalina Hotel Property
5/27/25
A McKinney Capital entity secured a $6 mil bridge loan one the Hermosa Hotel & Apartments on Southern California’s Catalina Island. The loan proceeds will retire existing debt at the century-old property, located at 131-171 M...
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• Hollywood Apartment Property Offered for Sale at $267/Unit
5/26/25
In news of an interesting multifamily listing in Hollywood, The Casa Palmera, a 60-unit property, has been put on the market with an asking price of $16 mil, or $267/unit. The property is located at 1843 N. Cherokee Ave, nort...
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• Encinitas Multifamily Undergoes Extensive Renovation that Includes the Addition of Two Accessory Dwelling Units
5/22/25
RAF Pacifica Group has completed the renovation of Seaside Commons, a 26-unit multifamily asset located at 1201 N. Vulcan Ave in Encinitas. In addition to the interior and exterior upgrades on the existing structure, RPG also...
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• Court-Appointed Receiver Douglas Wilson Companies to Implement $70 Mil Improvement Plan at Park Merced Res Community in San Francisco
5/21/25
Douglas Wilson Companies (DWC), the court-appointed receiver of Parkmerced, the 3,221-unit community located in the southwest corner of San Francisco, has taken control of the property from the owner who defaulted on its $1.8...
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• Reno Firms CloudTen Residential and Gaston Wilkerson Merge into a Single Residential Management
5/21/25
Reno, NV-based CloudTen Residential has merged with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees and over 8,000 units throughout ...
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• WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P.
5/19/25
WNC & Associates has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 mil fund which includes 26 multi-family properties across 17 states.
“WNC remains deeply committed to addressing the affordable hous...
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• Hines Pays $684k/Unit for Silicon Valley Multifamily Asset
5/15/25
In a Silicon Valley multifamily trade, Hines has acquired Levare, a 108-unit residential property in San Jose’s Santana Row area, for $73.9 mil ($684k/unit). The property, located at 3003 Olin Rd, south of Stevens Creek Blvd ...
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• Empire Group Lands $79 Mil Refi on AZ Build-to-Rent Development
5/14/25
Scottsdale, AZ-based Empire Group has obtained a $79.5 mil refi loan on Village at Bronco Trail, a new 354-unit BTR development in the Phoenix market. The roughly 30-acre Village at Bronco Trail site at 29th Ave at Sonoran De...
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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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