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May 12, 2026
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MULTIFAMILY NEWS
Archive
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• MVE + Partners Recognized by American Institute of Architects OC for Several Projects
10/14/25
Leading architectural firm MVE + Partners received several awards from the AIAOC (American Institute of Architects OC) Awards for projects based in California and Utah. These notable accolades include: OcVibe multifamily ...
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• TruAmerica Picks Up 168-Unit Colorado Res Community
10/13/25
TruAmerica Multifamily has acquired North Creek, a 168-unit, garden-style apartment community in Thornton, CO, a high-growth suburb within the Denver metropolitan area. Built in 2002, North Creek offers a mix of one-, two-, ...
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• Cityview to Develop 489-Unit Mixed-Use Project in Los Angeles’ Westchester Neighborhood
10/10/25
Cityview plans to develop a highly amenitized, mixed-use project featuring 489 units of multifamily housing and 16.1k sf of ground-floor retail in the heart of L.A.’s Westchester neighborhood. Located at 6136 West Manchester ...
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• Drawbridge Realty Acquires 190k sf Costa Mesa Office Campus
10/10/25
Drawbridge Realty acquired The HIVE, a 190k sf, three-building Class A office campus in Costa Mesa. The property, located at 3333-3337 South Susan St in the city’s Greater Airport submarket, was sold by Invesco Real Estate. T...
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• Planned Affordable Housing Project in L.A.’s Westchester Neighborhood Lands $31 Mil in Financing
10/09/25
Six Peak Capital has obtained $31.3 mil in senior debt money for the development of a 116-unit 100% affordable housing project located at 9033 Ramsgate in the Westchester neighborhood of Los Angeles. The financing was arrange...
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• DivcoWest and JB Housing Ventures Pick Up 137-Unit Multifamily Property in San Francisco
10/08/25
DivcoWest and JB Housing Ventures have purchased a Class A, 137-unit multifamily building located at 830 Eddy in San Francisco’s Cathedral Hill neighborhood. Although the sales price was not given out, Zillow and Realtor.com ...
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• TruAmerica Multifamily Pays $223k/Unit for AZ Res Community
10/06/25
TruAmerica Multifamily has acquired Park Tower Apartments, a 180-unit res community in Chandler, AZ, for $40.1 mil ($223k/unit). The property was sold by Univest. Constructed in 1986, Park Tower Apartments offers a mix of ne...
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• Bridge Housing Wraps Up Work on $30 Mil Affordable Housing Project in San Diego
10/03/25
Bridge Housing has completed work on Kettner Crossing, a $30 mil, affordable housing complex in downtown San Diego. The urban infill project will provide 64 units to seniors that earn between 30-60% of Area Median Income (AMI...
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• Washington Multifamily Community Sells for Over $56 Mil
10/03/25
Alderra Apartment Homes, a 200-unit garden-style multifamily community in Puyallup, WA, sold for $56.45 mil ($282k/unit). The property was sold by Auctus Capital Partners. Located at 13507 99th Avenue E in Puyallup, Alderra ...
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• Commercial Real Estate Financing Briefs
9/26/25
JLL CAPITAL MARKETS -- Greg Brown, Allie Black and Nick Englhard with JLL Capital Markets have arranged $130 mil in first-lien financing for Sukut Real Properties' 21-property industrial portfolio spanning 1.1 msf across Sout...
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• Apartment Property in L.A.’s Mar Vista Area Sells for $326k Per Unit
9/25/25
In a quick multifamily sales update from Los Angeles’ Mar Vista area, a 10-unit building traded for $3.26 mil, or $326k per unit. The property is located at 3651 McLaughlin Ave, west of the 405 Fwy and just north of Venice Bl...
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• PGIM and Legacy Partners Buy 320-Unit San Gabriel Valley Res Community in $92 Mil Deal
9/24/25
University Village, a 320-unit multifamily community in Azusa, was acquired by a co-venture between PGIM and Legacy Partners. The price was $92 mil, or $287.5k/unit. The property, located at 801 E. Alosta Ave, was delivered ...
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• Work Finished on Two New Buildings Totaling 725 Res Units for the First Phase at Gateway Crossings Project in Santa Clara
9/23/25
Holland Partner Group has been completed on two mixed-use buildings for the first phase of the Gateway Crossings development, which is part of the overall Highline Transit Village in Santa Clara. The new buildings -- Orlo and...
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• AZ Build-to-Rent Community Trades in $23 Mil Transaction
9/23/25
In a recent Arizona res trade, NextWave Investors purchased Ascension at Manistee Ranch, a 71-unit, build-to-rent townhome community located in the Manistee Ranch Master Plan in Glendale. The property was sold by Kinella Capi...
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• Sack Capital Partners Buys 171-Unit Multifamily Asset in Berkeley
9/23/25
Sack Capital Partners (SCP) acquired Fourth & U Apartments, a 171-unit multifamily community in Berkeley, CA. The five-story mid-rise property features ground-floor retail and is located at 2020 Fourth St, east of I-580 and j...
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• Seattle Mid-Rise Multifamily Asset Sells for $95 Mil
9/22/25
8th + Republican Apartments, a 211-unit mid-rise multifamily community in Seattle’s South Lake Union neighborhood, was purchased for $94.9 mil ($450k/unit). Although we’ve been only been told that the buyer was an unnamed in...
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• IHP Capital Partners and The Grupe Company Buy 2.5 Acres in San Ramon for Res Development
9/22/25
A joint venture between has acquired a 2.5-acre infill parcel in San Ramon for the development of Aria, a vibrant new neighborhood of 57 for-sale townhomes thoughtfully designed for modern living. Located on Deerwood Rd, Ari...
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• Katie Evans Named Regional Asset Director at Sunrise Management
9/19/25
Katie Evans has been named regional asset director at San Diego-based Sunrise Management for all Northern California operations. In this new role, Evans will oversee Sunrise’s growing NoCal portfolio—currently nine properti...
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• Two Multifamily Trades in Garden Grove Total $17.3 Mil
9/19/25
Two Garden Grove multifamily properties totaling 48 units sold in deals with a combined price of $17.36 mil. Both assets had never been offered for sale before, underscoring the rarity of generational ownership transfers in t...
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• Kennedy Wilson to Acquire Toll Brothers’ Apartment Living Platform in $347 Mil Deal
9/19/25
Kennedy Wilson has agreed to acquire Toll Brothers’ Apartment Living platform, including its in-house development team and its interests in a portfolio of completed properties and assets under development, for a total purchas...
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