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June 16, 2024
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MULTIFAMILY HEADLINES
Nadia Geller Designs Completes Interior Design Project at DTLA Res Development
6/14/24
Work is for Cityview’s seven-story Jasper in the University Park East neighborhood

Landsea Homes Corp Acquires Huntington Beach Site for 129 New Homes
6/13/24
Community expected to be available for sale in spring 2025

Liv Communities and Rockefeller Group Wrap Up Work on AZ Res Community
6/13/24
Sol38 by Liv offers 360 upscale units in Laveen

Los Angeles’ Multifamily Investment Market Picking Up as Investors Look to Move Capital Away from Office and Single-Family Products
6/12/24
Avison Young Offers a quick snapshot of current industry investment sentiment for the region

Huntington Beach Multifamily Property Trades for the First Time in Over 50 Years
6/12/24
18-unit Beachwood Apartments goes for $480k/unit

Palladius Capital Management Acquires 694-Bed Student Housing Property in Texas
6/11/24
Firm picks up The Luxx in San Antonio

Berkeley Property Purchased for Student Housing Development
6/11/24
Buyer to build 52-unit, 232-bed project on 0.43-acre site

Chicago Multifamily Owner Buys 254-Unit Texas Res Asset
6/10/24
Company buys Oaks on Marketplace in Kyle

Multifamily Asset in Sacramento’s Elk Grove Submarket Trades for $77 Mil
6/10/24
Deal is for 264-unit The Artisan

Arizona Multifamily Community Purchased by Kairoi Residential / German American Realty Venture in a $161 Mil Deal
6/07/24
365-unit Carter is located in Scottsdale

Community Preservation Partners Picks Up Affordable Housing Project in Ellensburg, WA
6/06/24
Firm will upgrade 168-unit Crestview Terrace

Adjacent Res Fourplexes in Huntington Beach Generate Combined Price of $5.4 Mil
6/06/24
Apartment properties go for $678k/unit

Empire Group of Companies Lands $47 Mil for Construction of Texas Build-to-Rent Project
6/05/24
Financing for 217-unit Village at Mayfair in Braunfels arranged by Tower Capital

Landsea Homes Corporation Picks Up OC Sites for New Res Community
6/04/24
Firm to build townhome project called Mason in Anaheim

Multifamily Property in Vancouver, WA Goes for $26.7 Mil
6/04/24
182-unit Thunderbird Village gets $147k/unit

Affordable Housing Project in L.A.’s Koreatown Neighborhood Set to Go with $24 Mil in Construction Money
6/04/24
Colliers arranges loan for 136-unit Kingsley Apartments

AMCAL Housing Nabs $101 Mil Refi on 335-Unit Res Community in Woodland Hills
6/03/24
Gortikov Capital arranges new loan on The Clarendon

TruAmerica Picks Up 288-Unit Res Community in Ogden, UT
5/31/24
Deal is for The Falls at Canyon Rim, about 25 miles north of Salt Lake City

Advanced Real Estate Adds 68-Unit OC Res Community to Its X Fund
5/30/24
Firm picks up Beachpoint in Huntington Beach in $25 mil deal

Anthem Development and ATX Acquisitions Team Up in Dallas Res Buy
5/30/24
Venture to implement upgrades at 216-unit Eleven600 Apartments

San Diego Investor Spends $8.6 Mil on 25-unit Oceanside Multifamily Property
5/29/24
Buyer exchanged out of three smaller assets totaling 19 units

PATH Ventures Finishes Supportive Housing Project in the City of Carson
5/29/24
111-unit development was built by R.D. Olson Construction

Cardinal Group Buys 204-Unit University of Oklahoma Student Housing Property
5/28/24
The Flats at Norman has 612 beds

First Link Apartments℠ in CA Has Started Leasing in Oakland
5/27/24
157-unit development is in the city’s Jack London Square neighborhood

Orange County Community Housing Corporation Receives $1 Mil Grant from Citi Foundation
5/24/24
Non-profit affordable housing advocate and developer will use money to expand its efforts

Monterey Park Res Development Secures $15.5 Mil in C-PACE Financing
5/24/24
Money is for 63-unit Whitmore Villa project

Tempe Res Development Finishes Construction
5/23/24
199-unit Vero developed by Transwestern Development Company in a venture with Globe Corporation and University Realty

Two Multifamily Sales in San Clemente Generate $5.5 Mil
5/22/24
Six-unit properties were sold by a single seller

Community Preservation Partners Acquires 102-unit San Jose Senior Housing Project
5/22/24
Firm’s total investment to purchase and renovate Corinthian House estimated at $38 mil

Vintage Res/Retail Building in Seattle’s Ballard Neighborhood Trades
5/21/24
Villa Luisa contains 16 apartments and four retail units

Just Completed Res Development Brings 195 Units to South San Francisco
5/17/24
Celeste was developed by Sares Regis Group of Northern California and designed by BDE Architecture

Palm Desert Multifamily Property Sells for $222k/Unit
5/17/24
Investment Concepts pays $14 mil for 63-unit Ariana at El Paseo

GMD Development and WNC & Associates to Build 182-Unit Affordable Housing Project in Seattle
5/16/24
Victory Northgate will include studios, one-bedroom, two-bedroom and three-bedroom units

Rockefeller Group Starts Work on Two Build-to-Rent Communities in Phoenix
5/15/24
Projects are being constructed by Mosaic and will total 152 units

Laguna Beach Apartment Property Sells for $841k/Unit
5/15/24
Seven-unit asset fetches $5.9 mil

Time Equities Inc Buys 145-Unit Student Housing Asset in Huntsville, TX
5/14/24
The Armory was sold by Stonemont Financial

Bell Partners Completes $146 Mil Res Buy in the Inland Empire
5/14/24
Firm acquires 492-unit Silverado Apartment Homes in Murrieta

Hines and Trez Capital Start Work on 600-Acre Master-Planned Community in Texas
5/14/24
Northspur to provide 1,500 single-family homes in Terrell

Hines and Clearwater Living Senior Housing Fund V Team Up with an Institutional Partner to Recapitalize and Rebrand a Luxury Senior Living Facility in Houston
5/13/24
Clearwater at The Heights offers 220 units of independent living, assisted living and memory care housing

Unique Irvine Investment/Development Site Put on the Market
5/10/24
3.73-acre site at 2525 Main St includes office and data space, and is also entitled for 150 luxury res units

Millburn & Company Pays $243k/Unit for Newly Constructed AZ Res Community
5/10/24
258-unit Parc Tolleson goes for $62.75 mil

WNC & Associates Closes $300 Mil Equity Fund
5/10/24
Fund is invested in 24 properties totaling roughly 2,400 units in 16 states

Two Seattle Residential Assets Land New Financing in Deals Totaling $14.5 Mil
5/09/24
Gantry arranges money on a 70-unit property in the Capitol Hill neighborhood and a 762-bed student housing asset near the University of Washington

JPI Picks Up Site at Mosaic Redevelopment Project in Downtown Long Beach
5/09/24
1.58 acres entitled for 272 res units and ground floor retail

Investors Snap up Costa Mesa Apartment Properties
5/08/24
CBRE brokers three recent sales in the area

AAA Management Lands $78 Mil in Construction Money for 251-Unit San Diego Res Development
5/07/24
CBRE arranges money Ion Clairemont project in Kearny Mesa

Community Preservation Partners Acquires 14-Unit Housing Asset in the San Fernando Valley
5/03/24
Firm will spend about $142k/unit to renovate Canoga Park Apartments

Galveston, TX Luxury Condo Project to Move Forward with $100 Mil in Construction Money
5/02/24
Financing is for Satya’s 63-unit Tiara on the Beach development

Phoenix Dev Site Goes for $13 Mil
5/02/24
Land planned for 25-story res tower

Riverside Res Property Sells for $228k/Unit
5/01/24
34-unit Potomac Apartments goes for $7.75 mil

Workforce Housing Project in Central Maui Opens to the Public
5/01/24
324-unit Kaulana Mahina Apartments was developed by a venture that includes Legacy Partners and AFL-CIO Building Investment Trust

Washington Apartment Property Sells for $53 Mil
4/30/24
186-unit community in Renton sold by New York Life Real Estate Investors



 


 
 
 
 





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