Late April witnessed the grand opening of Sunrise Villas, a 100 percent affordable senior housing community in South Los Angeles.

NMS, a Los Angeles-based development company, has started construction on a $50 million multifamily community at La Cienega Boulevard in Beverly Hills, Calif.

GLJ Partners has obtained $26 million in joint venture equity from the Canyon-Johnson Urban Fund for the acquisition of a 15-acre development site.

As the next building cycle for the Portland area is still another year out, vacancy rates are expected to fall to historic lows across the metro.

At the 2012 Apartment Internet Marketing conference in Phoenix, panelists discussed the importance of Internet ratings for multifamily communities.

Oak Grove Capital has originated a $33 million Fannie Mae permanent loan for the refinancing of Cascade Village Apartments, a market-rate complex in Westminster, Colo.

Institutional Property Advisors arranged the sale of 360 Residences, a high-rise tower in San Jose; and Northmarq closed on $10.86 million in refinancing for an assisted living facility in Colorado.

KTGY Group Inc. has recently completed the first of eight three-story buildings at the Arista Uptown Apartments in Broomfield, Colo. This community was designed specifically with Gen Y in mind.

Warner Center, the highly walkable, live-work master-planned community in California’s San Fernando Valley, will soon gain yet another multifamily development.

Crossbeam Capital LLC, a Bethesda, Md.-based real estate investment firm, acquired the 225-unit Parkside apartment community located in Gresham, Ore.