Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
Jamison Completes First Ground-Up Community
Maya, a 72-unit community in Los Angeles, is the first of four new assets Jamison plans to bring to the market this year.
OC Community Commands $417K Per Unit
Avison Young represented the new owner, Cameron Properties, in the $9.2 million deal; the seller, Brandywine Properties, was represented by CBRE.
American Realty Advisors Welcomes New Executive VP
Based in Chicago, industry veteran Glen Weisberg will oversee the firm’s multifamily acquisition and disposition strategy.
TMG Brokers Sale of OC Community
The Landing, a 52-unit community in Newport Beach, Calif. changed hands for $18.5 million or $355,769 per unit. The Mogharebi Group worked on behalf of both parties.
Cypress Real Estate Buys Development Site in TX
The company purchased the 3.8-acre site in Dallas, for the development of a four-story apartment community. Transwestern represented the seller and the buyer.
IPA Arranges Record-Breaking Sale of CA Community
The 192-unit Via Ventura changed hands for $74 million, the highest price per unit for a multifamily property in Ventura, Calif.
HFF Secures $115M Financing for VA Development
The company arranged the loan on behalf of Combined Properties Inc. for the development of Scout on the Circle, a 551,000-square-foot mixed-use project in Fairfax, Va.
Atlanta Community Changes Hands for $19M
Berkadia brokered the sale of Azalea Ridge, a 281-unit property, and secured a $14.3 million acquisition loan through Freddie Mac.
Levin Johnston Brokers Sale of 2-Property Portfolio
Belview Heights and Casa Belview in Belmont, Calif., traded for approximately $27 million. The firm represented both parties in the transaction.
LA Community Sells for $45M
IPA arranged the sale of Cielo Apartments, a Class A, 119-unit community in Chatsworth. Amenities include a clubhouse, fitness center and 208 parking spaces.