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.
Berkadia Closes Leasehold Sale of OC Community
Bridge Investment Group sold Coronado Palms, a 168-unit garden-style community in Anaheim, Calif., to Canyon Multifamily Impact Fund.
San Jose Mixed-Use Tower Changes Hands
HFF worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high-rise with 213 units and ground-floor retail space.
CA Property Sold for $74M
The 163-unit mixed-use asset in Monrovia marks Sequoia Equities’ second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.
High-End Asset Breaks Ground in LA
Urban Architecture Lab began work on Variel Apartments, a 277-unit luxury property in Canoga Park’s Warner Center. The project will be completed in the fall of 2019.
JLL Hires New SoCal SVP
Dana Brody, JLL’s new senior vice president, has nearly 15 years of experience in the industry. She will focus on multifamily sales and development opportunities throughout Los Angeles.
Bascom Expands CA Footprint With $17M Buy
Casanova Grove is a 76-unit community located in Monterey.
HFF Arranges Sale, Financing of Metro Houston Apartments
Hilltop Residential is the new owner of Villages of Cypress Creek, a 384-unit, Class A community in the city’s northwest suburb of Cypress, Texas.
CIM Group Reaches Construction Milestone in DTLA
888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.
Hollywood Apartment Community Trades for $11M
NNC Apartment Ventures expanded its California portfolio with value-add 42-unit residential property. The asset is located near popular destinations.
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