Business Specialties
Bellevue Breaks Decade-Long Hiatus with Ground Breaking
Vancouver-based Bosa Development’s One88 is a 21-story tower with 143 luxury units. Bosa spent a considerable amount of time developing a special product for the market.
Peak Campus Selected to Manage Texas Student Housing
The 348-bed, 183-unit community is currently under construction in San Marcos. Upon completion, slated for fall 2018, the property will serve Texas State University.
Sagora Senior Living Breaks Ground on First CA Community
The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.
Miami Community Commands $37M
Evan Kristol and Felipe Echarte of Marcus and Millichap’s investment team worked on behalf of the private seller to procure the buyer, Blue Rock Partners, for the transaction.
Hines Completes Entitlement Phase of AZ Project
Hines completed the entitlement phase of Asteria Highlands in North Scottsdale, the company’s first Arizona single-family residential project. Construction will start in 2018.
Radnor Starts Work on Philadelphia Apartments
The Hamilton, located on the Community College of Philadelphia’s campus, includes two buildings and 500 apartments. The building follows the recent housing trend for students, which features smaller units and maximized amenity spaces.
On the Market: 5 Interesting Listings for the Week of 9/11
The most recent listings include a Seattle-area property on nearly 80 acres of land and a fully renovated 1920s asset in Los Angeles’ Koreatown.
JV Sells Downtown Santa Monica Mixed-Use Asset
The Marcus & Millichap division represented Century West Partners and BlackRock Realty Advisors Inc., and also procured the buyer. Chelsea Santa Monica includes 53 units and almost 6,000 square feet of retail space.
Greystone Closes $77M Transaction for SC Portfolio
The initiative recapitalizes and preserves the affordability of 18 communities. All the 762 units are restricted to low-income households and will undergo renovations to improve the exteriors and interiors.
Trammell Crow Breaks Ground on Garden-Style MA Apartments
Alexan Billerica, a three-building, 178-unit community in Billerica, Mass., is expected to be completed in December of 2018.