Multifamily news in Finance & Investment - Sacramento
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The Michaels Organization to Break Ground on $82M Sacramento Project
The multifamily community is slated for completion in early 2023.
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Catalyst, CalCHA Acquire 2 California Communities for $231M
The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.
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Davlyn Investments Pays $95M for Sacramento-Area Property
The 273-unit Class A community last traded almost a decade ago, when it commanded $40.5 million.
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Trion Properties Pays $18M for Sacramento Community
Walker and Dunlop acted as equity partner, while Capital One originated a Freddie Mac acquisition loan of $14.2 million.
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CFY Development JV Lands $78M for Sacramento Affordable Project
KeyBank provided financing for the 159-unit community slated for a 2022 completion.
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How Sacramento Benefits from the Bay Area Exodus: Q&A
Graceada Partners’ Joe Muratore unveils what makes Sacramento an appealing market to invest in during an economic downturn.
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Marcus & Millichap Closes $58M Sacramento-Area Deal
First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.
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Oakmont Properties Buys Sacramento Asset for $118M
CBRE brokered the sale of the 277-unit Press at Midtown Quarter, marking one of the city's largest-ever apartment deals.
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Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
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What Draws Investors’ Attention to Western Markets?
MG Properties Group’s Paul Kaseburg talks about the strategy behind the company’s investment activity in Western markets.
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JV Scores $73M Loan for Sacramento Student Housing Project
The 223-unit mid-rise property is located within walking distance of the local California State University campus.
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Sacramento-Area Community Gets $15M Refi
Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.
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MG Properties Grows Sacramento Footprint
The company acquired a 270-unit community adjacent to the city of Elk Grove, bringing its local unit count to nearly 1,000.
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Landmark Properties JV Buys California Student Housing Asset
The 2,289-bed community is subject to a 65-year ground lease held by UC Davis.
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Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.