Finance & Investment - West
Cities
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San Jose Luxury Community Trades for $104M
Republic Urban Properties sold the 2015-built, 218-unit asset located within a mile of downtown. HFF represented the seller and procured the buyer.
17 October 2018 07:19 -
CBRE Facilitates CA Multifamily Transaction
Kevin Mulhern and Rachel Parsons worked on behalf of seller MG Properties Group, while the buyer, Virtú Investments, benefited from in-house representation.
16 October 2018 13:46 -
GSP Arranges $17M Loan for Sacramento Community
The current financing package replaces an existing agency securitization. The loan provided by GSP represents 65 percent LTV ratio and is structured to offer assumption rights if the property changes hands.
15 October 2018 15:59 -
Top 10 Inland Empire Multifamily Transactions
The Inland Empire multifamily market continues to grow its inventory at a slow burn, further inflating rent rates and property values. One effect of this dynamic is its growing price per unit, which currently averages $156,020 across the metro, roughly $9,000 above the national average.
12 October 2018 14:08 -
Luxury Denver Community Receives $50M Loan
BMC Investments is developing its new luxury brand, the St. Paul Collection. The first phase, finished in June, totals 81 units and 11,000 square feet of retail.
10 October 2018 17:41 -
CBRE Brokers $93M Denver Community Sale
Dan Woodward, David Potarf and Matthew Barnett worked on behalf of the seller, a joint venture of TruAmerica Multifamily and Investcorp.
09 October 2018 13:18 -
TruAmerica Multifamily Secures 2 Vegas Properties for $77M
The company added 504 units to its portfolio with the acquisition of Crossing at Green Valley and The Retreat.
03 October 2018 16:17 -
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.
03 October 2018 16:06 -
TruAmerica Still Bullish on Value-Add Buys
Robert Hart talks about how to overcome challenges in hot West Coast markets and reveals why opportunity zones are not yet a target for the multifamily investment firm.
03 October 2018 15:58 -
JV Acquires Las Vegas Community for $50M
Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.
03 October 2018 14:52 -
2 Vegas Properties Command $60M
Westland Real Estate Group acquired Liberty Village Apartments and Village Square Apartments, adding 1,129 units to its portfolio.
02 October 2018 18:38 -
Affordable San Diego Asset Lands $52M Refi
Berkeley Point arranged the financing for Lantana Hills Apartment Homes, a 380-unit property built in two phases. The community underwent extensive renovations between 2014 and 2017.
28 September 2018 12:59 -
Bellwether Enterprise Secures $21M for SF Affordable Housing Portfolio
The five properties, which include 370 units, received a Freddie Mac Freddie Mac Targeted Affordable Housing Preservation Loan that will go toward deferred maintenance to allow for safe affordable housing in high-cost markets for the long term.
27 September 2018 18:33 -
Affirmed Housing Opens CA Affordable Senior Property
Bella Vita is a 65-unit development in Carson. The community serves low-income seniors and includes 3,000 square feet of commercial place.
27 September 2018 14:47 -
CBRE Arranges Sale of OR Community
Phil Oester, Joe Nydahl and Josh McDonald brokered the sale of the asset, representing the seller, Marathon Management.
27 September 2018 13:17