Finance & Investment - West

  • Berkadia Arranges $22M for SoCal Community

    The company secured a seven-year Freddie Mac acquisition loan for Interstate Equities Corp.'s purchase of the 133-unit Verse La Mesa in La Mesa, Calif.

    16 November 2017 16:29
  • Raintree Lands $218M Refi for CA Community

    Capital One arranged the refinancing for Encasa Apartments, a 465-unit community in Sunnyvale, Calif. The property will receive 10-year, Fannie Mae fixed-rate loans that have 10 years of interest-only payments.

    15 November 2017 18:17
  • Castle Lanterra Buys in Denver Metro

    Built in 1972, Sunset Ridge Townhomes in Westminster, Colo., includes 280 units featuring a mixture of two-bedroom and townhome units.

    15 November 2017 16:28
  • SF Bay Community Changes Hands

    HFF brokered the sale of Atlantic Apartments, a 186-unit value-add, garden-style community in Alameda, Calif., on behalf of the buyer.

    13 November 2017 15:35
  • Talonvest Secures $21M Refi for CA Property

    Bascom San Francisco received the funding to complete the remaining upgrades on LUXE 1801, a 109-unit community in Alhambra, Calif. The company acquired the property in 2015.

    13 November 2017 15:24
  • 4-Property LA Portfolio Lands $267M

    George Smith Partners arranged the seven-year, fixed-rate, interest-only, non-recourse loans on behalf of G.H. Palmer. The portfolio totals 1,359 units.

    09 November 2017 15:48
  • CapitalSource Provides Construction Loan for CA Asset

    The Nexus will offer 70 units and 238 beds, including a few affordable apartments. The community is in close proximity to University of California, Berkeley's main campus.

    09 November 2017 14:52
  • HZ Bags CO Property for $60M

    Oxford Station Apartments in Englewood, Colo., is a 238-unit transit-oriented development. At the time of acquisition, the community was 96 percent occupied.

    08 November 2017 19:11
  • CDP Opens Affordable Phoenix Suburb Community

    El Rancho del Sol features 47 units and complements the adjacent El Rancho del Arte, a 66-unit property in Mesa, Ariz.

    08 November 2017 13:10
  • Greystone Refinances 131-Unit WA Community

    The Henry, a Class A community situated near the Museum of Glass, offers 161 units and 10,500 square feet of office and retail space.

    07 November 2017 16:52
  • Suburban LA Community Sells for $20M

    Marcus and Millichap brokered the sale of Villa Hermosa Apartments in Norwalk, Calif. The sale marks the largest non-institutional multifamily transaction in the suburban city.

    07 November 2017 15:05
  • Baron Properties Buys Phoenix Community for $20M

    Since acquiring Capella Place in 2012 for less than half the price, Gelt has made several improvements, adding value to the 150-unit property.

    06 November 2017 17:28
  • Mogharebi Closes Record Breaking Sale in Fairfield, CA

    The company closed the sale of Spring Meadows Apartments at a $160,000 price per unit. This marks a record price for communities built before 2000 comprising more than 30 units.

    03 November 2017 16:21
  • Davlyn Acquires Luxury CA Community for $24M

    Colony is an 88-unit, Class A apartment property in Simi Valley, Calif. The company plans to rebrand and renovate the building, as well as enhance staffing and marketing.

    02 November 2017 16:00
  • JV Invests $148M in 2 Luxury AZ Assets

    Bascom Arizona Ventures and Pacific Life Insurance Co. acquired Legend at Kierland and Tradition at Kierland, totaling 724 units. Quadrant Real Estate Advisors provided debt financing arranged by CBRE.

    02 November 2017 15:38