Finance & Investment - West
Cities
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FPA Multifamily Trades Seattle-Area Asset for $71M
The transaction marks the buyer’s second acquisition in the Federal Way submarket in the past 12 months, bringing the firm’s Seattle-area portfolio to more than 600 units.
18 February 2019 12:44 -
NM Community Receives $25M Refi
NorthMarq arranged the financing through its in-house Fannie Mae platform for the 370-unit apartment community, located just a few miles from the Texas border.
15 February 2019 08:26 -
Investcorp Acquires $330M Multifamily Portfolio
The eight communities encompass some 2,500 Class B units across the Southeast and Southwest.
14 February 2019 09:00 -
Inside the Bay Area’s Dynamic Investment Market
There has been some cooling of price and income expectations, but buyers are still enthusiastically grabbing up San Francisco and Silicon Valley multifamily. Levin Johnston's Robert Johnson and Adam Levin shed light on this trend and others.
13 February 2019 15:18 -
Gadsden Growth Acquires Bay-Area Asset for $240M
Mission Hills Square in Fremont, Calif., has 158 residential units and 53,900 square feet of retail space. The mixed-use development is expected to be completed in October.
13 February 2019 14:07 -
NorCal Asset Trades for $18M
Paradise Apartments in Chico changed hands for $110,976 per unit. The Mogharebi Group worked on behalf of both parties in the transaction.
12 February 2019 11:49 -
2 Bay Area Properties Trade for $20M
The assets add up to 58 units and are both located close to several large tech employers. Levin Johnston brokered the transactions.
12 February 2019 11:43 -
San Francisco-Area Project Gets $104M in Financing
A joint venture of Prometheus and Legacy Partners secured construction financing for Trestle Apartments, a mixed-use development under construction in San Carlos, Calif.
08 February 2019 09:20 -
California Expands Affordable Housing Finance Incentives
The new program aims to incentivize affordable housing development for residents with a mix of incomes.
07 February 2019 15:22 -
NorCal Apartments Change Hands
Burbank Housing Development purchased the 56-unit Class C community for $15 million. Two lenders facilitated the transaction with acquisition and development financing.
06 February 2019 08:12 -
NMHC’s 2019 Apartment Strategies Outlook Conference Coverage
From sessions ranging from an economic outlook and market expectations, to investor obstacles, the conference covered an array of subjects that outline the multifamily market's future.
04 February 2019 15:51 -
Goldman Sachs Affiliate Acquires Portland-Area Asset
The 240-unit community located in Camas, Wash., marks Goldman Sachs Asset Management Private Real Estate's 23rd multifamily investment in the U.S.
04 February 2019 08:46 -
In Case You Missed It: MHN’s Top 5 Posts in January
Miss any of our articles? Catch up with five of our most popular posts for the month.
01 February 2019 11:56 -
Phoenix Community Commands $62M
Kasten Long Commercial Group’s Linda Fritz-Salazar and Scott Trevey brokered the transaction in which Green Leaf Partners purchased a 306-unit asset from Evergreen Development.
01 February 2019 07:00 -
2019 Economic and Investor Forecast
At the National Multifamily Housing Council’s 2019 Apartment Strategies Outlook Conference in San Diego, panelists discussed their outlook for the market based on last year's performance.
31 January 2019 17:11