Los Angeles

New Master-Planned Community Coming to Tejon Ranch

The forthcoming master-planned community will give residents access to 240,000 acres of protected open space.

Greystone Provides $15.9M Financing for Affordable Housing

The owner has invested more than $1.4 million in Highlander Pointe since its acquisition, ensuring the 1975 property is well-preserved.

TH Real Estate Acquires Sunbelt-Based Value-Add Properties

The TIAA Global Asset Management affiliate views the Southwest and Southern California properties as ripe for repositioning.

Candlewood North, 9830 Reseda Blvd.

Waterton Expands LA Portfolio

Candlewood North marks Waterton’s fifth multifamily acquisition in 2016 and its seventh in the Los Angeles area.

LA Planning Commission Greenlights New LGBT Center Campus

The campus will include as many as 100 units of affordable housing for seniors, 100 beds for homeless youth, new senior and youth centers and as many as 35 units of permanent supportive housing for young people, as well as ground-floor retail space.

Marcus & Millichap Closes LA-Area Sale

The two-building, 48-unit multifamily asset sold for $12.5 million.

Rancho Solana, 2444 Alvarado St., Oxnard, Calif.

JRK Acquires Second Oxnard Apartment Community for $30M

The L.A.-area property features one-, two- and three-bedroom units ranging from 695 to 1,085 square feet in 15 two- and three-story buildings.

Bryan Shaffer

George Smith Partners Secures Financing for Nine-Property Portfolio

The nine properties fetched a combined $33 million in financing.

NAI Capital Sells LA Residential Hotel for $12M

The Olympic, a 172 micro-unit building, was converted to apartments in 2013.

Levi Brooker, senior vice president, Walker & Dunlop

Walker & Dunlop Taps New Senior VP for Multifamily Division

Levi Brooker has assisted in financing over $1 billion of multifamily transactions.