Market Rate Housing - West

  • Lee & Associates Closes $7M Sale in Phoenix

    Two apartment communities located in northern Phoenix traded among private investors. The properties comprise 44 units.

    17 November 2017 16:16
  • 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
  • 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
  • Lee & Associates Brokers $21M Phoenix Transaction

    Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.

    09 November 2017 14:59
  • CBC Brokers Sale of 3 Historic SLC Communities

    Multifamily investors continue to show interest and confidence in the area’s apartment market. Strong demand resulted in multiple offers for all three assets.

    08 November 2017 16:46
  • 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
  • Coldwell Banker Expands CA Portfolio

    Welcoming 18 sales professionals formerly affiliated with Jelly Properties, Coldwell Banker Residential Brokerage purchased its third office in Del Mar. Joe Jelley will join the brokerage company in a sales capacity.

    03 November 2017 14:20
  • Inland Closes 141-Unit CO Community Sale

    An Inland affiliate acquired the suburban property situated roughly one hour north of Denver. The community was 97.2 percent occupied as of September.

    03 November 2017 11:05
  • San Jose Community Sells for $36M

    Marcus & Millichap represented the seller in the transaction and procured the buyer. The 109-unit asset features 12,000-square-foot commercial space, as well.

    31 October 2017 14:06
  • Denver Community Trades for $45M

    HFF negotiated the transaction on behalf of the seller. ColRich Multifamily purchased the 272-unit property in southeast Denver from Jackson Square Properties.

    30 October 2017 15:40
  • $54M Hollywood Development Breaks Ground

    Essex Property Trust, together with McCormick Construction, broke ground on the Sunset Boulevard mixed-use development. The project includes 200 residential units and 4,678 square feet of retail space.

    30 October 2017 14:33