Market Rate Housing - 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 -
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 -
$300M Residential Tower Breaks Ground in LA
Developed by Hankey Investment Co. and Jamison Properties, the 25-story high-rise will bring 644 apartment units and 15,000 square feet of ground floor retail space to the coveted Koreatown submarket.
11 February 2019 10:04 -
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 -
Albuquerque Hotel Set for Multifamily Conversion
The owner of the former Wyndham Albuquerque Hotel and Conference Center will complete the first phase of the 130-unit project by the end of the year.
06 February 2019 15:54 -
Phoenix Community Trades for $32M
The property, built in 1985, is located in Phoenix's Metrocenter submarket and was 92 percent occupied as of December, according to Yardi Matrix.
04 February 2019 20:03 -
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 -
LA Community Sells for $26M
An institutional investment fund purchased Morton Gardens, a 66-unit community in the city's Echo Park neighborhood.
01 February 2019 14:59 -
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