News - Sacramento

  • Security Properties Acquires $43M Sacramento Community

    The 16-building community feature one- and two-bedroom units averaging 817 square feet. Cushman & Wakefield worked on behalf of the seller and the buyer in the transaction.

    05 October 2017 15:58
  • Eviva Midtown Trades for Record Price

    Eviva Midtown, a 118-unit certified CalGreen construction, was sold to Sequoia Equities for the highest price per unit ever paid for a multifamily asset in the region.

    28 September 2017 11:10
  • Sagora Senior Living Breaks Ground on First CA Community

    The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.

    18 September 2017 14:47
  • Pathfinder Acquires 195-Unit Sacramento Property

    Savannah Court, a 31-year-old, 24-building community, will receive interior and exterior renovations. It is the company's second acquisition in the metropolitan area.

    01 September 2017 13:47
  • CBRE Arranges Sale of 160-Unit Sacramento Asset

    Integrity Housing sold Alhambra at Mace Ranch in Davis, Calif., for $28.5 million. Jim Flinn, senior vice president of CBRE Affordable Housing’s Debt and Structured Finance team, secured $20.2 million in acquisition financing.

    03 August 2017 15:40
  • Wasatch Group Lands $47M Refi Loan

    The company used the loan to pay off a Fannie Mae regulatory bond on Chesapeake Commons, a 600-unit community in Rancho Cordova, Calif.

    02 August 2017 19:16
  • Walker & Dunlop Secures $52M in Financing in CA

    The firm arranged the 10-year Freddie Mac Green Up loan for a 565-unit community located in the Arden Arcade neighborhood, on behalf of the new owner, OpenPath Investments.

    26 July 2017 13:01
  • Walker & Dunlop Originates $34M Loan for CA Affordable Asset

    The loan will be used to finance Campus Oaks Phase I, an affordable community in suburban Sacramento. Walker & Dunlop worked on behalf of The Canel Cos.

    21 July 2017 12:54
  • Ridge Capital, Andell JV Snags Sacramento Community

    The Class B property traded for $22.4 million and is located in a submarket with a 13.7 percent year-over-year rent increase, almost seven times the national rate.

    20 July 2017 17:24
  • 10 Markets with the Lowest Expected Supply Growth

    The multifamily industry has experienced a recent boom. But with a risk of oversaturation in some markets, development is slowing and deliveries are expected to peak.

    18 July 2017 15:51
  • Sacramento Sets the Standard

    Although rents across the country have been decelerating in recent months, the California capital continues to outperform. While no longer in the double digits, its rent growth continues to lead major metros.

    03 July 2017 13:30
  • 29SC Expands Into Sacramento With 110-Unit Community

    The company plans to spend $1.3 million in capital improvements in the property located in Citrus Heights, Calif., a submarket with a more than 8 percent rental rate growth.

    20 June 2017 16:42
  • Domus Development Taps New President

    Maurice Ramirez brings more than 25 years of industry experience to his new role, having contributed to the development of thousands of affordable housing units in California.

    15 June 2017 13:05
  • Avanath Doubles Sacramento Footprint

    In a $56.5 million deal, the company has acquired an affordable housing portfolio totaling 468 units in one of the nation’s hottest markets. The properties cater to seniors, families and mixed-income renters.

    15 June 2017 10:05
  • JV Opens $30M Workforce Housing in Sacramento

    The 77-unit West Gateway Place, co-developed by Jamboree and the West Sacramento Housing Development Corp., is designed to achieve a LEED Silver certification.

    02 June 2017 17:09