News - West

  • Tallest San Jose Development Breaks Ground

    Bayview Development Group's Miro, a 28-story luxury community, will feature more than 600 residential units. The project is expected to be completed by 2020.

    16 November 2017 23:00
  • 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
  • Raintree Lands $218M Refi for CA Community

    Capital One arranged the refinancing for Encasa Apartments, a 465-unit community in Sunnyvale, Calif. The property will receive 10-year, Fannie Mae fixed-rate loans that have 10 years of interest-only payments.

    15 November 2017 18:17
  • Castle Lanterra Buys in Denver Metro

    Built in 1972, Sunset Ridge Townhomes in Westminster, Colo., includes 280 units featuring a mixture of two-bedroom and townhome units.

    15 November 2017 16:28
  • 4 Emerging Multifamily Products

    More than 100 exhibitors gathered at NMHC's OpTech show in Las Vegas to showcase the latest in today's multifamily technology. Read about some products that are changing the industry.

    14 November 2017 17:47
  • Phoenix Condo Project Site Trades for $1.6M

    ABI Multifamily facilitated the land sale, which includes the planned development of a three-story, 16-unit luxury community called Aeries Townhomes.

    14 November 2017 16:31
  • JPI Scores $136M Loan for CA Apartments

    Jefferson Platinum Triangle, a 400-unit property in Anaheim, will include a gym with a yoga studio, two resort-style pools with spas, a media room, a dog wash station and 730 parking spaces.

    14 November 2017 15:48
  • SHAG Opens Newest WA Senior Housing

    Lynnwood City Center Senior Living features 308 one- and two-bedroom floorplans ranging from 515 to 787 square feet. A selection of apartments is reserved for individuals and households with fixed incomes.

    13 November 2017 16:35
  • 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
  • WNC Funded Reno of San Diego-Area Affordable Asset

    The firm provided $13.2 million in financing for the renovation of Woodglen Vista Apartments, a 188-unit affordable community in Santee, Calif., that Jamboree Housing Corp. developed.

    10 November 2017 14:25
  • 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
  • CapitalSource Provides Construction Loan for CA Asset

    The Nexus will offer 70 units and 238 beds, including a few affordable apartments. The community is in close proximity to University of California, Berkeley's main campus.

    09 November 2017 14:52
  • HZ Bags CO Property for $60M

    Oxford Station Apartments in Englewood, Colo., is a 238-unit transit-oriented development. At the time of acquisition, the community was 96 percent occupied.

    08 November 2017 19:11