Multifamily news in Orange County

CityView Unveils Mural at OC Development
Located at the upcoming Baker Block apartment community, the mural, by artist and OBEY Clothing Founder Shepard Fairey, covers 8,000 square feet and is the largest of its kind in Orange County. The 240-unit community is scheduled for completion in November.
Market Rate
Santa Ana Asset Trades for $20M
Marcus & Millichap announced the sale of Sherry Lane Garden Homes. The 62-unit apartment traded for $19.8 million.
Market Rate
Berkadia Closes Leasehold Sale of OC Community
Bridge Investment Group sold Coronado Palms, a 168-unit garden-style community in Anaheim, Calif., to Canyon Multifamily Impact Fund.
Finance & Investment

  • Western National Begins Construction of Luxury CA Development

    The company has started building its 11th property in Brea. Calligraphy, a 206-unit community, is expected to be completed in early 2019.

    06 September 2017 14:21

  • Demographic Shifts Pick Up Speed in Orange County

    Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand, pushing up rents and keeping occupancy over 96 percent.

    01 September 2017 13:02

  • RD Olson Breaks Ground on 4th Affordable Community

    The general contracting firm is building a 55-unit affordable housing asset in Fullerton, Calif. IDS Group serves as the architect and Related California is the developer.

    08 August 2017 14:10

  • Berkadia Closes Sale of Student Housing Assets for $146M

    The properties include Ava University District, a 289-unit community, near the University of Washington, and Fullerton University Village, a 100-unit community near California State University.

    28 June 2017 18:03

  • JLL Snags Investment SVP in SoCal

    With more than a decade of experience, Christopher Arvizu will focus on multifamily sales in Orange County and the Inland Empire as part of the firm's capital markets team.

    20 June 2017 15:39

  • Kidder Mathews Taps Orange County VP

    Based in the firm’s Orange County office, Johnny Chang will specialize in multifamily investments. He joins from CBRE and has transactions totaling more than $250 million under his belt.

    14 June 2017 14:38

  • JPI Lands $132M for Jefferson Stadium Park Phase II

    The project is part of a three-phase, master-planned development in Anaheim's Platinum Triangle. The property will feature 1,079 luxury apartment homes, a 1.1-acre public park, as well as 14,600 square feet of retail.

    31 May 2017 15:08

  • CBRE Leads Record Sale of OC Community

    The brokerage firm arranged the sale of a 21-unit community in Santa Ana, Calif., at one of the highest price-per-square foot values for in the city. The buyer, NNC Apartment Ventures, plans to renovate the property, which was built in 1987.

    30 May 2017 17:15

  • Yardi Matrix: Orange County’s Bright Outlook

    The high barrier to homeownership combined with a limited supply of new apartments has pushed multifamily occupancy to among the highest in the country.

    22 March 2017 13:58