Multifamily news in Sacramento
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Sacramento Multifamily Report – Fall 2020
With rents and occupancy inching up, the metro is faring much better than the nearby Bay Area.
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What Is Driving Growth Throughout the Sacramento Area?
29th Street Capital’s Kevin Smith examines the housing fundamentals in the capital city of California and delves into the strengths of the market.
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How Sacramento Benefits from the Bay Area Exodus: Q&A
Graceada Partners’ Joe Muratore unveils what makes Sacramento an appealing market to invest in during an economic downturn.
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Marcus & Millichap Closes $58M Sacramento-Area Deal
First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.
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Oakmont Properties Buys Sacramento Asset for $118M
CBRE brokered the sale of the 277-unit Press at Midtown Quarter, marking one of the city's largest-ever apartment deals.
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Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
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Michaels Organization Debuts Phase I of Student Housing Project
The completed development at University of California, Davis will feature nearly 3,300 beds.
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Sacramento Multifamily Report – Summer 2020
While rents have contracted since the outset of the health crisis, the metro's employment composition and limited supply act as tailwinds.
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What Draws Investors’ Attention to Western Markets?
MG Properties Group’s Paul Kaseburg talks about the strategy behind the company’s investment activity in Western markets.
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JV Scores $73M Loan for Sacramento Student Housing Project
The 223-unit mid-rise property is located within walking distance of the local California State University campus.
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Sacramento-Area Community Gets $15M Refi
Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.
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MG Properties Grows Sacramento Footprint
The company acquired a 270-unit community adjacent to the city of Elk Grove, bringing its local unit count to nearly 1,000.
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Landmark Properties JV Buys California Student Housing Asset
The 2,289-bed community is subject to a 65-year ground lease held by UC Davis.
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Sacramento Multifamily Report – Winter 2020
Tepid development and the Bay Area's spillover effect continue to push area rents to new heights.
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Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.