Multifamily news in Sacramento
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Aspen Square Management Sells Sacramento-Area Apartments
A 114-unit community in Carmichael, Calif., traded for a record-setting $203,000 per unit.
23 August 2019 13:42 -
Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio
The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.
24 July 2019 13:03 -
NKF Facilitates $36M Sacramento Sale
Managing Director Zachary LeBeouf and Senior Managing Director Anthony Pappageorge worked on behalf of the buyer. The transaction was a 1031 exchange.
16 July 2019 06:10 -
California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.
25 June 2019 14:05 -
JV Breaks Ground on Sacramento Affordable Community
The two buildings totaling 65 units will serve veterans, low-income families and individuals with special needs in Roseville. The project is slated for completion in Fall 2020.
12 June 2019 17:29 -
Sacramento Multifamily Report – Spring 2019
Limited housing supply and growing demographics continue to put pressure on the metro’s apartment market. Rents rose by 4.6 percent year-over-year through March, well above the national average.
07 June 2019 10:37 -
Standard Communities to Renovate 128 Affordable Units in the Bay Area
The company acquired Parkside Villa Apartments and Rockwell Manor Apartments in Fairfield, Calif., and intends to invest $7 million in upgrades at both properties.
04 June 2019 16:51 -
Rehab Complete on Affordable Sacramento-Area Property
Community Preservation Partners invested $35.6 million at Danbury Park Apartments, a 140-unit asset in Antelope, Calif. Ten percent of the community is now ADA compliant.
08 May 2019 14:44 -
ACI Facilitates Sale of Sacramento Property
Senior Associate Doug Taber brokered the $4 million sale on behalf of the seller. The buyer was self-represented in the deal.
23 April 2019 16:19 -
29th Street Capital Names New SVP
The company has added Kevin Smith to lead its multifamily development activity. He brings 25 years of experience to his new position.
10 April 2019 11:13 -
South Coast Commercial Buys NorCal Community
The firm financed the acquisition of the fully occupied Class B asset with a 15-year, $7 million mortgage from Banc of California.
04 April 2019 17:22 -
SKK Developments, Grupe Co. Complete Sacramento Community
The newly completed property is located in the heart of Sacramento near major thoroughfares such as Interstate 80 and Freeway 50.
04 April 2019 15:57 -
Largest US Student Housing Project Breaks Ground
Developed by the Michaels Organization and designed by Stantec, the $575 million UC Davis West Village community will have a total of 3,300 beds, with 1,000 scheduled for delivery by fall 2020.
27 February 2019 14:00 -
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 -
EVs Roll Out of California With Real Estate Partnerships
More than 100 apartment communities, workplaces and hotels have signed on to provide Envoy Technologies’ electric vehicles as an on-site amenity.
31 January 2019 08:18