Multifamily news in Sacramento
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OpenPath Investments Grows Sacramento Portfolio
The company financed the acquisition of the 104-unit Sierra Park Townhomes through a $15.5 million, 10-year Freddie Mac loan.
02 December 2019 16:49 -
Aegon Launches Opportunity Zone Platform
The firm formed a joint venture with a subsidiary of Kemper Corp. to develop a $60 million project in Sacramento.
05 November 2019 14:26 -
Sacramento Community Commands $16M
The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.
28 October 2019 16:55 -
Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
02 October 2019 13:43 -
Sacramento Multifamily Report – Summer 2019
The metro is now largely a landlord’s market due to limited inventory growth and the Bay Area’s exodus.
30 September 2019 13:42 -
The Key Factors Behind Sacramento’s Growth
CBRE’s Marc Ross discusses the current landscape of the Sacramento multifamily market and reveals what fuels its steady progress.
27 August 2019 09:55 -
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