Broadstone Montecito

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  • New Affordable Housing Coming to San Diego

    Affirmed Housing began construction of a 79-unit community in Pacific Highlands Ranch. Dubbed Luna, the property will rent to those who earn between 50 and 60 percent of the area’s median income.

    21 September 2017 17:07
  • 29SC Expands Into Sacramento With 110-Unit Community

    The company plans to spend $1.3 million in capital improvements in the property located in Citrus Heights, Calif., a submarket with a more than 8 percent rental rate growth.

    20 June 2017 16:42
  • Pillar Provides Freddie Mac Loan for Richmond Community

    The company originated a $10.4 million, 7-year loan for the acquisition of a 348-unit community located in the Bellwood. The asset has an occupancy rate of 97.4 percent.

    19 July 2017 10:04
  • ROSS Appoints New Associate VP of Operations

    Tony Perichino will join the team overseeing third-party assignments and development initiatives in the metro D.C. and Baltimore markets.

    02 October 2017 16:49
  • NHPF Leader Shares Affordable Strategies

    CEO Richard Burns explores industry trends and what investors should be on the lookout for in the coming year.

    04 October 2017 20:47
  • Cush & Wake Secures $22M NC Community Sale

    PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.

    16 August 2017 17:39
  • Economy Watch: China Named Top Buyer, Seller of US CRE

    One-fifth of realtors that participated in the National Association of Realtors latest survey on foreign investment in U.S. commercial real estate said they had closed a sale with an international client in 2016. They also expect increased sales and leasing activity involving foreign investors this year.

    21 June 2017 13:25
  • Multifamily Apartment Growth Surges in SoCal

    Multifamily apartments are going up in historic numbers all over Southern California. Here is a look at what is driving this massive build.

    29 June 2017 19:11
  • IRET Acquires $62M Minneapolis Community

    The company acquired a Minneapolis community, located in one of St. Paul’s most vibrant neighborhoods. The property was 45 percent pre-leased as of April.

    29 May 2017 13:14
  • May Employment Solid but Concerns Remain

    The United States economy added 138,000 jobs in May, according to the Bureau of Labor Statistics. The unemployment rate has now remained at less than 5 percent for a year, but the picture is not entirely rosy.

    20 June 2017 18:39