West

Five Doors Plus Buys Phoenix Asset

The new owner assumed an existing CMBS Freddie Mac loan.

Las Vegas MSA Self Storage Trades

HPI Real Estate sold the recently developed property.

Can California Legislate More Affordable Units?

A deep dive into the state’s new Middle Class Housing Act.

Nuveen Acquires $116M Phoenix Community

The Rockefeller Group sold the 19-building property, which is near several major employers.

Top California Markets for Multifamily Construction Activity

We looked at the Golden State’s major metros by new supply, according to Yardi Matrix data.

Liv Ahwatukee

Clearwater Living Acquires $255M Senior Housing Portfolio

A collection of four Class A properties increases the company’s footprint in the Phoenix region.

PEF Advisors Buys Veterans Affordable Housing

The San Diego community caters to tenants earning 30, 65 and 80 of the area median income.

https://www.pexels.com/photo/blue-and-gray-concrete-house-with-attic-during-twilight-186077/

Blue Vista JV Lands $30M Loan for Phoenix BTR Project

JLL arranged the construction loan for the 153-unit property through Old National Bank.

At the end of last year, the company also opened Vela, a 87-unit fully affordable and supportive living community in Los Angeles. Image courtesy of Affirmed Housing

Affirmed Housing Opens California Affordable Community

The property also offers supportive housing for formerly homeless populations.

Orange County Multifamily Report – October 2022

While the economy recovered, the market is once again slowing down.