West
Sacramento Multifamily Report – March 2022
Despite a seasonal slowdown, California’s capital entered 2022 on the right foot.
Medistar JV to Bring 1 MSF Mixed-Use Development to Phoenix
A partnership with GMH Communities and CBRE Investment Management, the project will include two residential towers, office and retail.
CREC JV Buys $48M North Phoenix Asset
Sound Point Capital Management provided acquisition financing for the value-add property.
Laguna Point Properties Secures $329M Loan
The financing will go toward the acquisition of a portfolio in downtown Los Angeles.
Bridge Investment Group Buys $72M North Bay Community
Cushman & Wakefield brokered the transaction on behalf of the seller.
San Jose Multifamily Report – March 2022
Despite a slower start in the recovery, San Jose rent growth has reached double digits.
Starwood REIT Buys 7 in Phoenix for $345M
This transaction marks one of the largest for affordable housing in Arizona’s history.
Phoenix-Area Senior Housing Scores $140M
The community’s second phase is slated for delivery in mid-2023.
Bard Investment Lands $158M Refi for Phoenix Assets
NewPoint secured the loans on behalf of the borrowers.