West
Positive Investments Buys Los Angeles Affordable Housing
The 200-unit community in Sylmar last changed hands in late 2018 for $13.5 million.
JV Pays $25M For Seattle-Area Apartments
Odyssey Properties and L5 Investments received $17 million in Freddie Mac financing for the purchase.
CFY Development JV Lands $78M for Sacramento Affordable Project
KeyBank provided financing for the 159-unit community slated for a 2022 completion.
Sunroad Enterprises Buys Phoenix Property for $84M
The new owner financed the acquisition of the 346-unit property in Chandler with a $73.3 million loan from Prime Finance Partners.
JLL Arranges Construction Loan for San Diego-Area Townhomes
Director Chris Collins arranged the financing on behalf of Responsible Residential for its property in Santee, Calif.
Walker & Dunlop Adds Senior Director in Utah
Prior to joining the company, Colton Smith spent more than 10 years at Marcus & Millichap.
Sacramento Multifamily Report – Fall 2020
With rents and occupancy inching up, the metro is faring much better than the nearby Bay Area.
Orange County Adaptive Reuse Project Sells for $54M
The historic office building in Santa Ana, Calif., will turn into a 148-unit workforce housing community.
Bay Area Community Trades for $23M
Colliers International represented the seller, Pierron Properties, in the transaction with MC Investment Partners.
MBK Rental Living Opens 1st Santa Barbara County Property
Azure is a luxury lifestyle property with 318 units located in Santa Maria, Calif.