West

LaTerra, QuadReal Form $250M Multifamily JV

The U.S. developer and Canadian real estate investment firm are teaming up to build two communities in the Los Angeles area.

Berkadia Arranges Sale of 228-Unit Wyoming Community

The company also secured $26 million in acquisition financing on behalf of the buyer.

JV Scores $73M Loan for Sacramento Student Housing Project

The 223-unit mid-rise property is located within walking distance of the local California State University campus.

LINC Breaks Ground on Los Angeles Affordable Project

The 64-unit development, catering to former homeless families and individuals, is slated for a late 2021 completion.

Phoenix Portfolio Owners Score $186M Refinancing

JLL arranged the Freddie Mac loans on behalf of a partnership between Wealhouse Capital Management and Western Wealth Capital.

Greenlight Communities Lands $23M for Phoenix Project

JLL secured the funds for the developer and facilitated a joint venture equity partnership with Bridge Investment Group.

Phoenix Development Co. Breaks Ground on Affordable California Community

In partnership with Integrity Housing, the company began construction on the Santa Rosa property, which is scheduled for completion in August 2021.

San Francisco Mixed-Use Project Lands $22M Refi

Located three blocks from the global headquarters of Twitter and Uber, the project includes 42 micro units, first floor retail and a full level of office space.

Hines, MetLife Begin Construction on Northern California Community

The Grant is located in downtown Concord, Calif., and is expected to be completed in the third quarter of 2022.

JLL Brokers Sale of Portland Luxury Community

Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano represented the seller.