West
KeyBank Secures $25M for Phoenix-Area Affordable Asset
Robbie Lynn and Steve Sparks structured the acquisition and renovation financing for the 127-unit property in Chandler.
Mogharebi Group Closes San Diego-Area Sale
The team of Alex Mogharebi and President Otto Ozen spearheaded the $8.6 million deal.
Phoenix Community Changes Hands for $13M
The buyer financed the purchase with a $9.5 million Freddie Mac loan from Prudential Financial.
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.