West
Top 5 San Jose Submarkets for Construction Activity
Although the metro had nearly 12,000 units underway, significant delays due to the novel coronavirus could be in store for many projects.
Top 5 San Diego Submarkets for Construction Activity
Here’s a breakdown of the metro’s top submarkets with the largest number of units underway as of April, based on Yardi Matrix data.
IPA Arranges Sale of Bay Area Multifamily Portfolio
The firm sold three properties totaling 150 units in Walnut Creek, Calif.
Greystone Scores $86M Refi for San Francisco-Area Community
Legacy Homes chose the 10-year Freddie Mac loan instead of selling the property in Tracy, Calif.
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
Decron Properties Expands in California
The company paid $71.5 million for a 188-unit community located in Fremont.
Portland Multifamily Report – Spring 2020
After a healthy first quarter, the market is slated for a slowdown as the health crisis plays out.
UDR Sells Seattle-Area Asset for $50M
Berkadia provided the new owner with a $30.5 million Freddie Mac acquisition loan.
Los Angeles Community Trades for $20M
The 96-unit property sold to a private investor. KW Commercial brokered the deal.
CBRE Closes Northwest Los Angeles Multifamily Sale
First Vice President Melinda Russell represented both the buyer and seller in the trade of the 20-unit Studio City property.