West

Sussex Capital Sells Suburban Los Angeles Community

HomeStreet Bank provided the buyer with a $7.2 million, long-term acquisition loan.

Suburban Seattle Community Trades for $21M

The new owner financed the purchase with a Fannie Mae loan provided by Greystone.

Albuquerque Apartment Portfolio Changes Hands

The buyer of the Class C communities’ 420 units assumed the seller’s CMBS financing as part of the deal.

KBS Sells 453-Unit Salt Lake City Community

Oakmont Properties acquired the luxury property in the face of economic uncertainty that complicated the deal.

Berkadia Secures $148M for 4 Communities

The refinancing deals covered properties in Virginia, Maryland and Montana and included three Freddie Mac loans.

Berkadia Arranges $44M Class B Portfolio Refi

The new loans pay down $28.8 million previously taken for Allmark Properties’ two communities in Texas and Southern California.

Top 5 San Francisco Submarkets for Construction Activity

Here’s a breakdown of the metro’s top submarkets with the largest number of units underway as of mid-April.

UDR Trades Suburban Seattle Apartments for $93M

Berkadia provided the buyer of the Class A property with a $59 million Freddie Mac loan.

Las Vegas Multifamily Wrap-Up – April 2020

NorthMarq Capital provides portfolio refi. Camino Verde Group expands footprint. Read our April selection of Las Vegas must-knows.

San Francisco Affordable Building Achieves LEED Platinum

BRIDGE Housing developed the 72-unit property as part of the HOPE SF Potrero Hill Master Plan.