West

Birge & Held Expands Colorado Footprint

The private equity and property management firm purchased Aspen, Colo.’s largest multifamily property.

Marcus & Millichap Closes $25M Sale of Monterey Bay Asset

Senior Managing Director Eduardo Cerna represented the seller in the disposition of the 121-unit community in Seaside, Calif.

Gemdale Sells Suburban Los Angeles Community

A private investor picked up the 85-unit South Hills Apartments for $32 million.

Levin Johnston Arranges Bay Area 1031 Exchange

Adam Levin and Robert Johnston facilitated the sale of an 18-unit community in San Jose, Calif., and the acquisition of a 15-unit asset in San Carlos, Calif.

Seattle-Area Community Scores $23M Refi

NorthMarq secured the Fannie Mae loan for the third phase of the 486-unit property.

San Diego Workforce Housing Portfolio Grabs $59M Refi

Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.

Sacramento-Area Community Gets $15M Refi

Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.

Denver Developer Scores $19M Construction Loan

A JLL Capital Markets team arranged the financing for a 111-unit project on behalf of Botnick Realty.

WNC Raises $129M for Institutional LIHTC Fund

The latest LIHTC fund from the Irvine, Calif.-based firm will develop and renovate more than 1,600 affordable housing units in nine states.

San Diego Multifamily Wrap-Up – March 2020

La Mesa community sells for $35 million. Historic building slated for redevelopment. Here’s our March selection of San Diego must-reads.