West
George Smith Partners Secures $30M Construction Loan
The financing will be used to break ground on The Cartee, a project in downtown Boise, Idaho.
Los Angeles-Area Community Sells for $49M
The 11-building property in Cerritos, Calif., traded for $324,000 per unit.
Suburban Denver Community Sells for $30M
CBRE provided buyer Montgomery Partners with a seven-year acquisition loan through Freddie Mac.
MBA Predicts Slow Economy, Stable Rates
The strength of the U.S. economy continues, but the list of uncertainties gets longer and longer, says the Mortgage Bankers Association’s Chief Economist Michael Frantantoni.
Luxury Senior Community Underway Near Los Angeles
The first senior facility in Warner Center will include independent living, assisted living and memory care units.
Seattle Luxury Development Scores Construction Loan
First Interstate Bank provided the financing for the 93-unit project to developer Vibrant Cities.
San Jose Multifamily Report – Winter 2020
Long boosted by one of the country’s strongest economies, San Jose’s rent hikes have hit a ceiling, at least for now.
Turner Impact Makes 1st Pacific Northwest Foray
The move is part of the company’s strategy to acquire $2 billion of assets nationwide through its investment funds.
Doors Open at Senior Community Near San Francisco
BRIDGE Housing had several financial partners for the construction of the 85-unit La Vereda in San Leandro, Calif.
Equity Residential Sells Phoenix Community for $31M
The buyer financed the acquisition with a $19.6 million Freddie Mac loan secured by Newmark Knight Frank.