West
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.
Orange County Multifamily Report – Winter 2020
Although transactions nearly ground to a halt in anticipation of the new regulations, the area’s multifamily sector finished 2019 on a high note.
Mixed-Income Community Opens in San Francisco
The three-building asset in the Transbay neighborhood includes 548 units, with more than a quarter of them geared toward low-income residents.
Buchanan Funds $55M Construction Loan in SoCal
Serrano Development Group is building a 163-unit mixed-use residential and retail development in Azusa, Calif.
Cowles Co. Secures Financing for Washington Community
Originally developed in 1914, the 10-story building was repurposed for residential use in 2016.
Sparrow Partners Breaks Ground on Senior Living Project
The 193-unit development will be the first active adult community in Surprise, Ariz.
Bluerock Purchases Luxury Phoenix Community
The 254-unit upscale property last traded in 2017 for more than $40 million.
CBRE Arranges $46M Sale in Denver
The team of Dan Woodward, David Potarf, and Matt Barnett negotiated the deal on behalf of the seller.
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.