West
California Communities Trade for $17M
The two neighboring communities in Azusa, Calif., built in the 60s, total 72 units that will be upgraded by the new owner.
CBRE Brokers South San Diego County Sale
Allen Chitayat and Nate Pepper represented the buyer, a Viewpoint Equities Inc. subsidiary. Hollister Creek Village traded for nearly $11 million.
Campus Advantage to Manage San Diego Student Housing
The 246-bed community is located on the south edge of San Diego State University’s campus.
NexPoint Acquires Las Vegas Portfolio for $241M
The three communities total 1,163 units and are located west of downtown.
Investment Concepts Pays $18M for Las Vegas Luxury Asset
The acquisition of the 62-unit community ranks as the highest per-unit deal to close in the metro this year.
HGI Funds Luxury Los Angeles Project
The five-story, Class A community will be located near large employers including Google, Facebook and Amazon.
LivCor Pays $43M for Phoenix Asset
The buyer of the 240-unit property assumed the remaining balance of a $20 million financing package taken by the seller in mid-2016.
Optimus Properties Lands Refi for 3 Seattle-Area Assets
Greystone and Umpqua Bank provided the non-recourse, fixed-rate loans for the communities.
BRIDGE Elects Molly Turner to Board of Directors
The former Airbnb director and urban tech expert will be the new board member of the San Francisco-based nonprofit.
Inland Real Estate Buys Phoenix Community for $56M
Santander Bank provided the buyer of the 225-unit property with more than $30 million in acquisition financing.