West
Two New Affordable Housing Buildings Open in SoCal
Stella and Bluewater will provide 160 units of housing for formerly homeless individuals, those with special needs and low-income residents in San Diego.
Hunt Real Estate Arranges Refi for West Oregon Community
The loan amount is almost double the existing debt from Fannie Mae, which the owner took out 10 years ago.
Grand Peaks Acquires 220-Unit Southeast Denver Community
The property sold for $36 million, almost three times the price it traded for in 2012.
OpenPath Investments Grows Sacramento Portfolio
The company financed the acquisition of the 104-unit Sierra Park Townhomes through a $15.5 million, 10-year Freddie Mac loan.
RISE Properties Trust Expands Holdings with $102M Purchase
The Canadian multifamily REIT acquired Salix Juanita Village in Kirkland, Wash., and plans to renovate and reposition the 211-unit asset.
IPA Brokers Sale of West Seattle Asset
IPA’s Philip Assouad, Giovanni Napoli, Ryan Dinius and Sidney Warsinske worked on behalf of the seller and procured the buyer.
Bay Area Mixed-Use Development Breaks Ground
Located in Walnut Creek, Calif., Anton DevCo’s project will include 135 residential units and 9,000 square feet of retail.
Abacus Capital Group Grows Seattle Presence
A team from Berkadia represented the seller in the $59.5 million disposition of The Renton Sage, a 284-unit community in Renton, Wash.
FPA Pays $34M for Los Angeles-Area Community
The 108-unit property was 95.4 percent occupied as of October, per Yardi Matrix data.
Capstone to Open New Arizona Student Housing Community
Set to be completed in fall 2020, the project will be located on ASU’s Polytechnic campus.