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Afton Properties Buys Los Angeles-Area Property for $132M
Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.
$165M Secured for New Los Angeles Community
The newly built, 376-unit rental property was developed by Mill Creek Residential and was completed last month.
Airbnb Pledges $25M to Affordable Housing Efforts
The short-term home lodging website will invest in projects supporting, building and preserving affordable housing in California.
5 Things You Should Know About California’s New Rent Control Law
Top takeaways from the far-reaching legislation enacted by the nation’s largest state.
Bascom, Artemis Buy California Townhome Community
The partners acquired Phoenix Townhomes, a 248-unit condominium-style property in Fresno.
Decron Buys 2nd Seattle-Area Community for $79M
The real estate developer snapped up a 302-unit property in Kent, Wash., boosting its portfolio in the region to 860 units.
Partially Affordable Community Trades in Phoenix
In a deal orchestrated by Institutional Property Advisors, ReNUE Properties acquired Legacy Bungalows in Phoenix for 26.1 million.
Security Properties Expands Washington Footprint
The company now commands 5,000 units in the Puget Sound area after its purchase of Villas at Kennedy Creek in Tumwater.
Fore Property Sells Phoenix-Area Asset for $79M
The buyer financed the acquisition with a $62.2 million loan from TPG Capital. The 344-unit Summerly at Zanjero is LEED Silver certified.