West
JPI Lands $80M Financing for LA-Area Project
With a combination of attractive amenities and competitive rents, the new community will target an unmet need in South Gate, Calif.
Starwood Sells Denver-Area Multifamily Property
IMT Capital financed the acquisition with a $108.2 million Freddie Mac loan originated by CBRE Capital Markets.
Seattle Multifamily Report – Summer 2019
There were more than 21,500 multifamily units under construction as of June, with 8,131 expected to come online by December.
Bascom Group Scores $235M Refi
The refinancing is for an 11-property multifamily portfolio spread across five states.
Los Angeles Age-Restricted Community Sells for $34M
Positive Investments acquired the 162-unit property, financing the deal with a Freddie Mac loan from Capital One.
MBK Rental Living Opens Inland Empire Apartments
Mitchell Place is located in a fast-growing city within California’s Riverside County.
MG Properties Buys 2 Los Angeles Communities for $140M
The company’s buying spree continues with the acquisition of two properties totaling 397 units in Canoga Park and Northridge, Calif.
Prime Group Buys 309-Unit Portland Property
Newmark Knight Frank originated a $63.7 million Freddie Mac acquisition loan, set to mature in 2031.
Powered by Geothermal, Community Changes Hands for $72M
C&A Cos. and Commonwealth Group sold the 288-unit Elements at Prairie Center, located in Brighton, Colo., which taps into heat from the earth.
Downtown San Jose Project Scores $67M Financing
Acquity Realty Inc. has received the joint venture equity and construction financing for The Firestone, a 130-unit apartment community with retail space in the downtown SoFA District.