West

NKF Facilitates $36M Sacramento Sale

Managing Director Zachary LeBeouf and Senior Managing Director Anthony Pappageorge worked on behalf of the buyer. The transaction was a 1031 exchange.

Redwood Capital Enters Phoenix with $118M Buy

The Chicago-based company made its first foray in the market by acquiring a 365-unit luxury community located in Scottsdale, Ariz.

Tides Equities Buys Phoenix Community for $57M

The real estate investment firm added a 436-unit community to its rapidly growing portfolio in the city. NorthMarq arranged the deal, including a $49.1 million bridge loan.

San Diego Communities Land $223M Refi

Totaling 803 units in the Kearny Mesa submarket, the two rental properties are part of the 232-acre Centrum Master Plan.

The Praedium Group Expands Inland Empire Holdings

The New York City-based real estate investment firm acquired Lasselle Place, a 15-building rental community located in Moreno Valley.

Phoenix Apartments Command $69M

CBRE Capital Markets provided Lurin Capital with a $43 million acquisition loan for the purchase of the 283-unit luxury community.

Bay Area Senior Housing Community Breaks Ground

Developed by Eden Housing, Alameda Point Senior Apartments is part of the $1 billion project at the former Navy base on San Francisco Bay in Alameda, Calif.

Phoenix-Area Community Changes Hands for $19M

Real estate private equity firm WhiteHaven Capital acquired Ridgepoint Apartments, a 164-unit property in Glendale, Ariz. The six-building asset was built in 1986.

Orange County Metro Report Photo by DianeBentleyRaymond iStockphoto.com

Orange County Multifamily Report – Summer 2019

Despite the delivery of 4,789 units in 2018, the metro’s supply levels have yet to catch up with pent-up demand.

Bridge Housing, John Stewart Co. Break Ground on San Francisco Affordable Housing

Through a public-private partnership, the companies began construction on two projects for low-income residents, which will be located on the sites of former parking lots.