West

Orange County Property Commands $98M

A private investor scooped up the 264-unit, Class A asset in Santa Ana, Calif. Built in 2016 by Lyon Living and Integral Communities, the multifamily property includes 10 affordable units.

Portland Matrix Report Photo by Ahorica iStockphoto.com

Portland Multifamily Report – Summer 2019

Due to a combination of peak development and weakening employment gains, year-over-year multifamily rent growth in the metro decelerated to 1.2 percent.

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.