West
Affordable KTGY-Designed Property Opens in the Bay Area
Pauline Weaver Senior Apartments includes 90 units. Eden Housing is the developer of the age-restricted community in the Warm Springs area of Fremont, Calif.
Tower 16 Capital Partners Buys Inland Empire Community for $63M
The value-add investment and management firm purchased the 352-unit asset in Colton, Calif., from FPA Multifamily and will invest an additional $4 million in renovations and upgrades.
Advenir Secures $191M for Three-State Portfolio
The investment firm acquired six residential communities totaling 1,843 units in Alabama, Colorado and Texas. HFF arranged the financing in the deal.
Portland Community Trades for $14M
Since acquiring the property in 2016, Pathfinder has made various renovations including new landscaping, corridors, new interior lobby, light fixtures, artwork and a new dog park.
Security Properties, Rockwood Capital Acquire Seattle-Area Asset
Taluswood in Mountlake Terrace is one of the largest garden-style apartment communities north of Seattle and will be managed by Security Properties Residential.
Starlight Adds $80M Arizona Community to Portfolio
The investment firm’s U.S. multifamily vehicle acquired the 282-unit luxury property in the city of Scottsdale from Sunridge Apartments, adding to its network of recently completed assets in Southern metro areas.
Storm-Damaged South Bay Community Changes Hands
New owners IDEAL Capital Group and Aegon Real Assets US will invest in renovations and upgrades of the 105-unit asset sold by Stockbridge Capital Group.
Bridge Investment Group Opens SoCal Community
The owner broke ground on the 346-unit Class A multifamily asset in early 2017, with East West Bank providing construction financing.
San Mateo Community Sells for $26M
Marcus & Millichap’s Levin Johnston arranged the sale of the 38-unit property located within two miles of downtown.
Tides Equities Buys AZ Property for $40M
Berkadia arranged the sale of the 488-unit garden-style community located in Phoenix, approximately 10 miles from downtown. The brokerage firm represented the seller in the transaction.