West
JLL Appoints New SoCal Senior Vice President
Chris Benton brings more than 15 years of experience to the position. He will advise institutional investors on the sale of multifamily assets in the Los Angeles area.
LA’s Largest Co-Living Project Reaches Completion
California Landmark Group has completed construction of C1, a rental building featuring 51 market-rate apartments and 17 co-living units.
Waterford Buys Newport Beach Portfolio for $31M
Kidder Mathews represented the buyer and seller in the deal, which included an assemblage of nine adjacent parcels encompassing an entire city block in Dover Shores.
Portland Tower Receives $97M Loan
The 348-unit rental community taking shape in the heart of the city’s CBD is being developed by Alamo Manhattan. HFF arranged the financing on behalf of the developer.
Rincon Partners Sells Phoenix Community for $34M
LoanCore Capital provided the buyer with nearly $30 million in acquisition financing. The new owner rebranded the asset and chose a new property manager.
Jamboree Breaks Ground on Affordable OC Project
Encompassing 75 units, Santa Ana Veterans Village will cater to homeless veterans and their families. The developer estimates the total development costs at $29.7 million.
Coast Equity Purchases Suburban Seattle Community
Hunt Real Estate Capital provided the buyer with more than $16 million through Freddie Mac to finance the nearly $25 million acquisition.
Bridge Investment Group Pays $144M for WA Portfolio
Wells Fargo Bank provided the buyer with nearly $94 million in financing to acquire the assets, which contain 682 units across two properties
LaSalle Property Fund Purchases Phoenix Multifamily Community
The firm acquired the 488-unit luxury San Melia property in the desirable Ahwatukee Foothills submarket on behalf of its U.S. core open-end real estate fund.
Portland Luxury Asset Sells for $58M
The 182-unit rental building was completed in 2017 by Fore Property Co. and is located in the Southwest Hills submarket.