West
Seattle Tower Project Secures $185M
Square Mile Capital originated the loan for the 352-unit development on behalf of a joint venture between Laconia Development and Vanke Holdings USA.
JV Secures $26M in Financing for CA Community
The new owners will upgrade apartment interiors, exteriors and communal areas at the 88-unit community located in Buena Park, Calif.
Matrix Multifamily San Francisco Report – Winter 2019
A lull in the metro’s multifamily construction activity has boosted rents 3.9 percent year-over-year through October to $2,662, nearly double the national figure.
Bertram Partners Lands $72M Refi for CA Properties
The Freddie Mac loan—which was arranged by HFF—will be used to refinance the debt on three communities in Orange County.
Microsoft Commits $500M to Affordable Housing in Seattle
The software giant proposes a combination of loans and grants to help expand the Puget Sound region’s inventory of affordable housing.
Luxury San Diego Community Launches Leasing
LMC developed the 220-unit Luma Apartments in the city’s Little Italy neighborhood. The 24-story high-rise is LEED gold certified.
Scottsdale Property Receives $24M Refi
HFF secured the loan on behalf of the borrower, The Sunset Group, for the 134-unit community located roughly 12 miles from downtown Phoenix.
Inland Empire Community Sells for $42M
Berkadia has arranged the sale of the 194-unit property located in Ontario, Calif., approximately 26 miles from downtown San Bernardino.
Luxury Silicon Valley Community Trades for $110M
Institutional Property Advisors brokered the sale of the 238-unit upscale asset located in San Jose on behalf of the seller, Cityview.
CGI Strategies Acquires LA-Area Community for $20M
The firm purchased Parkwood Apartments, a 78-unit property in the Los Feliz neighborhood, with plans to upgrade the building’s infrastructure and common areas.