West
LMC Begins Leasing at Luxury Property in Seattle
Phase one of Valdok offers 178 units and provides access to amenities including coworking spaces, a 24-hour fitness center and a pet park.
Top 10 Inland Empire Multifamily Transactions
The Inland Empire market continues to grow its multifamily inventory at a slow burn, further inflating rent rates and property values. One result is rising per-unit prices, which are about $9,000 higher than the national average.
Luxury Tower Breaks Ground in Long Beach, CA
Shoreline Gateway, a 35-story development, will be the city’s tallest community. Construction is expected to be completed by the end of 2021.
West Hollywood Community Trades in All-Cash Deal
CBRE arranged the sale of a 24-unit property located approximately 9 miles from downtown Los Angeles. The brokerage company represented both the buyer and the seller in the deal.
New Supply Matches Lifestyle Demand in Orange County
Multifamily developers are focusing on expensive submarkets, including West Irvine and Anaheim–Central, while transaction activity is slowing in the context of rising property values.
Luxury Denver Community Receives $50M Loan
BMC Investments is developing its new luxury brand, the St. Paul Collection. The first phase, finished in June, totals 81 units and 11,000 square feet of retail.
LMC Launches Leasing at CA Community
Located in the Southern California seaside town of Carlsbad, the 278-unit Marisol features smart home technology and offers a range of amenities.
CBRE Brokers $93M Denver Community Sale
Dan Woodward, David Potarf and Matthew Barnett worked on behalf of the seller, a joint venture of TruAmerica Multifamily and Investcorp.
IPA Brokers Sale of 224-Unit Property
Working on behalf of Fairfield Residential, the brokerage firm procured the buyer, a private investor. The community is located around 26 miles from downtown Los Angeles.
On the Market: 5 Interesting Listings for the Week of 10/1
This week’s listings include a recently renovated community across the street from the University of Miami; an historic five-story building in downtown New Britain, Conn.; and a Spanish Colonial Revival-style property in West Hollywood, Calif.