West

LA Senior Housing Breaks Ground

Related Cos. and Community Development Corp.’s The Curve @ West Angeles will have 70 units, including 29 for very-low-income residents.

Demand Keeps Up With Supply in Phoenix

Healthy employment and demographic trends are boosting multifamily demand in the Valley of the Sun, where rent growth is expected to reach 5.0 percent this year.

CA Property Sells for $16M

Avison Young has arranged the sale of the 28-unit property located in Culver City, approximately 10 miles from downtown Los Angeles.

Rendering of The Cameron

StreetLights Residential Breaks Ground in AZ

The company assumed a $47.9 million loan to develop The Cameron, a 349-unit luxury community in Tempe.

Dougherty Closes Acquisition Loan for Minneapolis Asset

The company worked on behalf of the borrower to secure the 35-year term HID 223(f) acquisition and rehabilitation loan. The borrower will invest $34,000 per unit in upgrades.

JV’s San Diego-Area Townhouses Near Completion

Pathfinder Partners and D.K. Realty Holdings are developing Paseo Village Townhomes in Ramona. The community will include 31 units across nine buildings.

In Case You Missed It: MHN’s Top 5 Posts in June

Miss out on any of our articles? Catch up with five of our most popular posts for the month.

Trion Properties Acquires $28M OR Community

The purchase of Pacific Crest in Tigard marks the firm’s 10th investment in the Portland area within the last three years, bringing its area portfolio to 700 units.

Marcus & Millichap Facilitates Southern CA Sales via 1031 Exchanges

Located in Anaheim and Oceanside, the four communities changed hands for $67.7 million combined. Tyler Leeson and Drew Holden represented the sellers and also procured the buyers.

CBRE Arranges Affordable CO Sale

Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented the seller. The Romero Group manages the property located within Willits Town center, a 360,000-square-foot mixed-use development.