West
Greysteel Secures $9M Refi for LA Community
The company arranged the loan for Appletree Village Apartments, a 125-unit affordable housing community located in North Hills, Calif.
Related Cos. Opens Luxury Community in Hollywood
The Argyle House, the latest in the company’s Reserve Collection, includes 114 units and integrated smart technology such as app-based grocery ordering, pantry and fridge stocking, dry cleaning, and laundry pick-up and delivery.
Trion Properties Acquires 3 OR Communities
The properties in the transaction include Center Square, Menlo Square and Maple Tree, totaling 174 units. Trion plans to complete strategic value-add upgrades at the communities.
Hunt Mortgage Arranges 2 Seattle-Area Freddie Mac Refis
Cedar Gardens Apartments in Federal Way includes 49 units, while Birch Crest Apartments in Tukwila comprises 37 apartments. Both borrowers were local real estate owners.
Castle Lanterra Buys 4th CO Community
The Ranch at Bear Creek in Lakewood, 20 minutes from downtown Denver, features 201 units. Amenities include an updated clubhouse, two swimming pools and a fitness center.
IPA Facilitates $65M Phoenix-Area Transaction
Eaton Vance Investment Managers purchased the 303-unit Chandler property, which includes a volleyball court, two swimming pools and 458 parking spaces.
Industry Veteran Joins ARA Newmark in Portland
Lydia Thompson has more than 23 years of industry experience. As the company’s new senior managing director, she will be responsible for originating and managing regional multifamily sales.
Demmon Partners Snaps Up Sacramento Asset for $33M
Walker & Dunlop provided nearly $15.9 million in Fannie Mae financing for the acquisition of the five-story community, which comprises 50 one- and two- bedroom units.
Tucson Value-Add Asset Changes Hands
Skyline Park Apartments is situated in a market which is experiencing a surge of value-add investments, largely due to limited new supply and continued population growth.
Portside Partners Ventura Harbor Develops CA Coastal Community
When complete, the Ventura property will include 270 apartments, 30 live-work units, a 104-boat-slip marina and 21,000 square feet of retail space.