West
CBRE Arranges $55M Portland Asset Sale
Joe Nydahl, Phil Oester and Josh McDonald of CBRE’s Northwest Multifamily Institutional Investment division worked on behalf of the seller of the 149-unit, mid-rise property, of which 38 apartments are affordable.
Partnership Debuts Affordable Housing Revamp in Vegas
Community Development Partners and BLVD Capital have opened Baltimore Gardens and Cleveland Gardens, two communities totaling 201 units. All apartments are restricted to low-income households.
Kidder Mathews Hires New SVP in Phoenix
Karl Abert has more than 25 years of real estate experience. In his new role, he will be in charge of coordinating investment brokerage, banking and structured loans.
Columbia City Condos to Break Ground This Summer
BDR Urban LLC is planning to complete the 96-unit Sonata Condominiums project in southern Seattle by the end of 2019.
Wolff Sells Garden-Style WA Community
CBRE’s Northwest Multifamily Institutional Investment team marketed the sale of the 176-unit Badger Mountain Ranch community, located on the southern side of Richland.
MG Properties Buys 312-Unit Sacramento-Area Community
Located at 6801 Leisure Town Road in Vacaville, CBRE arranged a $55.9 million Freddie Mac acquisition loan for North Pointe Apartments on behalf of the buyer.
Talonvest Secures $7M Acquisition Loan
The firm arranged the loan on behalf of Multifamily Investment Partners for a 42-unit community in Van Nuys, Calif.
CIM Group Breaks Ground on CA Project
Plans for the eight-story building call for more than 300 apartments above street retail in Oakland’s Jack London Square district.
TMG Facilitates Sale of California Community
The property located in Visalia, Calif., traded to a Santa Barbara-based private investment group for $19.2 million, which equates to $131,507.
HFF Arranges Recap of OR Community
HFF Senior Managing Director Ira Virden and Director Carrie Kahn were part of the investment advisory team overseeing the recapitalization of the 208,247 square feet property.