West
San Diego Community Opens, Lands New Management
The 97-unit multifamily property in the city’s southern suburbs, 15 miles from downtown, contains a mix of one- and two-bedroom apartments.
Wolff to Kick Off Seattle-Area Senior Community
Revel Kirkland is an upcoming 152-unit resort-style development slated for completion in 2019. The community will occupy the site of a former LifeBridge Church.
High Street, MetLife Break Ground in Phoenix
The partnership will construct a five-story 190-unit community that will include a coffee bar, interactive lounge space and gaming area.
Phoenix Community Sells for $15M
Weidner Apartment Homes sold the Murano Apartment Homes, located in the Arcadia neighborhood of Phoenix. Berkadia represented the firm in the transaction.
Socal Asset Sells for $75M
The Bascom Group bought the 235-unit, Class A property, and CBRE secured debt financing for the acquisition.
LA Community Trades for $9M
Matthews Real Estate Investment Services brokered the sale of a 56-unit Van Nuys community. The sale price equates to $272.8 per square foot.
JV Grabs Denver Community for $66M
Constructed in 1977, the 418-unit multifamily property in the city’s Arapahoe-Southwest submarket features a mix of studio, one- and two-bedroom apartments.
Quantum Capital Arranges $25M for LA Student Housing
City Park Apartments is near the University of Southern California and features 130 units and a subterranean parking garage.
CIM Grabs NorCal Development Site
The firm, in a joint venture with Strada, plans to build a 16-story community containing nearly 300 units in Oakland’s central business district.
CBRE Secures Sale, Finances OR Student Housing
A team of Phil Oester, Joe Nydahl and Josh McDonald represented both the seller and the buyer in the sale of the 179-unit student housing community and secured a $19.1 million 10-year loan.