West
$120M Senior Housing Opens in LA
C.W. Driver developed Fountainview at Gonda West, a 460,000-square-foot development in Playa Vista that will serve more than 250 seniors with a full range of active living, healthcare and in-home services.
NASA Seeks Developer for 1,930 Silicon Valley Units
In partnership with the U.S. General Services Administration, NASA intends to build a massive community on 45 acres near Moffett Field, Calif. The project will also include 100,000 square feet of retail space.
Wendy Forsythe to Join HomeSmart as COO
The real estate veteran used to serve as president of the brokerage division of T3 Sixty, one of the largest management consulting companies in the residential real estate industry.
Rents Rise Despite Surging Deliveries in Denver
Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.
Empire Completes Ultra-Luxury Beverly Hills Apartments
Empire at Burton Way features a business lounge with smartphone charging stations and Internet-ready TV, Package Concierge locker system, fitness center, underground parking, electric vehicle charging stations and common-area Wi-Fi.
JPI Lands Financing for $104M San Diego Community
The 172-unit Jefferson Pacific Beach will encompass three acres and include 14,000 square feet of ground-level retail and creative office space.
Pathfinder Acquires 195-Unit Sacramento Property
Savannah Court, a 31-year-old, 24-building community, will receive interior and exterior renovations. It is the company’s second acquisition in the metropolitan area.
Demographic Shifts Pick Up Speed in Orange County
Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand, pushing up rents and keeping occupancy over 96 percent.
Student Housing Coming to University of Montana
Campus Advantage will manage Farran Realty Partners’ new 498-bed development in Missoula, Mt., the first purpose-built student housing community to serve the university.
Legacy Partners Adds New VP to Denver Office
Mike Holt was previously the regional manager of BH Management. In his new role, he will oversee and expand the company’s Denver portfolio, which encompasses more than 2,400 units.