West
Affirmed Unveils San Diego Affordable Housing
The 62-unit community designed by Carrier Johnson + Culture is an eco-friendly project that will serve homeless individuals with special needs.
JV to Develop Environmentally Conscious Berkeley Apartments
The sole multifamily property near the UC campus to feature rooftop solar panels, the 84-unit community will also feature 67 parking spaces for bikes and 68 spaces for cars.
Strong Development Softens Demand in Portland
Anchored by a diversifying economy and fueled by an expanding population, the city’s multifamily market remains strong despite its recent slowing rent growth.
JLL-Backed REIT Pays $75M in Portland
The company has acquired Jory Trail at the Grove, a 324-unit apartment community in Wilsonville. The property is currently 95 percent leased.
Security Properties Acquires 2 Portland Assets
Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.
Historic DTLA Mixed-Use Scores $32M Refi
Quantum Capital Partners secured the 10-year interest-only, non-recourse loan for the Metropolitan. The adaptive reuse offers 88 high-end loft units and 45,000 square feet of retail space.
Tech Scene Stays Hot, Rent Growth Cools in San Jose
Silicon Valley is the nation’s largest tech hub, a top-performing venture capital market and one of the most prominent locations for startups.
CBRE Global Investors Fund Lands $51M Denver-Area Asset
Viridian at the Gardens on Havana is a 227-unit property located in Aurora. ARA Newmark worked on behalf of AIG Global Real Estate and Post Investment Group, partners in trading the recently constructed Class A community.
Walker & Dunlop Originates $34M Loan for CA Affordable Asset
The loan will be used to finance Campus Oaks Phase I, an affordable community in suburban Sacramento. Walker & Dunlop worked on behalf of The Canel Cos.
HFF Secures $15M Loan for Phoenix Property
Park 28 is a 152-unit luxury community. Pure Multi-Family REIT purchased the community in June for a price tag of almost $30 million.