West
HCP to Sell Portfolio of Brookdale Communities for $1B
The transactions are expected to close in various stages by the end of 2017.
Berkadia Closes Sale of Historic Community in San Diego
The asset is located in the historic neighborhood of Bankers Hill.
Pensam Residential Acquires Denver Landmark Community for $350M
The price sets a new record for Colorado and is the second highest paid for a single multifamily asset in the U.S. this year.
Pinnacle Adds 2 Communities to Portland-Area Portfolio
The company will manage Monte Vista at Murray Hill and Cedar Crest, two Beaverton properties totaling 542 units.
Berkadia Arranges $36M Loan for Sin City Communities
Pine Hills Lodge and Sonoma Shadows will be run as one asset, rebranded as Solaire Apartments.
Downtown Portland Community Sells for $23M
Grand Peaks Properties of Colorado acquired the property for $282,530 per unit.
BRIDGE Housing Welcomes New EVP in San Francisco
In her new role, Diane Olmstead will oversee capital aggregation activities.
Berkadia Arranges $115M Sale of Orange County Community
The buyer plans to update the 292-unit Amerige Pointe, which is located within a historic master-planned community.
TDT Disposes of Hayward Asset, Doubles Original Investment
The seller invested roughly $1 million in improvements at the 68-unit community.
$1B Megacomplex to House Park Hyatt’s First L.A. Location
The five-star luxury hotel will be located at Oceanwide Plaza, a towering mixed-use development set to transform downtown Los Angeles.