West
Affordable TOD Opens in Northern California
Trestle Glen is a transit-oriented, eco-and pedestrian-friendly apartment community.
DEAL OF THE DAY: Lee & Associates Transacts $4.7M Purchase of Foreclosed Condos/Apts.
Fifty-one vacant apartment units at 11927 – 33 Magnolia Boulevard in Valley Village, Calif. have been sold to a private investor for $4.7 million in an all-cash transaction.
Transit-Oriented Affordable Housing Development Opens in Northern California
Trestle Glen is a transit-oriented, eco-and pedestrian-friendly apartment community.
DEAL OF THE DAY: ARA Brokers Sale of Bank-Owned Property for $50/Sq. Ft.
Multi-housing specialist Apartment Realty Advisors (ARA) recently brokered the $1,350,000 sale of a 34-unit property located at 1205-1225 Yukon Street in Lakewood, Colo.
DEAL OF THE DAY: Southern Calif. Apartment Property Changes Hands for $254,033/Unit
Marcus & Millichap Real Estate Investment Services brokered the sale of The Madison, a 90-unit, 118,874-square foot luxury apartment building in Rancho Palos Verdes. The sales price of $22,863,000 represents $254,033 per unit and $211 per square foot.
New Company Offers New Approach to Construction Photography
Scott Yahraus and Andrew Weissman, two southern California real estate veterans, have started a company to offer developers and construction companies a more methodical way to document the construction process
Yardi Acquires DIY Real Estate Solutions
Yardi Systems recently acquired residential property management software provider DIY Real Estate Solutions
First Passive House in the Western U.S. Achieves Standard
The U.S. Passive House Institute recently awarded The Breezeway House, located in Salt Lake City, certification. It is the first building in the Western U.S. to receive the award.
Two New Affordable Housing Projects Open in L.A. County
Palo Verde Terrace in Palmdale and The Gardens on Garfield in Glendale, two affordable housing projects
DEAL OF THE DAY: Walker & Dunlop Closes $138.935M Freddie Mac Loan
Walker & Dunlop originated a $138,935,000 loan for Elan at River Oaks located in San Jose, Calif.