West
Stepp Commercial Leads $17M Sale of L.A.-Area Apartment Portfolio
Increased investor interest in the Long Beach submarket continues with the $17.3 million sale of a three-property apartment portfolio arranged by Stepp Commercial.
Inland Purchases Two Colorado Communities
Both properties were 97 percent leased at the time of the acquisition.
Funding for First Zero-Net Energy, LGBT-Friendly Senior Housing
Lavender Courtyard received nearly $3 million from the Sacramento City Council.
G.H. Palmer Renaissance Collection Debuts Phase II at DaVinci
The DaVinci Apartments in downtown Los Angeles is opening up Phase II this spring, with pre-leasing already available.
George Smith Partners Snags $30M For L.A. Development
The investment banking firm secured $30 million in bridge financing for 3.5 acres of land for multifamily development and a 68,834-square-foot office building in Hollywood, Calif.
Wood Partners Ready to Lease Out Fifth Phoenix Community
One of Wood Partners’ latest residential communities is now ready for move-ins.
Northern Arizona Student Housing Community to Open in 2017
American Campus Communities and Northern Arizona University have partnered to build SkyView, a nearly 300,000-square-foot student housing project.
Trammell Crow Plans Apartments for Downtown Anaheim
The project, which Trammell Crow Residential plans to call Alexan CtrCity, is scheduled to break ground in August.
Joint Base Lewis-McChord Military Housing Changes Hands
The acquisition expands Lincoln Military Housing’s portfolio by 16 percent, as it now oversees more than 36,000 military family homes at 35 installations in 11 states and the District of Columbia.
Last Year’s Largest Apartment Communities Completed in Denver
Developers in Denver added just shy of 3,000 new units to the rental landscape with the construction of 17 new properties over the past year.