West
P.B. Bell Opens Multifamily Development with High-Tech Features
A partnership between P.B. Bell and Cox Communications will give residents Cox Gigablast Internet service of 1 gigabyte, which is as much as 100 times faster than the average Internet service and the fastest residential Internet speed available in the state.
MG Properties Buys Oregon Apartments for Nearly $58M
The San Diego-based MG Properties bought the 283-unit property from the Reliant Group, a San Francisco-based holding company.
HFF Secures Financing for Platt Park North Apartment Communities in Denver
HFF managed to secure an $22.2 million financing loan for two apartment communities in Denver.
Sunrise Senior Living Community in Torrance Completed by Bernards
The Torrance submarket is set to add some much-needed senior housing.
Suburban Apartment Community Goes for $25.4M
Beaverton’s Spyglass Hill multifamily community has been acquired by a California real estate firm.
Kor Group Revives Multifamily Development in Santa Barbara
Santa Barbara is getting its first new multifamily residential community in close to 30 years thanks to a new luxury development by The Kor Group.
IEC Closes on California Apartment-Specific Investment Fund
The fund is the firm’s largest one thus far, comprised of equity from new and repeat investors.
Portland-Area Apartments Command Record Price
At $89,571 per unit, the transaction represents the highest apartment price ever recorded in the city of Woodburn.
IPA Arranges Sale of Miracle Mile Apartment Asset
The property was acquired by a private investor.
Seattle’s Largest Rental Developments Completed in 2015
A total of 4,279 new apartments were added to Seattle’s local inventory in 2015.