West

HDP to Rehab San Diego Seniors Housing Property

Housing Development Partners, a nonprofit affiliate of the San Diego Housing Commission (SDHC), is undertaking the rehabilitation of San Diego Square.

A New Strategy for Acquisitions

Why TruAmerica is looking for properties in blue- and gray-collar areas.

Raintree Bulks Up Its SoCal Apartment Portfolio

Raintree Partners has acquired five multifamily properties in Los Angeles County totaling 327 units.

Greystar & Ivanhoé Cambridge Break Ground in San Francisco

Greystar and Ivanhoé Cambridge announced the ground breaking of 2198 Market Street, a new mixed-use development in San Francisco.

HUD Announces Important Energy Initiative

HUD’s new financing plan for energy efficiency in affordable multifamily housing.

Million-Dollar Condos to Go On Sale in Arizona

The Sterling Collection at Silverleaf, a condo development in suburban Phoenix, has opened its sales center, with construction beginning shortly.

New LA Multifamily Casting a Wide Net for Renters

Diversified real estate development and management firm Decron Properties Corp. will hold a ribbon-cutting ceremony on January 27 to recognize the grand reopening of the newly renovated River Ranch Apartments.

TODAY’S DEALS: Colliers Brokers Sale that Sets New Record in Marin County—$570 Per Sq. Ft.

Colliers International closes the sale of the 38-unit Casa Roja Apartments in Mill Valley, Calif.; and HFF arranges $57 million in takeout financing for a property in downtown Denver.

After Many Years, New Residential Tower Will Enter LA Skyline

Trumark Urban will develop 1050 S. Grand, a planned 22-story condominium in Downtown Los Angeles, thanks to $77 million in construction financing.

TODAY’S DEALS: Capital One Multifamily Closes $63.3M Freddie Mac Acquisition Loan

Capital One Multifamily Finance provides a 10-year fixed-rate loan for the acquisition of Artessa at Quarry Village; and a Berkshire Group affiliate purchases a Class-A property in Oakland, Calif.