West
TODAY’S DEALS: EdR Nabs 900 Luxury Beds Serving Arizona State University
EdR buys a student housing asset with a lazy river pool; Berkadia negotiates and originates over $21 million under time limit; and Sperry Van Ness | TJF Investments brokers a 77-unit sale in Dallas.
JDC Completes Crenshaw Apartments in L.A.’s West Adams District
Crenshaw Apartments, a new, two-story, 10-unit ground-up apartment project in the historic West Adams neighborhood of Los Angeles, has been completed.
Phoenix Seniors Housing Company & Multifamily Owner-Operator Join Forces
IPA, a luxury multifamily communities operator in Michigan and Arizona, and Retirement Community Specialists Inc. (RCS), a luxury seniors housing communities operator in Arizona, announced they have joined together under the same umbrella company, IPA LLC.
Phase One of Bosa’s Insignia in Seattle is 50 percent Sold
Bosa Development’s much-anticipated Insignia condominium development in Seattle is more than 50 percent sold after topping out the project’s first tower (Phase One).
Greystar Selected to Manage Luxury Colorado Rental Community
International real estate firm Hines has selected Greystar to lease and manage Helios, a new 258-unit Englewood, Colo., luxury apartment property.
ManageAmerica and PayNearMe Partner to Streamline Payments for Manufactured Housing Operators
PayNearMe and ManageAmerica, have partnered to offer a more efficient cash collection method that eliminates the risk of fraud and errors that are rife in traditional cash and money-order processing on-site.
Lennar Multifamily Communities Developing 1.08 Acre Mixed-Use Building in Downtown LA
Lennar Multifamily Communities is developing Olympic & Olive, a planned 201-unit mixed-use rental community in downtown Los Angeles, which will include 4,000 square feet of retail space.
WNC Provides Financing for Seniors Apartments in Long Beach, CA
Ramona Park Senior Apartments, an affordable senior housing community in Long Beach, Calif., has been completed.
Michelle Antic Joins The Mark Company as Project Director
The Mark Company, an urban residential marketing and sales firm, announced Michelle Antic has been appointed project director.
Kevin Johnson Joins Auction.com Board
Auction.com, an online real estate marketplace, has added retired Juniper Networks’ CEO and former Microsoft executive Kevin Johnson to its board of directors. Johnson is the most recent high-profile addition to the Auction.com board, joining Jeff Epstein, ex-Oracle and DoubleClick chief financial officer, and current managing partner at Bessemer Venture Partners.