West
Hensel Phelps, Mithun Awarded Contract for New UCI Student Housing Community
The University of California, Irvine has announced that it has selected construction and design firm Hensel Phelps in partnership with architect Mithun to design and construct the Mesa Court Expansion student housing community. The $92 million project it targeting LEED Platinum and will add 780 beds to the university’s housing.
Real Estate Strategist Richard Gollis Joins Jamboree Housing Corporation Advisory Board
Richard M. Gollis, a co-founder and principal of The Concord Group, has joined Jamboree Housing Corporation’s advisory board.
San Francisco Apartment Market Podcast
Pierce Eislen’s Ron Brock Sr. and MHN’s research editor Jack Kern discuss San Francisco apartment market fundamentals in this edition of our market research podcast hosted by Mike Ratliff.
TruAmerica Multifamily Acquires Northern California 180-Unit Community
TruAmerica Multifamily has acquired Summit at Paradise Valley, a 180-unit apartment community in Fairfield, Calif., for $26 million.
TODAY’S DEALS: Centerline Capital Refinances Six-Property Portfolio in Los Angeles for $23.5M
Centerline Capital Group provides a $23.5 million Fannie Mae credit facility to refinance a six-property multifamily portfolio; and ARA brokers the $39 million sale of a property located next to Northern Colorado’s largest employment center.
One Eighty to Roll Out New Brand of Seniors Housing
One Eighty, a hospitality specialist based in Seattle, has unveiled plans for a new line of seniors housing properties targeting middle-income seniors who want independent living facilities.
Hutton Completes Apartments in Eastern LA County
Hutton Cos. has completed the 172-unit La Verne Village Luxury Apartment Homes & Shops in La Verne, Calif., which also features about 15,000 square feet of retail. The developer has tapped Western National Property Management to manage the property.
HSL Properties Growing its Arizona Portfolio
The Station on Central, a 414-unit apartment community in Phoenix, has been purchased by Tucson-based HSL Properties.
Mack Urban Plans Roosevelt Neighborhood Apartments in Seattle
Mack Urban has unveiled plans for a seven-story apartment development at 800 NE 67th in the Roosevelt Residential Urban Village, which is part of Seattle’s Roosevelt neighborhood.
JB Matteson Acquires Mixed-Use Community in Petaluma, Calif.
JB Matteson has announced the acquisition of Theatre Square Apartments in Petaluma, Calif. The 99-unit, mixed-use community was purchased $32.5 million from the original developer.