West
Enterprise to Develop Two L.A. Green Affordable Properties
Enterprise Community Investment Inc. has announced a pair of new Low Income Housing Tax Credit deals that will fund construction of buildings for low-income and formerly homeless families and seniors with special needs.
Bernards Finishes Construction on BRE’s Wilshire La Brea in Los Angeles
Bernards has announced the completion of the $105 million Wilshire La Brea mixed-use development located in Los Angeles’ Mid-City neighborhood. The property was developed by San Francisco Based BRE Properties, which will also manage the rental community.
Terra Search Partners Names Search Veteran Linny Simkin as Senior Principal
San Francisco -based Terra Search Partners, an executive search firm specializing in the real estate industry, announced that Linny Simkin has been promoted to senior principal of the firm.
Grand Peaks Begins Work on Denver-Area TOD
Construction is under way on Elevation at County Line Station, a 265-unit apartment property in Englewood, Colo.
CHW to Break Ground on Green Affordable Housing Community in Vista, Calif.
Community HousingWorks will hold a ground breaking ceremony to kick off construction on its latest development, North Santa Fe Apartments.
TriBridge Residential Opts for Full Yardi Multifamily Solution Stack
Needing a comprehensive technology solution to effectively manage its business operations and provide detailed reporting to investors and clients, TriBridge selected Yardi Voyager ® as its new Software as a Service core property management and accounting system, along with the Yardi Marketing Suite ™ and Yardi Multifamily Suite™.
7×7 Development Acquires Site for SF Condos
7×7 Development has acquired 388 Fulton St., one of the last remaining undeveloped parcels in San Francisco’s Hayes Valley neighborhood. Plans for the corner site two blocks west of City Hall call for a 69-unit condo building with retail on the ground floor.
Deco Communities Proceeding With Midtown Phoenix Condo Development
The locally based Deco Communities has acquired 2346 N. Central Ave. in Midtown Phoenix, which is currently occupied by a 23,000-square-foot office building. The company paid $2.35 million for the site, and plans to develop condos there.
Deco Communities Developing $37M Luxury Condos in Scottsdale, Ariz.
Deco Communities has entered into a joint venture with Castlelake and Isles Ranch to develop Envy, a $37 million luxury residential tower to be built in the heart of the Old Town Scottsdale Entertainment District.
USA Properties Fund Completes Rehab on LA Seniors Community
The renovation of Huntington Plaza Apartments, a 184-unit low-income seniors housing property in the Los Angeles suburb of Huntington Park, has been completed. The entire cost of the property’s acquisition and rehabilitation was $30.2 million.