West
EAH Housing to Develop Affordable Bay Area Project
The City of Emeryville has tapped nonprofit developer EAH Housing, an affordable housing specialist, to develop a new mixed-use affordable apartment property at 3706 San Pablo Ave. in the city.
Wood Partners Begins Work on Portland Multifamily Project
Wood Partners has broken ground on a 281-unit apartment community in the Pearl District of Portland, Ore.
Construction Begins on The Picerne Group’s 198-Unit Multifamily Development in Cerritos, Calif.
The Picerne Group has announced that it has broken ground on its latest development, Aria. The Class A 198-unit residential community will be located at the cross streets of Bloomfield Avenue and Artesia Boulevard across the street from the Cerritos Towne Center.
Auction.com Closes $147 Million in CRE Assets
Auction.com, an online real estate marketplace, facilitated the closing of 38 commercial assets during the month of February. The assets had a combined total sales price of more than $147 million.
Market Snapshot: New Jobs and Rental Stock Do Little to Shake Up Stabilizing L.A. Apartment Market
As we embark on 2014, it seems that the “status quo” of Los Angeles’ apartment market that we’ve seen over the past couple of years will continue.
Point2 Powers New Reelfoot Regional Association of REALTORS® Website
Point2 announced today that its MLS and Association Consumer Portal for the Reelfoot Regional Association of REALTORS® (RRAR) is live.
The P.B. Bell Companies Hires James P. Tainter as Vice President of Asset Management
Phoenix—P.B. Bell announced the appointment of James P. Tainter as vice president of asset management for P.B. Bell Asset Management Inc. He will oversee and grow the company’s commercial portfolio holdings and operations. Tainter possesses over 30 years of progressive experience in real estate ownership, asset management, brokerage, development, construction/project management, sourcing third party business, marketing and leasing, asset acquisitions/dispositions, and property management on a diverse base of commercial, industrial, retail and multi-family product types. He previously worked at Harsch Investment Properties, as senior vice president—regional manager in charge of Las Vegas, where he oversaw all market operations for 8…
Seattle’s Cornish to Start Construction on New Residence Hall and Learning Center
Cornish College of the Arts will hold a ground breaking ceremony to kick off its newest project, a 20-story residence hall and learning center located at 2025 Terry Avenue in Seattle.
Industry Expert Joins Affordable Sales Team at Yardi
Santa Barbara, Calif.—Yardi announced today the hiring of Deborah Lear as executive sponsor for its affordable housing market. Lear is a nationally recognized multifamily housing veteran with more than 30 years of experience in the industry. Lear most recently served as director of the Office of Housing Assistance Contract Administration for the Department of Housing and Urban Development in Washington, D.C. She has extensive expertise with programs such as Performance Based Contract Administration, funding and oversight of rental subsidies, and multifamily asset management. Her career experience encompasses numerous departmental initiatives at HUD including Special Assistance Workout Team, Section 8 Contract…
Guardian Real Estate Completes Affordable Housing Rehab in Oregon
Guardian Real Estate Services, in partnership with HUD and Oregon Housing and Community Services, has completed a $14 million rehab project that maintains 69 affordable homes for seniors and families in Beaverton, Ore.