West
TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property
George Smith Partners provided financing for the takeout of a maturing construction debt; and Edgewood Capital supplies $2.15M for acquisition of non-performing loan.
New Garden Grove Apartments Mark a Push to Multifamily for Brandywine Homes
Single-family homebuilder Brandywine Homes is making a push into mutlifamily with the completion of Waterstone, a 25-unit community located in Garden Grove, Calif.
Oak Coast Properties Developing West Hollywood Apartment Community
Oak Coast Properties is developing a new 53-unit upscale apartment community in the high barrier market of West Hollywood.
Berkeley Point Capital Closes $36M for Sacramento Acquisition
Berkeley Point Capital has secured $36 million for Horizon Realty Partners’ purchase of a 646-unit asset in Sacramento.
MHN Interview: Steadfast’s Ella Shaw Neyland
Steadfast Income REIT had a banner 2013, adding nearly $1 billion to its portfolio of moderate income apartments. Big things are on the horizon as Steadfast launches its second public company, Steadfast Apartment REIT. Ella Shaw Neyland fills MHN in.
Wood Partners to Start Metro Phoenix Apartment Development
Wood Partners is preparing to break ground on Alta Tempe, a 296-unit apartment complex in Tempe, Ariz.
Greystone Closes First Freddie Mac Revolving Credit Facility in Seniors Sector
Greystone closes the first Freddie Mac Revolving Credit Facility for the seniors housing sector on behalf of Oakmont Senior Living.
Native American Connections Opens Affordable Asset in Phoenix
A new 70-unit, mixed-use affordable housing community has opened in downtown Phoenix.
TruAmerica Contiues to Grow with Two Class A Acquisitions
TruAmerica Multifamily is two steps closer to reaching its goal of a $1 billion portfolio by mid-2015 thanks to purchases in Gilroy, Calif., and Federal Way, Wash.
Affordable Housing Slated for San Francisco’s Hunters Point Shipyard
AMCAL Multi-Housing and Lennar Urban to develop affordable apartments in southeast San Francisco’s Hunters Point Shipyard-Candlestick Point.