West

Court Verdict Allows Carmel Partners to Keep SF Apartment Property

California Superior Court Judge Marla J. Miller has ruled in favor of the defendants in a case involving a loan originally taken out before the credit freeze and subsequent economic crisis of 2008 for the acquisition of an apartment property in San Francisco.

Meta Housing Completes $43M Multifamily Redevelopment in LA’s Chinatown

Meta Housing Corp. has completed the redevelopment of The Metro at Chinatown Senior Lofts, formerly vacant, which is now a transit-oriented, affordable senior housing property in Los Angeles’ Chinatown.

The Berzack Group Announces Name Change to Berzack Investment Property Advisors

The Berzack Group, a commercial real estate team led by Warren Berzack, president of the group and a principal of Lee & Associates-LA North/Ventura, today announced that it has changed its name to Berzack Investment Property Advisors.

LCOR Residential Takes Over 900 Units

LCOR Residential recently won three property management assignments, totaling 900 units—bringing the company’s property management portfolio to more than 8,000 units nationwide.

Consumer Capital Partners to Invest in Apartments Nationwide

When people think of Smashburger, most think of the nation’s fastest growing better burger chain. But Smashburger’s owner, Consumer Capital Partners, is looking beyond burgers to the multifamily industry.

Developer Plans Micro-Lofts in Downtown L.A.

In an off-market deal, real estate investment group TRG has acquired a 100-year-old apartment building near the planned Farmers’ Field in Downtown Los Angeles for $3.05 million. The company plans to redevelop the property as micro-loft units.

Sunrise Continues Regional Expansion

San Diego-based Sunrise Management has expanded its Northern California team, adding longtime multifamily industry professional Beth Smith, CPM, as a new regional property manager in its growing Sacramento office.

The Picerne Group to Develop 248-Unit Community in Denver Tech Center

The Picerne Group announced the construction of a multifamily community in the Denver Tech Center in Denver.

John Antonini Joins Multifamily Team at Colliers San Francisco

Colliers International announces that John Antonini has joined its San Francisco office as a member of the San Francisco multifamily team.

Ground Broken for New San Mateo County Apartments

Work has started on the Lane on the Boulevard, a 141-unit apartment development in Redwood City, part of San Mateo County, which is not far from Palo Alto.