West

Brandywine Homes Announces First Multifamily Development

Brandywine Homes, a residential developer based in Irvine, Calif., announced its plans for its first multifamily development, the first of four apartment communities.

Historic Los Angeles YMCA Reborn as 28th Street Apartments

The 28th Street YMCA in South Los Angeles, a landmark building designed by trailblazing African-American architect Paul Williams, has been given a $21 million restoration and repurposing as the 28th Street Apartments.

Raintree Acquires SoCal Apartment Property

Raintree Partners has acquired Archstone Ventura Colony, a 272-unit multifamily property in Ventura. The company paid about $60 million, or $220,680 per unit.

Janel Ganim Joins Property Solutions as Vice President of Affordable Housing for Entrata

Property Solutions International, Inc. announced the recent addition of Janel Ganim to their team of industry experts heading-up development for Entrata.

MARKET SNAPSHOT: With Demand Steady, L.A. Property Managers Turn to Rent Hikes to Boost Revenue

With payrolls expanding and vacancies trending downward, many property owners in the City of Angels are seeking to raise rents as apartments turn over in order to generate additional revenue.

San Bernardino Housing Authority Selects Yardi Voyager to Manage its Public Housing Portfolio

Yardi announced today that the Housing Authority of the County of San Bernardino (HACSB) in California has selected Yardi Voyager™ as its property management and accounting platform.

IPA Arranges $148M Sale of San Jose Community

Institutional Property Advisors has arranged the $148 million sale of Willow Lake Apartment Homes in San Jose, Calif. This sale equals approximately $291,000 per unit.

KeyBank Real Estate Capital Provides $25 Million for Colorado Apartment Community

KeyBank Real Estate Capital recently closed a $25 million, 10-year loan through Freddie Mac for Ken Caryl Wadsworth Development Company

Clifford Beers Housing and PATH Ventures Announce New North Hollywood Seniors Community

The 49-unit NoHo Senior Villas in the NoHo Arts District of North Hollywood has opened for residents. The property accommodates low-income seniors, including 30 who were previously homeless and living with mental illness.

Property Solutions Appoints Sara Sharpe as Vice President of Accounting for Entrata Property Management Software

Property Solutions International Inc., a provider of property management websites and payments, recently selected Sara Sharpe to serve as vice president of accounting for Entrata.