West
Claremont's Courier Place a Multi-generational Trailblazer
With its recent grand opening, the 74-unit Courier Place Apartment Homes became the first-ever multi-generational affordable housing to be developed by Jamboree Housing Corporation.
Nonprofit Acquires Third LA Property to House Homeless Veterans
Serene Haven Inc., a nonprofit that acquires and renovates residential properties to provide housing to homeless military veterans and their families, has acquired a property located on West 54th Street in Los Angeles.
Jasper by Alta Benefits from Heritage of Seattle’s Wedgwood Enclave
Wood Partners announced pre-leasing has begun at its Jasper by Alta apartment community in Seattle’s unique and historic Wedgwood community.
Ranieri Buys Deutsche Bank Multifamily Mortgage Unit
Ranieri Real Estate Partners LP, a real estate financial services company, and private equity funds affiliated with WL Ross & Co. LLC have completed of the acquisition of Deutsche Bank Berkshire Mortgage, formerly a subsidiary of Deutsche Bank, for an undisclosed amount.
M West Completes Acquisition of Lofts In L.A. Arts District
Once, the building in downtown Los Angeles served as the distribution warehouse for the Los Angeles grocery chain J.R. Newberry Company, founded in the late 19th Century. Last week, what had since come to be called 900 East 1st Street Lofts was acquired by M West Holding.
Second Phase of Affordable Housing Project Under Way in Riverside County
Affirmed Housing Group has broken ground for the Monte Vista Apartments in downtown Murrieta, a city in southwestern Riverside County, Calif. Monte Vista II will add 40 affordable units to the existing 64-unit Monte Vista Apartments.
Lorena Heights Affordable Apartments Open in LA's Boyle Heights
The East Los Angeles enclave of Boyle Heights welcomed a new affordable housing development with the grand opening of Lorena Heights Apartments.
New Bill Addresses California Affordable Housing Crisis
With government funding reaching new nadirs and the housing market yet to sort itself out, both renters and would-be homeowners face hurdles finding affordable housing. The problem is likely even worse in California than it is nationally.
North Hollywood Apartments Sell for $74M
UBS Inc. has purchased NoHo-14, a 180-unit apartment complex in the North Hollywood Arts District of Los Angeles’ San Fernando Valley.
Ground Broken for Downtown Phoenix Student Housing
EdR and Concord Eastridge have inked a deal to develop a $52 million student housing property adjacent to the Phoenix Biomedical Campus, which includes the University of Arizona School of Medicine and the College of Pharmacy.