West
Jamboree Breaks Ground on Intergenerational Affordable Housing Project
Claremont, Calif.–Jamboree has broken ground on Courier Place Apartment Homes, which will be a 75-unit, unified apartment community for low-income seniors and working families.
Suburban Seattle Student Housing Wins Top USGBC Award
Kenmore, Wash.–Bastyr University’s new student village has won “Outstanding Multifamily Project” in the 2010 LEED for Homes Awards from the USGBC.
DEAL OF THE DAY: HFF Refinances Bridge Loan with $15.6M HUD 223(f) FRM at Attractive Leverage
Fife, Wash.–The Portland office of HFF has arranged a $15.6 million refinancing for a 241-unit multi-housing community in Fife, Wash.
SF’s Union by Palisades Condominium Sold Out in Nine Months
San Francisco–The national condominium market continues to struggle, but there is no sign of that at Union by Palisades, a new loft community in San Francisco.
DEAL OF THE DAY: Boston Capital Invests in Affordable Development in San Diego
San Diego–Boston Capital invested in the construction of City View Apartments, a to-be-built, 31-unit multifamily development for families located in San Diego.
SDCAA Honors H.G. Fenton with Excellence Awards
San Diego, Calif.–H. G. Fenton walked away with 25 Mark of Excellence awards at the San Diego County Apartment Association’s ceremony.
Wood Partners Completes Alta Hollywood Apartments
Los Angeles–Alta Hollywood, a 218-unit luxury multifamily development, has opened its third and final building for lease.
Sycamore Urban Restarts Los Angeles-Area Townhome
Thousand Oaks, Calif.–Construction of an incomplete townhome project is about to pick up where it left off in 2008 now that Sycamore Urban Properties has taken the property off the hands of the FDIC.
NAHB Recognizes West L.A. Condo Project as “Trend-Setter”
Los Angeles–NAHB has recognized T Lofts, an 84-unit condo redevelopment project in Los Angeles, as a “top trend-setter in the multifamily housing industry.”
DEAL OF THE DAY: Charles Dunn Represents Buyer in $1.9M REO Sale by Citibank
Los Angeles–Michel Hibbert of Charles Dunn Company negotiated a $1.9 million sale of a 19-unit apartment complex in Los Angeles.