West
RADCO Takeover of $143M San Diego Condo Property Proves Successful One Year Later
San Diego–Atlanta-based developer and distressed real estate specialist The RADCO Cos. completed a one-year turnaround of the $143 million condo project, The Mark.
San Fran Board of Supervisors Helps Mixed-Use Project Clear Last Hurdle
San Francisco–Plans for 900 Folsom, a 450-unit mixed-use residential development..
DEAL OF THE DAY: NorthMarq Finds $12.29M in Permanent Financing for Distressed Property
Las Vegas–NorthMarq Capital’s San Diego regional office arranged first mortgage financing of $12.293 million for Summerlin Entrada Apartments.
MHN Interview with Laura Khouri: Maintaining Balance Between Rents and Occupancy Is Key Challenge with Property Management
Irvine, Calif.–Laura Khouri succeeds Thomas K. Shelton as president of Western National Property Management.
Zeta Communities Gets $5M Equity Infusion from Black Coral Capital
San Francisco–With the equity financing from Black Coral, Zeta will be to expand its product line.
DEAL OF THE DAY: Alcole Capital Obtains $17.2M Loan from Global Lender
San Diego–Alcole Capital Group arranged $17.2 million for the refinance of a 262-unit multifamily property in San Diego.
Engrain Materializes from Merger of Creativity for Rent and Multifamily Edge
Denver–National marketing and technology firm Creativity for Rent has acquired online marketing consultancy Multifamily Edge.
DEAL OF DAY: Transwestern Arranges Off-Market $16.65M Sale in Rising Phoenix Market
Phoenix–In a move that it says signals the emerging recovery of Phoenix’s multifamily
Healthcare Reform and Its Impact on Seniors Housing
Encino, Calif.–The impact will be somewhat neutral.
Lyon Communities Debuts 291-Unit SoCal Luxury Apartment Property
Newport Beach, Calif.–The company conducted extensive research to assess just what local residences desire