West

Inland Empire. Photo by Trace Rouda/iStockphoto.com

Inland Empire Multifamily Report – August 2023

Both deals and completions are down in Riverside and San Bernardino counties.

The 801-unit storage facility was previously an office property. Image courtesy of Greystone

Greystone Provides $14M for LA Storage Facility

The property is subject to a CMBS loan with a 10-year term.

Clarion Partners Sells California Asset

MG Properties acquired the Bay Area property.

Solutions for ‘Dark Spaces’ in Office-to-Residential Conversions

Architect Charles Bloszies shares his research on potential uses for these residual, unlit spaces.

Completed in 2022, Aiya encompasses 16 buildings. Image courtesy of IPA

Olympus Property Pays $112M for Suburban Phoenix Community

The Wolff Co. sold the 360-unit asset.

Cubes Self Storage in Covington, Wash. was completed in 2020. Image courtesy of Talonvest Capital

Talonvest Secures Refi for Seattle Storage Facility

Gramor Development Washington owns the 594-unit property.

Lakeview

Torino Group Lands Refi for Phoenix Community

CNO Financial Group Insurance Co. provided the 10-year, fixed-rate loan.

Quarterra, QuadReal Wrap 1 Seattle Project, Top Out a 2nd

The luxury duo is located in an emerging suburban neighborhood.

Luxury Denver TOD Gets Construction Loan

The developer has five projects in its local pipeline.

Former Funeral Home Gets New Life as Senior Housing

The repurposed chapel will offer much-needed affordable housing to older Los Angeles residents.