West

BRIDGE Housing Buys Bay Area Affordable Housing Community for $67M

Several years of capital improvements will be invested in the property.

Clarendon Park. Image courtesy of CBRE

WhiteHaven Pays $37M for Phoenix Property

The buyer plans to invest almost $6 million in renovations over the next two years.

MonteCedro rendering. Image courtesy of C.W. Drives Cos.

LA-Area Luxury Senior Project Breaks Ground

This $56 million project is the second phase of a larger age-restricted development.

Vista Ridge Apartments

Reno Apartments Sell for $76M

Vista Ridge came online in 1996.

Urban Pacific, Shopoff JV to Develop Southern California Communities

The first groundbreakings are expected later this year.

San Diego. Photo by simonkr/iStockphoto.com

San Diego Multifamily Report – June 2023

Rent growth took a swift turn for the better.

Pacific Urban Acquires San Diego Community

Built in 1986, the property will undergo an improvement plan that includes unit upgrades.

Developer Lands $89M for Phoenix BTR Project

Tower Capital arranged the financing.

San Jose Property Trades for $84M

Cushman & Wakefield advised both buyer and seller.

Portland. Photo by Sean Pavone/iStockphoto.com

Portland Multifamily Report – June 2023

Fundamentals are mostly sound, but economic woes are taking a toll.