West

Albuquerque. Photo by benedek/iStockphoto.com

Albuquerque Multifamily Report – April 2023

After a busy year, the market is recording some sluggishness.

Ho'omalu at Waikoloa Beach Resort rendering. Image courtesy of Waikoloa Vacation Rentals

Waikoloa Vacation Rentals to Build Affordable Housing in Hawaii Resort

Upon completion, the community will cater to residents earning between 30 and 100 percent of the area median income.

Development plans

Madison Capital Lands Funding for LA Storage Project

Byline Bank’s Commercial Real Estate Group provided the $13.7 million construction loan.

Extra Space Storage Tucson. Image courtesy of Rosewood Property Co

Rosewood Property Buys Tucson Storage Asset

The 661-unit facility traded for $13.6 million.

Artesia. Image courtesy of Yardi Matrix

MG Properties Buys $62M Seattle-Area Asset

In its previous sale, the property traded for $40.5 million.

Nevin Plaza Phase I rendering. Image courtesy of EAH Housing

EAH Begins Bay Area Senior Housing Redevelopment

The fully affordable project’s first phase will come online in 2024.

Rendering of U-Haul self storage facility. Image courtesy of U-Haul

U-Haul to Expand Central Valley Footprint

The four-story storage facility will be partially operational by the summer of 2024.

South Pier Tempe Town Lake

$1.8B Phoenix Mixed-Use Lands Financing

McBride Cohen, Cantor Fitzgerald and Silverstein Properties secured the construction loan.

Orange County. Photo by MattGush/iStockphoto.com

Orange County Multifamily Report – April 2023

After prolonged outsize growth, moderation is the word of the day.

330 Distel Circle

Building Affordable in California, Hawaii: High Demand, High Hurdles

Despite political action and funding initiatives, housing insecurity and cost-burdened households are increasing, observes EAH Housing’s Welton Jordan.