West

Cityview Completes Los Angeles Community

Located in a downtown Opportunity Zone, the property offers more than two dozen affordable units.

Augusta Glen

Interstate Equities Pays $28M for Suburban Seattle Asset

IPA represented the seller in the transaction.

Lumina Apartments underwent cosmetic renovations from 2014 through 2022. Image courtesy of CBRE

Abacus Capital Buys Portland-Area Community for $97M

Grand Peaks Properties sold the 440-unit asset.

Seattle. Photo by ad_foto/iStockphoto.com

Seattle Multifamily Report – July 2023

The Puget Sound is ready for better days after a slow first half.

The 681-unit property first came online in 1969. Image courtesy of Andover Properties

Andover Properties Adds Facility to Colorado Springs Portfolio

This transaction marks the company’s third acquisition in the market.

Urban Catalyst Launches Fund to Develop Google-Adjacent California Project

The community will be next to the tech company’s Downtown West development.

Trailside Apartments

Olympus Property Pays $36M for Arizona Asset

The sale involved a $22.5 million Fannie Mae loan.

Sunnyview Villa Apartments. Image courtesy of Community Preservation Partners

CPP Buys Palm Springs Affordable Housing Property

The new owner expects to invest $89,000 per unit in renovations.

Seattle-Area Asset Commands $125M

Located in Redmond, Wash., the property came online two years ago.

San Francisco. Photo by Patrick Jahns/iStockphoto.com

San Francisco Multifamily Report – July 2023

Rents in the Bay Area are close to their mid-2022 levels.