Adam Warfford has teamed up with Daniel Smith to redevelop an old Lexington textile factory into apartments. The Triad Business Journal reports that Warfford, the owner of Warfford & Co. and Smith,... Read more »
Terra Capital is working to build another multifamily property on Los Angeles’ Westside. The firm filed an application last week with the Los Angeles Department of City Planning seeking entitlements for a... Read more »
The Dinerstein Cos. paid $137.3 million for a 218-unit apartment complex at 3222 E. 1st Ave in Denver. The sales price equates to nearly $630,000 a unit. The 12-story luxury apartment building,... Read more »
Community, civic and business leaders gathered Wednesday for the groundbreaking of The Carina, a new multifamily residential community at 2828 N. Mainplace Dr. that will bring 408 apartments to Mainplace in Santa Ana. Developed... Read more »
An apartment building on Ocean Avenue in Santa Monica is newly on the market but it isn’t your typical listing. It’s on behalf of a court-ordered receiver, according to CBRE marketing materials.... Read more »
Decron Properties scored more than $80 million in refinancing for an apartment complex in Ventura County. The Los Angeles-based firm received an $82.9 million refinancing loan for the River Ranch apartments at... Read more »
BWE has secured an $82,885,000 loan to provide permanent financing for River Ranch Apartments, a 398-unit, garden-style apartment community in Simi Valley. SVPs Jake Roberts and Mike Guterman of BWE’s Los Angeles... Read more »
Equity Residential is eyeing a density boost at one of its Orange County apartment complexes. The Chicago-based landlord proposed redeveloping part of its Vista Del Lago residences at 21622 Marguerite Parkway in... Read more »
Meridian Capital Group has arranged $63,503,000 in Freddie Mac financing for Wayne Village, a 275-unit garden-style apartment community located at 27 Lancaster St. in Wayne, NJ. The financing was negotiated by Matt... Read more »
Marcus & Millichap finalized the sale of 443 E. 88th St., a 25-unit apartment building in Manhattan’s Yorkville neighborhood. The property sold for $16.5 million, or $660,000 per unit. “This property was highly sought after given its 100%... Read more »