The Bascom Group acquired Castlewood Park Apartments, a low-density, 183-unit value-add apartment community in Buena Park. The purchase price was $53,125,000, or $290,301 per unit. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, and... Read more »
CBRE facilitated the $77.5-million sale of Sunterra, a 240-unit multifamily community located at 3851 Sherbourne Dr. in Oceanside. The firm’s Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas advised the seller, 29th Street Capital. Debt and Structured Finance support... Read more »
HVN Development is pursuing more affordable housing in the San Fernando Valley. The Irvine-based affordable housing developer has secured permits from the Los Angeles Department of Building and Safety for a new... Read more »
Westland Real Estate Group is trimming its apartment portfolio in Los Angeles County. The Long Beach-based firm sold a four-property apartment portfolio comprising 52 units in Inglewood’s Fairview Heights neighborhood for a... Read more »
Jamison Services’ office-to-residential conversion spree in its home neighborhood of Koreatown continues to grow. Jamison is looking to convert the existing 11-story Wilshire Park Plaza office building at 3700 Wilshire Boulevard into... Read more »
Eagle Real Estate Partners and Vistria Group joined forces to acquire a workforce housing community in Orange County. The multifamily investment firms purchased the 402-unit Crystal View Apartments at 12091 Bayport Street... Read more »
Two century-old duplexes in Beverly Hills are poised to give way to a seven-story multifamily building. The Beverly Hills Planning Commission is reviewing a proposal from Suite Homes LLC to erect a... Read more »
Northmarq’s San Diego Debt + Equity team, led by Aaron Beck and Bryce Quezada, arranged $13.275 million in financing for Talas Apartments, a newly constructed 48-unit multifamily garden community located at 2114 E. 7th St. in National... Read more »
An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first... Read more »
Broadshore Capital Partners, LLC closed on a $53.2-million floating-rate senior bridge loan secured by Monroe North Park, a newly delivered 137-unit Class A multifamily community located at 3090 Polk Ave. in the... Read more »