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 »
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged today the sale and financing of Luxe Villas, a 60-unit multifamily asset in the Brentwood neighborhood of Los Angeles. The property sold... Read more »
Izek Shomof is taking his office-to-residential conversion talents from downtown Los Angeles and Long Beach to Glendale. The developer has filed plans to convert a 19-story office building at 101 North Brand... Read more »
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria on California’s Central Coast. It traded for $75 million, or $275,735 per... Read more »
The location of a closed restaurant on Los Angeles’ Westside has been floated for redevelopment into housing and retail. RBM of California filed an application with the Los Angeles Department of City... Read more »
TruAmerica Multifamily is adding to its holdings on the Westside with two multifamily property acquisitions. Century City-based TruAmerica purchased the Luxe Villas and Haven Apartments, comprising 157 units, for an undisclosed price,... Read more »
CBRE arranged the $26.5-million sale of La Roca Plaza, a 100-unit multifamily property located at 10032 N. Magnolia Ave. in Santee. Casa La Roca Apartments LLC acquired the property from La Roca Plaza... Read more »