A New Jersey city wants to turn a historic 1940s art deco building that was formerly a Sears Roebuck and Co. store into a mixed-use project with up to 325 apartments, retail space,... Read more »
JRK Property Holdings ended 2025 with a three-property multifamily portfolio purchase that brought its annual spending to a new record for the firm. Los Angeles-based JRK Property Holdings paid $400 million for... Read more »
Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica. The delinquent loan is connected... Read more »
Amidi Real Estate Group has secured $125 million in financing for a newly built residential building in downtown Glendale. Oaktree Capital Management provided the financing for the 228-unit TenTen Campus at 414... Read more »
JLL Capital Markets said Tuesday it had secured a $125-million financing for TenTen Campus, a newly built 228-unit Class A multifamily asset located in downtown Glendale. Senior managing director Chris Gandy and directors... Read more »
Interstate Equities Corporation (IEC) completed a $45-million recapitalization of Napa Green Apartments, a 166-unit multifamily garden-style community located at 2052 Wilkins Ave. in Napa. The completed deal provides a co-mingled investment strategy advised by... Read more »
Cityview and Stockbridge have topped out construction on Apollo, a 265-unit community at 12888 Crenshaw Blvd. in Gardena. The eight-story development’s wood framing is now complete, with the project on schedule to... Read more »
Institutional Property Advisors (IPA), a division of Marcus & Millichap, finalized the sale of Candela, a 112-unit multifamily property in the Hollywood Hills neighborhood of Los Angeles. The asset sold for $35.49 million, or $316,875... Read more »
Walker & Dunlop, Inc. arranged the $185,000,000 sale of Preserve at Melrose, a 410-unit multifamily property in Vista. The company said the sale represents the second-largest single-asset transaction in San Diego and the... Read more »
Besides approving the project which will permit Hood Ventures to build a 210-unit multifamily community, the Concord City Council approved just over $170,000 in grants from the towns economic development office. The... Read more »