Turner Impact Capital has launched its third multifamily housing fund to address the country’s housing affordability crisis. Turner Multifamily Impact Fund III (TMIF III) seeks to raise up to $750 million of... Read more »
Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West Los Angeles, the portfolio sold for a blended price per unit of... Read more »
Berkadia arranged financing for Silva, a 221-unit, midrise multifamily property located in Los Angeles’ Silver Lake neighborhood. Allan Freedman, Ben Harris, Charlie Haggard, Kevin Mignogna and Michael Beach of Berkadia secured acquisition financing on behalf... Read more »
JLL has hired former associate Kevin Sheehan to join its multifamily investment sales team. Sheehan, who had worked for North America Sekisui House, a residential developer based in Virginia, now serves as... Read more »
CBRE secured $200 million in financing for developing Alexan West End, a 600-unit multifamily community in Long Beach, on behalf of R&V Management and Trammell Crow Residential. The financing included a $166-million construction... Read more »
Trammell Crow Residential has scored a $200 million financing package to build a 600-unit complex in Long Beach. Kennedy Wilson provided a $166 million construction loan for the project, located at 600... Read more »
JLL Capital Markets secured acquisition financing for Cobalt Apartments, a 135-unit rental apartment property with 14,754 square feet of ground-floor retail in Culver City. A JLL team led by senior managing director Jeff Sause, director... Read more »
BWE secured $224,699,000 in financing for a six-property, 1,192-unit multifamily portfolio in Orange County. Five properties in the portfolio were refinanced in order to secure equity for the acquisition of the sixth... Read more »
William Walters Company, a partnership of investors, has sold Chateau de Ville, a 254-unit multifamily property in Anaheim for $79 million to Chateau De Ville Investment LP, a local investment firm. The... Read more »
TPG Real Estate Capital has unloaded a 2.3-acre multifamily development site in Playa del Rey, just a few months after foreclosing on the property. Kajima USA, the U.S. arm of Tokyo-based construction... Read more »