West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, acquired a 33,673-square-foot industrial building located at 2551 Santa Fe Ave. in Redondo Beach. West Harbor immediately launched... Read more »
West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

BlackSpruce Snags $94M in Chelsea Portfolio Sale

Marcus & Millichap finalized the sale of The Chelsea Collection, a 13-property multifamily portfolio of 147 units in Manhattan’s Chelsea neighborhood. The portfolio traded for $94.5 million, representing one of the most... Read more »
West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

San Fernando Valley Apartment Portfolio Fetches $85M

The Azzi Group at Marcus & Millichap closed 2024 with the $85-million sale of the San Fernando Valley portfolio. The portfolio featured 596 apartment units across 16 parcels, reportedly making it the largest... Read more »
Mr. Cooper CEO talks trillion-dollar portfolio, AI and upcoming plans

Mr. Cooper CEO talks trillion-dollar portfolio, AI and upcoming plans

In this week’s episode of the Power House podcast, Mr. Cooper CEO Jay Bray joins HousingWire president Diego Sanchez for a conversation centered on balanced servicing and origination activities in the mortgage... Read more »
West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

EQT Exeter Adds 1M-SF Napa Valley Portfolio

The EQT Exeter Industrial Value Fund VI has acquired two bulk distribution buildings totaling more than one million square feet in Napa Valley’s Wine Country. Terms of the acquisition and the identity... Read more »
West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

ELACC Launches Transition to All-Electric Energy Across Portfolio

As part of its mission to enhance housing sustainability and improve public health in the Boyle Heights community of Los Angeles, the East LA Community Corporation (ELACC) is transitioning to an all-electric... Read more »
West Harbor Adds Redondo Beach Industrial to SoCal Portfolio

CenterSquare Completes Industrial Portfolio Acquisition in Indianapolis

CenterSquare announced that as the latest investment for its Value Added Fund V, the company has acquired Jackson Park, a 260,400 square-foot portfolio of Service Industrial properties in the Eastside submarket of... Read more »
HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in... Read more »
Gortikov Capital Acquires 0M Santa Monica Affordable Portfolio

Gortikov Capital Acquires $120M Santa Monica Affordable Portfolio

Gortikov Capital said Monday it had acquired Samo Collection, an 11-building portfolio of 399 income- and rent- restricted affordable housing in Santa Monica for $120 million. The seller was not disclosed. The new... Read more »
Newmark Closes Sale of “Westside Trio” Multifamily Portfolio

Newmark Closes Sale of “Westside Trio” Multifamily Portfolio

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 »