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 »
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 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 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 »
Hackman Capital Partners (HCP) formed a strategic alliance with Laurie Samitaur Smith of Samitaur Constructs to manage the Conjunctive Points Portfolio in Culver City. The portfolio, which Samituar Constructs developed and has owned for more... Read more »
Hackman Capital Partners has partnered with Laurie Samitaur Smith of Samitaur Constructs to manage a 26-building, mixed-use portfolio in Culver City. The locally based Hackman teamed up with the Culver City-based developer... Read more »
Northmarq’s Westlake Village Multifamily Investment Sales team led by Jim Fisher, Mike Smith, Vince Norris and Tommy Yates has listed a four-property senior living portfolio totaling 705 units. Northmarq is representing the seller. Asking price was not disclosed. The mixed-income, age-restricted portfolio... Read more »
Greystar says it’s started construction on its Alpharetta active adult rental community. The Everleigh Deerfield will be located 1010 Meliora Road. Plans for the community include 16 floor plans ranging from 656-square-foot... Read more »
The AIDS Healthcare Foundation has offered a top bid of $53 million to buy a portfolio of a dozen residential buildings on Skid Row. The Hollywood-based nonprofit, the world’s largest charity for... Read more »
As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for... Read more »