Residential
FPA Multifamily Seeks $1.35B Capital Raise for New Apartment Fund
By Jon Peterson Interest in the multifamily sector continues to grow as rents nationally continue to climb and the product shows its sustained...
A Community of Friends to Develop 95-Unit Affordable Senior Housing Project in Riverside
RIVERSIDE, Calif. –– R.D. Olson Construction, an award-winning general contracting firm in California, today announced the groundbreaking of Oasis Senior Villas, a 95-unit...
264-Unit Mixed-Use Project Planned for Los Angeles’ Westlake Neighborhood
By Catherine Sweeney Los Angeles-based developer Safco Capital will soon be able to begin construction on its 264-unit project in Westlake after the...
The Bryant at Yorba Linda Trades for $205.5MM
(EDITOR’S NOTE: the property is located at 25550 River Bend Rd. and sold for $513,750 per unit.) NEWPORT BEACH, CALIFORNIA (February 7, 2022) – Northmarq’s...
Standard Communities Leads $100MM Valuation of Public-Private Partnership Transition for 130-Unit West Hollywood Community
130 Market Rate Units to Middle-Income Housing in West Hollywood, CA Standard Communities and Faring Partner with Public Agencies to Expand Middle-Income Housing Opportunities...
Morguard Spends $79.4MM to Acquire Remaining Ownership of Luxury Apartment Complex in Los Angeles’ Creative Epicentre
(EDITOR’S NOTE: According to industry reporting, Morguard spent $79.4 million to acquire the remaining ownership. The previous owner was CIM Group. The property...
80-Unit San Diego Multifamily Asset Sells for $28.1MM
SAN DIEGO, Feb. 3, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of...
21-Unit Apartment Community in Long Beach Sells for $5MM
Long Beach, Calif. February 4, 2022 – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.04...
28-Unit, Five-Property Multifamily Portfolio in Beverly Hills Trades for $16.5MM
(EDITOR’S NOTE: According to the offering memorandum, the properties are located at 218 S Gale Drive (7 units), 8918 & 8924 Burton Way...
107-Unit Apartment Complex in Torrance Sells for $49.5MM
TORRANCE, Calif. – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
Three Supportive Housing Projects to be Developed in Los Angeles
LOS ANGELES, Calif. – Architecture, urbanism and landscape-design firm Studio One Eleven has announced designs for three supportive housing developments using advanced modular...
BLDG Partners Buys 306-Unit Multifamily Asset in Paramount for $128.5MM
BEVERLY HILLS – BLDG Partners (BLDG), in partnership with the California Municipal Finance Authority (CMFA), a joint powers authority, has announced the acquisition...
