Residential
Redfin to Acquire Bay Equity Home Loans for $135MM
Acquisition will give Redfin customers a broader suite of loan products in more markets and propel the company’s efforts to create a complete...
Shopoff Secures $47 Loan for Construction of 131-Home Development in La Quinta
IRVINE, Calif., Jan. 11, 2022 — Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced today that...
Three Affordable Housing Developments Totaling 177 Units Planned for Los Angeles
By Catherine Sweeney A partnership between Decro Corporation and Daylight Community Development is bringing new affordable housing developments to Los Angeles residents. Totaling...
16-Unit Multifamily Asset in Los Angeles Sells for $4.57MM
Los Angeles, Calif. – Wilcox Courtyard Apartments, located at 1965-1973 North Wilcox Avenue in Los Angeles, California, has sold for $4,575,000. Kidder Mathews...
HGI, Azure Partners Acquire 480-Unit Apartment Community in Santa Clarita for $230.25MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction, the property was sold for $230.25 million, or approximately $479,687 per unit.) Santa...
Report: Investors Should Proceed with Cautious Optimism in 2022
By Catherine Sweeney Coming back from a challenging market in 2020, the commercial real estate industry began 2021 with a lot of momentum...
16-Unit Multifamily Property in San Diego Sells for $7.25MM
San Diego, Calif. –– Colliers today announced the sale of Sandpiper Apartments, a completely renovated 16-unit multifamily property located at 715 Cohasset Court,...
New Standard Equities Acquires 236-Unit Multifamily Property in Upland for $80.75MM
UPLAND, Calif. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of The Benson, a 236-unit...
1,155-Unit Luxury Apartment Community Set to Open in Los Angeles
By Catherine Sweeney A mixed-use development totaling 1,155 residential units will soon be available to Los Angeles residents. Named Ferrante, the behemoth development...
Engine Real Estate Sells Two-Building Mixed-Use Portfolio in Pasadena for $18MM
PASADENA, Calif. – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
Updated Plans Submitted for Seven-Story Mixed-Use Building in Los Angeles’ Warner Center Neighborhood
By Catherine Sweeney A project that was initially proposed to the City of Los Angeles in 2018 is getting a new look. The...
15-unit Apartment Complex in West Los Angeles Sells for $9MM
Los Angeles, Calif. – A 15-unit apartment complex in West Los Angeles sold for $9 million in an off-market deal brokered exclusively by...
