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AECFinanceIndustry NewsLos AngelesResidential

Lincoln Property, McCourt Partners Clinch $133MM Bank OZK Loan to Build 344-Unit ElevenOneEleven in Culver City

A Lincoln Property Company and McCourt Partners joint venture has lined up $132.7 million in construction debt from Bank OZK to build ElevenOneEleven,...

111111-Jefferson.
AECFinanceIndustry NewsLos AngelesResidential

Lincoln Property, McCourt Partners Land $132.7MM Bank OZK Loan for 344-Unit ElevenOneEleven in Culver City

Lincoln Property Company and McCourt Partners have closed a $132.7 million Bank OZK construction loan for ElevenOneEleven, reviving a stalled 3.4-acre Culver City...

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People on the Move

Berkadia Recruits JLL Equity Team to Irvine, Opening a West Coast Front for Strategic Capital

Berkadia has recruited a two-person equity placement team out of JLL Capital Markets to anchor an Irvine outpost for its year-old Strategic Capital...

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People on the Move

Berkadia Taps Veteran Multifamily Executive as Chief Revenue Officer to Unify Mortgage Banking and Investment Sales Platforms

Berkadia is pleased to announce that Blake Okland has been appointed Chief Revenue Officer, bringing nearly three decades of leadership experience in multifamily...

Apartment building
FinanceIndustry NewsLos AngelesResidential

Berkeley Square Capital Partners Brings to Market 93-Unit Solis Isla Vista Portfolio in Supply-Starved UCSB Student Housing Submarket

An assemblage of seven properties steps from the University of California, Santa Barbara, the offering represents rare scale in one of the nation's...

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FinanceHospitalityLos Angeles

Church of Scientology Lands Distressed Mama Shelter Hollywood Hotel for $16MM

The 70-room property changed hands at $229,000 per key after a $13.3 million CMBS loan went into default, drawing 13 bidders to a...

Petco Park in San Diego
AECIndustry NewsResidentialSan Diego

ArtHaus Partners Reaches Construction Milestone at 259-Unit Attainable Housing Project in San Diego’s East Village

The Bay Area-based workforce multifamily developer pours concrete on the first level of ArtHaus K Street, an 8-story, 131,000-SQFT building expected to deliver...

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FinanceIndustry NewsLos AngelesResidential

Holland Partner Group Acquires 344-Unit Esperanza at Duarte Station for $141MM in Duarte

The transit-oriented luxury property in the Upper San Gabriel Valley trades to the Vancouver, Washington-based investor as institutional interest in the submarket strengthens...

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FinanceIndustry NewsResidentialSan Diego

Newly Built 50-Unit Alante Apartments in Carmel Mountain Ranch Sells for $24.5MM

Property Commands $489,000 Per-Unit as Q4 2025 Reports Show Bifurcated Market Favoring New Construction A 50-unit multifamily property in San Diego's Carmel Mountain...

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FinanceIndustry NewsNews ReleasesOrange CountyResidential

150-Unit Dorado Senior Apartments in Buena Park Sells to Spira Equity Partners for $34MM

Berkadia Completes Sale, Financing, and LIHTC Equity Placement for Affordable Housing Property in California Dallas, Texas – December 16, 2025 – Berkadia, a distinguished leader in the commercial...

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FinanceIndustry NewsLos AngelesResidential

Pacific Urban Investors Acquires 208-Unit The Eleve in Glendale for $76MM

Value-add play signals continued investor confidence in Los Angeles County multifamily assets despite broader market headwinds Pacific Urban Investors has purchased The Eleve,...

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FinanceIndustry NewsNews ReleasesOrange CountyResidential

18-Unit The Westcliff Courtyard Apartments in Newport Beach Sells for $11.5MM

Newport Beach, California – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of The Westcliff Courtyard Apartments, a 18-unit, coastal-style multifamily property in Newport Beach, California. Managing Directors Bruce Furniss of Berkadia Irvine and Steffan...

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