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CoreCapital Buys 28-Key Hotel in Pismo Beach for $7.6MM 

(EDITOR’S NOTE: According to a source with knowledge of the transaction, the property sold for $7.6MM, or about $271,428 per room.) SAN DIEGO,...

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FinanceIndustry NewsLos AngelesNews ReleasesResidential

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...

FinanceIndustry NewsNews ReleasesResidentialSan Diego

IDEAL & Pacific Urban Sell 172-Unit Multifamily Property in San Diego for $60.25MM

IRVINE, Calif. – January 21, 2022 – Berkadia Institutional Solutions announced today the sale of Entrada, a multifamily property located in the East Village...

FinanceHospitalityIndustry NewsSan Diego

Lowe, Atlas Hotels Borrow $148MM for Financing of 671-Room Hotel in Mission Valley

SAN DIEGO – October 29, 2021 – Berkadia today announced the closing of the financing of the newly-transformed Town & Country Resort located...

FinanceIndustry NewsInland EmpireNews ReleasesResidential

Tower 16 Capital Partners Buys 330-Unit Apartment Building in Moreno Valley for $85MM

SAN DIEGO — October 26, 2021 — Berkadia announced today the $85 million sale of Sorelle, a 330-unit garden-style multifamily property in Moreno...

FinanceIndustry NewsNews ReleasesOrange CountyResidential

E&S Ring Management Purchase 152-Unit Huntington Beach Apartments for $70MM

LOS ANGELES — E&S Ring Management Corporation announced today the acquisition of Sendero Huntington Beach for $70,010,000 ($460,592 per unit) from Sack Properties,...

FinanceHospitalityIndustry NewsNews ReleasesSan Diego

Pacifica Companies Purchases 34-Key Boutique Hotel in Cambria for $10.5MM

(EDITOR’S NOTE: According to sources familiar with the transaction, the property was sold for $10.5 million, or approximately $308,823 per room.) SAN DIEGO,...

FinanceIndustry NewsNews ReleasesResidentialSan Diego

Bridge Investment Group Spends $86.65MM on Multifamily Asset in San Diego

SAN DIEGO – October 8, 2021 – Berkadia announced today the sale of Parkway Club, a 277-unit multifamily property in San Diego, California. Managing...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Berkadia Negotiates 28-Unit Multifamily Sale in Hawthorne

EL SEGUNDO, CA – September 16, 2021 – Berkadia announced today the sale of The Franklin Apartments, a 28-unit, garden-style multifamily property in Hawthorne,...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Berkadia Secures $20.6MM in Financing for 56-Unit Multifamily Property in Oxnard

LOS ANGELES – September 15, 2021 – Berkadia today announced the financing secured for the 56-unit Mayfair at Wagon Wheel, a mid-rise multifamily property...

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Industry NewsPeople on the Move

Berkadia Seniors Housing & Healthcare Adds Director to Platform

EL SEGUNDO, CA – September 15, 2021 – Berkadia announced today the addition of Director Simona Wilson to Berkadia Seniors Housing & Healthcare, serving...

FinanceIndustry NewsInland EmpireNews ReleasesResidential

Vista Pacific Purchases 192-Unit Multifamily Property in Lake Elsinore for $46MM

SAN DIEGO — August 17, 2021 — Berkadia announced today the $46 million sale of Shoreline, a 192-unit garden-style multifamily property in Lake...

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