multifamily
Brea Scraps Mercury Lane Development Agreement, Clearing Way for C&C Development’s 85-Unit Affordable Senior Complex
Brea's Planning Commission has moved to cancel a six-year-old development agreement tied to a stalled workforce apartment concept, formally clearing the 1.01-acre Mercury...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
LA County Supervisors Clear Zone Change for 60-Unit Apartment Project in West Whittier
Los Angeles County supervisors granted a zone change and density-bonus entitlements for a 60-unit, five-story apartment building in unincorporated West Whittier, adding to...
Living Trust Acquires 59-Unit El Cajon Apartment Community for $13.25MM
At $224,576 per unit, the 59-unit community trades for roughly 44 percent less than San Diego County’s average multifamily price, reflecting its East...
How Propositions 1 and 37 Could Redraw Southern California’s Housing Math
Two November ballot measures would authorize more than $36 billion in housing bonds, one subsidizing affordable rentals and farmworker housing and the other...
Samueli Family Office, Waterford Buy 371-Unit Edge Apartments in Anaheim’s Platinum Triangle for $153.6MM
The back-to-back sale of the Edge and Rise apartment complexes for a combined $314 million in a single week signals intensifying institutional appetite...
Risewell Homes Advances Phase C of Eastvale’s Leal Master Plan with 73-Lot Tract Map and 224 New Homes
The Eastvale Planning Commission is weighing a tentative tract map and a slate of development reviews that would split 44.47 acres into 73...
JMW Truss Pushes 240-Unit Boulders II Apartments in Menifee as Planning Commission Delays Rezone Vote
The Menifee Planning Commission put off a recommendation on JMW Truss's plan to rezone roughly 10 acres near Berea Road for the 240-unit...
Costa Mesa Council Approves 2,300 Homes at Former Fairview Developmental Center, Scaling Back 4,000-Unit Plan
The Costa Mesa City Council unanimously approved a land-use plan for the shuttered Fairview Developmental Center that clears the way for 2,300 homes...
JLL Taps 18-Year Bank Lending Veteran David Ghannadi to Expand Orange County Debt Advisory
JLL Capital Markets has recruited longtime bank lender David Ghannadi to its Orange County office, betting that his balance-sheet experience and relationships will...
Decron Properties Lands 163-Unit 5550 Wilshire in LA’s Miracle Mile for $114MM
Decron Properties broke a nearly two-year acquisition pause to buy the 2010-built luxury community from Boston-based GID, betting that irreplaceable Miracle Mile real...
Self-Help Ventures Fund, LA Más Buy 31-Unit Glassell Park Property for $6.04MM
A 31-unit apartment property in Glassell Park has sold for $6.04 million to a nonprofit partnership planning to keep the buildings affordable for...
