workforce housing
Manolo Farmers Market Owners Break Ground on 120-Unit Market View Apartments on National City Parking Lot
The family behind Manolo Farmers Market has started construction on Market View, a 120-unit workforce apartment community on the grocer's own surface parking...
San Diego Foundation, Bear Creek Commit $100MM to Fast-Track 257 Workforce Homes in North Park and Normal Heights
The San Diego Foundation and Denver-based Bear Creek Fund Advisors have formed a $100 million partnership to finance the State Street Portfolio, four...
Los Angeles Water and Power Pension Doubles Down on Vistria Workforce Housing in $250MM Real Estate Push
The Los Angeles Water and Power Employees’ Retirement Plan has steered $250 million into three private real estate vehicles, doubling its stake in...
Pasadena Unified’s 110-Unit Staff Housing at Former Roosevelt Elementary Heads to Design Approval
Pasadena Unified School District's plan to turn the shuttered Roosevelt Elementary campus into 110 below-market rental homes reserved for its own teachers and...
113-Unit Workforce Housing Portfolio in Riverside Trades for $21.8MM
University Gardens, Normandy Apartments Trade Together for $192,920 Per Unit Amid Tightening Inland Empire Vacancy Two adjacent Riverside apartment properties under common ownership...
88-Unit University Gardens Apartments Trades for $16.375MM Near UC Riverside
Kidder Mathews closed the $16.375 million sale of the 88-unit, 1964-built property at a 6.38 percent cap rate, betting that its recently completed...
JSLB Real Estate Holdings Sells 113-Unit University Gardens & Normandy Apartments for $21.8MM in Riverside
JSLB Real Estate Holdings has sold the 113-unit University Gardens & Normandy Apartments near UC Riverside for $21.8 million, a value-add workforce-housing trade...
Wintercrest Village Apartments Lands $56.1MM Fannie Mae Refinance for 354-Unit Lakeside Community
A 354-unit garden-style community in East County San Diego secured $56.1 million in permanent, non-recourse financing that freed up trapped equity for its...
TruAmerica Doubles Down on California Affordable and Workforce Housing, ‘Stickiest Category in the Country’
TruAmerica Multifamily, the Los Angeles-based apartment giant, is leaning harder into California affordable and workforce housing, with founder Bob Hart calling affordable the...
Eagle Real Estate Partners, Vistria Group Acquire 402-Unit Crystal View Apartments for $132.5MM in Garden Grove
Eagle Real Estate Partners and The Vistria Group have purchased Crystal View Apartments, a 402-unit workforce housing community in Garden Grove, for $132.5...
324-Unit Northwoods Apartments in Upland Lands $34MM Freddie Mac Refinance
A 324-unit garden-style community in Upland that pairs unsubsidized workforce housing with deed-restricted affordable units has locked 10 years of fixed-rate, full-term interest-only...
Eagle Real Estate, Vistria Group Acquire 402-Unit Crystal View Apartments in Garden Grove for $132.5MM
Eagle Real Estate Partners and The Vistria Group have taken control of a 402-unit Garden Grove apartment community whose affordability restrictions were about...
