California
JV Breaks Ground on Townhouse-Style Apartments in Central Morris County
A joint venture between CrownPoint Group Inc. and Crossroads Companies has broken ground on a townhouse-style apartment development located in Randolph, NJ, which will feature 125 luxury homes. The community,… Read more
Kidder Mathews Completes Exchange of MF Portfolio in Shoreline
The Simon | Anderson Multifamily Team at Kidder Mathews completed an exchange on behalf of longtime client John Stephanus, selling… Read more
Homes for America Breaks Ground on Baltimore Housing Development
Homes for America recently celebrated the official groundbreaking of Clare Court II, an 83-unit affordable housing development at 3725 Ellerslie… Read more
Essex Realty Facilitates $18M Sale of Uptown Mixed-Use Property
Chicago-based Essex Realty Group has completed the sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use building… Read more
Slate, Evanhar Team on New MOB for Mt. Sinai Health System
Slate Property Group and Evenhar Development Corp. on Monday announced a partnership to develop a ground-up medical office and community… Read more
Douglas Emmett Secures $941M in Loans on Apartment Properties
(Updated with additional information) Office and apartment REIT Douglas Emmett, Inc. said Monday it had obtained a total of $941… Read more
Multifamily Lending Volume Rises 17% Year-Over-Year
Multifamily lenders originated a total of $288.7 billion in new mortgages for multifamily properties with five or more units, according… Read more
Trammell Crow, Daiwa Deliver 1.35M-SF Houston Industrial Park
Trammell Crow Company (TCC) and joint venture partner Daiwa House Texas Inc. delivered Blue Ridge Commerce Center (Blue Ridge), a… Read more
Tarlton Building 223K-SF Austin Life Science Facility
Tarlton Properties and Reger Holdings secured a construction loan of $105 million from Cottonwood Group for a development site located at 3600… Read more
Goldman Sachs Acquires Viera Rental Asset for $94M
PAC Land Development has sold off a recently completed 270-unit apartment complex in Viera, Florida. Goldman Sachs paid $94 million… Read more
Investor Duo Close on $58.33M Homestead Apartment Refi
Artemis Real Estate Partners and Grand Peaks Properties obtained a $58.33 million loan to refinance The Olivia, a 2018-built, Class… Read more
All for Health, Health for All Acquires Burbank Offices
CBRE arranged the sale of a 77,988-square-foot office property at 601-607 Glenoaks Blvd. in Burbank. The property was acquired by… Read more
Shopoff Sells Final Remaining Parcel at Fullerton Retail Center
Shopoff Realty Investments closed on the $2.5-million sale of a 0.46-acre retail parcel, the final remaining parcel of the 14-acre Sunrise… Read more
KLNB Adds Industry Veteran to Multifamily Team
KLNB announced that Justin Shay has joined the firm’s multifamily capital markets team as senior vice president. Shay comes to… Read more
Affirmed Begins Construction on North Fair Oaks Affordable
Affirmed Housing has begun construction on Monarch at Redwood, a $70.4-million affordable housing community located in North Fair Oaks. Once… Read more
Lurie, Port of SF Unveil Plan to Revitalize Fisherman’s Wharf
San Francisco Mayor Daniel Lurie and the Port of San Francisco have unveiled a sweeping plan to revitalize Fisherman’s Wharf,… Read more
Fulton Market Multifamily Trades in 1031 Exchange
Greenstone Partners has completed the sale of 1151 West Erie Street, a nine-unit multifamily property located at the edge of… Read more
Colliers Markets Nonperforming Loan on EY Plaza in DTLA
Colliers is marketing the $275-million nonperforming loan secured by the fee simple interest in 725 S. Figueroa Street, also known… Read more
