California
Gut Renovated Central Harlem Apts. Come to Market
GFI Realty Services has been hired to market 2918 Frederick Douglass Blvd., a four-story Central Harlem multifamily building with 12 free-market… Read more
JBA Secures M&T Construction Loan for Greenpoint Rentals
Jonathan Aghravi of JBA Equities has arranged $38-million in financing from M&T Bank for ground-up construction at 30 Kent St., an 80-unit… Read more
Pacific Retail Takes Over Southgate Market
Pacific Retail Capital Partners, a property owner/operator and developer based in El Segundo, CA, has taken over as operator and… Read more
Chuze Claims Fontana Space for New Gym
Chuze Fitness signed a 45,000-square-foot lease at 14574 Baseline Ave. in Fontana, CA. The gym will join the Morningside Marketplace… Read more
Hilton Opens Bay Area’s First Modular Built Hotel
Hilton unveiled Home2 Suites by Hilton San Francisco Airport North, a new hotel in its all-suites portfolio. The property, owned… Read more
Sentre Divests Tustin Industrial to Alere
San Diego-based Sentre sold a 56,190 square-foot industrial site at 15201 Woodlawn Ave. in Tustin, CA to Newport Beach, CA-based… Read more
Onni Group Secures $550M Acquisition Loan for Wilshire Courtyard
Canadian investor Onni Group received $550.2 million in floating-rate financing for the acquisition of Wilshire Courtyard on Los Angeles’ Miracle… Read more
Google Funding 20K Bay Area Homes with $1B Commitment
Google plans to invest $1 billion in housing across the Bay Area, with a goal of adding 20,000 new homes.… Read more
Seattle’s Historic Louisa Hotel Re-born as Apartments
A partnership between the Woo Family and Gaard Development is set to open the historic Louisa Hotel as an 84-unit multifamily… Read more
Mike Ibarra Joins American Realty Advisors’ Team
Los Angeles-based American Realty Advisors (ARA) expanded its leadership team with the addition of Mike Ibarra as SVP, Investor Relations.… Read more
Carter Acquires Six-Property MF Portfolio in Savannah for $84M
Carter Multifamily has acquired a six-property apartment portfolio in the Savannah area for $84.3 million. The seller was not disclosed.… Read more
FCP Buys Philly Luxury Rentals for $118M from J.P. Morgan
FCP acquired Edgewater, a 286-unit luxury high-rise apartment community in Center City Philadelphia, for $117.9 million from institutional investors advised by… Read more
FirstService Will Manage Hines’ MoMA Condo Tower
FirstService Residential has been appointed to oversee the management of 53 W. 53rd St., an 82-story residential condominium tower adjacent to… Read more
Rent Reform’s Impact Won’t Be Limited to Landlords
Now that Gov. Andrew Cuomo has signed what he called “the most sweeping, aggressive tenant protections in state history,” apartment… Read more
Draper & Kramer Opens Rentals on Gold Coast Lakefront
Draper & Kramer held a grand opening for its 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks… Read more
Hunt Finances Portfolio Buy in Greater Cincinnati
Hunt Real Estate Capital provided a Fannie Mae conventional multifamily loan of $7.65 million to finance the acquisition of a… Read more
CushWake Brokers $47M Sale of MF Community in Greenville
Cushman & Wakefield arranged the $47 million sale of Waterside Greene, a 378-unit multifamily community in Greenville, SC. Located at… Read more
Evergreen Renovates Senior Community in Englewood
Evergreen Real Estate Group completed a $4-million renovation of Bethel Terrace Apartments, a 123-unit affordable senior housing community in the South… Read more
Bascom Group Adds 486 Units to Colorado Portfolio
Bascom Group, in partnership with the Axton Group, expanded its Colorado portfolio by 486 units, with the acquisition of two… Read more