Los Angeles
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
California Compliance Digest for Multifamily Properties
By Shari Fykes If you’ve got multifamily assets in California, your regulatory compliance to-do list is getting longer. Depending on… Read more
Apartment Q&A: Refined Renters Drive Today’s MF Experiences
Connect Apartments is planned this week in Los Angeles. The conference features a host of commercial real estate experts who will… Read more
NorthMarq Refi’s Fullerton MF for $56M
The Connect Apartments Conference will take place this week (June 20) in Los Angeles. For more information, or to register,… Read more
Marriott-Branded Hotel in Arcadia Secures Construction Loan
ACRES Capital Corp. originated a $43.5 million bridge loan to complete the construction and stabilization of the Le Meridien by… Read more
Digital Platform Provides Multifamily Borrowing Options
TapCap, described as the real estate industry’s first fully digital nationwide multifamily lending company, is now up and running. The company… Read more
RK Properties Acquires Charlotte Apartment Community for $57M
HFF arranged the $57.3 million sale of Solis Berewick, a 275-unit apartment community in southwest Charlotte. Located at 9550 Gannon… Read more
Related Pulls Curtains Up on San Francisco’s The Avery Tower
Related California opened the 56-story, 548-unit residential high-rise, The Avery, in the heart of San Francisco’s Transbay District. The sculpted… Read more
Veteran Brokerage Team Joins Kidder Mathews’ San Diego Office
Commercial brokerage team, Robert Black and Sean McNee, joined Kidder Mathews’ San Diego office as senior vice presidents in the… Read more