Los Angeles
Rent Control Measure Returns, Legislative Analysis Says That’s Bad for State, CRE
The latest incarnation of California’s rent control measure that was defeated last November has returned. Proposition 10 2.0, Michael Weinstein’s… Read more
Affordable Housing Veteran Joins Habitat Team
Kimberly Sisney has joined the Habitat Company team as VP, Habitat Affordable Group. Sisney brings more than 25 years’ experience in property… Read more
Connect Puts the CRE in CREative
Connect Media launched more than five years ago with an extensive background in all things CRE. And, while most know… Read more
Pair of Riverside Senior Active-Living MFs Sold
The Connect Apartments Conference will take place June 20, 2019 in Los Angeles. For more information, or to register, click… Read more
LaTerra Sells Santa Ana TOD MF for $101M
Los Angeles-based LaTerra Development sold The Line at Santa Ana for roughly $101 million, or $445,000-per-unit. The 228-unit multifamily transit-oriented… Read more
Sandra Eaton Takes Western U.S. Development Helm at Compass
Compass Development named highly-respected industry leader, Sandra Eaton, as Regional Director, West Coast. Based in San Francisco, Eaton brings a… Read more
Designs Unveiled for Uber Air Skyports
Uber’s 3rd Elevate Summit featured the designs for Uber Air Skyports from eight architecture and engineering firms. The new designs… Read more
Brasa Closes Oversubscribed Inaugural Fund with $120M Raise
Los Angeles-based Brasa Capital Management held a final close of its first investment fund, Brasa Real Estate Fund, LP, exceeding… Read more
Security Properties Picks Up Puyallup MF Property for $42M
Seattle-based Security Properties purchased Brookstone at Edgewater, a Class A townhome-style multifamily property in Puyallup, WA from an undisclosed seller… Read more
11-Building Value-Add Portfolio Hits Market in East Rogers Park
The Collection on East Lake Terrace, an 11-building, 181-unit apartment portfolio, has been listed for sale unpriced by the Kiser… Read more
Council OK’s TIF Benefits for Former Harold Ickes Homes Site
The first phase of the planned Southbridge mixed-income housing project on the Near South Side will move forward through financial… Read more
JLL Team Markets O-Zone Site in Philadelphia’s Fishtown
JLL Capital Markets has been retained by Grand Street Development and Kamson Corp. to market what is reportedly the largest… Read more
Marcus & Millichap Brokers Hickory Hills MF Sale
Marcus & Millichap’s Andrean Angelov and Ryan D. Engle have brokered the sale of Hickory Glen Apartments, a 48-unit apartment property in Hickory Hills,… Read more
29th Street Capital Purchases 286-Unit Apartment Community in Marietta
29th Street Capital acquired Cumberland Crossing Apartments, a 286-unit multifamily community in Marietta for an undisclosed price. The property was… Read more
$111M Refi Arranged for 515-Unit Gables Portfolio
PGIM Real Estate Finance, through two Fannie Mae loans, arranged refinancing to the tune of $111 million for a 515-unit… Read more
Hamilton Zanze Sells 184-Unit Enclave at Water’s Edge to TN Buyer
Multifamily investor Hamilton Zanze ended its hold on the 184-unit Enclave at Water’s Edge, selling the north Austin apartment complex… Read more
Inland Strikes $206M Deal with Blackstone; Sells 855-Unit Portfolio
Inland Private Capital Corp. sold an 855-unit Denver-area portfolio to Blackstone Real Estate Income Trust, and walked away from the… Read more
Local Seller Ends Decade-Long Hold, Sells 176-Unit Hidden Village
A private investor in Irving, TX put an end to his near-decade hold on Hidden Village, a 176-unit, Class C… Read more
Apartment Q&A: Keeping Pace with Amenities Arms Race
By Dennis Kaiser Connect Apartments is coming up next week in Los Angeles. The conference features a host of commercial… Read more