Friday, August 16, 2019

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Joint venture of PCCP, LLC and Intracorp to develop two for-sale townhouse projects totaling...

PCCP, LLC announced today it has formed a joint venture with Intracorp for the ground-up development of two, for-sale townhouse projects totaling 129 units within the Puget Sound region. The portfolio includes Kelkari, a...

Sunroad Enterprises hires multifamily real estate industry leader David Dufenhorst

Sunroad Enterprises, a San Diego-based real estate investment and development company, announces that David Dufenhorst has been hired as President of Sunroad Real Estate Investments. As President, David will lead Sunroad’s rapidly growing multifamily real...

Oregon revamps its housing laws

The governor of Oregon is expected to sign into law several bills to address housing issues in the state. Two bills, HB 2001 and HB 2003 have the potential to transform Oregon’s neighborhoods. Eliminating single-family...

Twin-tower development site in Denny Triangle sells for $72 million

A multifamily development site, located at 1901 Minor Avenue in Seattle, Washington, has been purchased by Concord Pacific, a Canadian residential developer, for $72 million. Kidder Mathews commercial real estate brokers, Ross Klinger and...

RISE Properties Trust and Aegon Real Assets US acquire Waterbury Park Apartments in Federal...

RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary of Aegon N.V., a multinational life insurance, pensions and asset...

Parkview Financial provides $15.91 million construction loan for a new six-story, 65-unit project in...

Parkview Financial announced today it has provided a $15.91 million construction loan to St Andrews Place, LLC, a Los Angeles-based private developer, for the development of a six-story, 65-unit apartment property in the Koreatown...

Stepp Commercial completes $1.86 million sale of a value add 11-unit apartment property in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.86 million sale of a value add 11-unit apartment property located at 2121 Long Beach Blvd. in the...

JLL announces $58M sale and $37.7M financing of Tupelo Alley in Portland, Oregon

JLL announces that it has closed the $58 million sale and $37.7 million financing of Tupelo Alley, a mixed-use community with 188 apartments units and 10,000 square feet of retail in the heart of...

SVA Architects joins development team and Governor Ige for Phase II groundbreaking of Kulana...

On August 28, 2019, SVA Architects, Inc. will join Governor Ige and the development team of Kulana Hale to commemorate the Phase II groundbreaking of the affordable, mixed-use project. The three-acre, $130 million Kulana...

PCCP, LLC provides $268.4 million in financing for the acquisition of The Grace and...

PCCP, LLC announced today it has provided $268.4 million in financing for the acquisition of two newly-built, Class A high rise apartment towers located in downtown Los Angeles, CA. The two properties, known as...

Stepp Commercial completes $4.65 million sale of a value-add 20-unit apartment property in North...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.65 million sale of a value-add 20-unit apartment property located at 5075 Atlantic Avenue in north Long Beach. Principal...

Wood Partners announces groundbreaking of Alta Civic Station in Gresham, Oregon

Wood Partners, a national leader in multifamily real estate development and acquisition, recently broke ground on their newest luxury residential community – Alta Civic Station – in Gresham, Oregon. The new residential community is located...

Fore Property announces opening of The Revere in Portland, Oregon

Fore Property (‘Fore’), one of the country’s top 20 largest multifamily developers, today announced the formal opening of The Revere. An urban infill development located at 3309 N. Mississippi Street, The Revere offers an...

Stepp Commercial completes $4.44 million sale of 14-unit apartment property near downtown Culver City...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.44 million sale of a 14-unit apartment property located at 3240 Fay Avenue in Los Angeles. The asset...

Cityview appoints new managing director of capital raising and investor relations to its leadership...

Cityview, a premier multifamily investment management and development firm, today announced the addition of real estate professional Khalif Edwards as the firm’s managing director of capital raising and investor relations. With over 20 years...
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