Pacific region

The Mogharebi Group (TMG), on behalf of ROEM Development, has arranged the $41.25 million sale of a two-property, 118-unit senior affordable housing portfolio in San Jose, Calif. Built in 2001 and 2003 by ROEM, Monte...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Tanara Villa, a 130-unit multifamily asset in Tacoma, Washington. The property...

Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has announced its acquisition of The Nash, a 180-unit multifamily community in the Portland metro submarket of Gresham, Oregon,...

JLL Capital Markets announced that it has arranged the $24.64 million acquisition financing for Stonegate Riverside, a 160-unit, 1987 vintage, value-add, garden-style multihousing community in Riverside, California. JLL represented the borrower, Universe Holdings, to secure the...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pointe East Apartment Homes, a 124-unit multifamily asset in Fife, Washington. The property traded for $31.75 million, which equates...

Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million. Built in 1986, The Lexington...

Universe Holdings has acquired the Stonegate Apartments (Stonegate), a 160-unit multifamily community in Southern California’s Inland Empire city of Riverside, in an off-market transaction worth $53.370 million. Built in 1987, Stonegate offers a mix of...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Stonegate Apartments, a 160-unit multifamily asset in Riverside, California. “With average rents in the Riverside submarket projected to grow 7.9 percent...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has recapitalized a multifamily portfolio in the greater metropolitan area of Portland, Oregon, in...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real estate investments, has successfully completed the following transactions: An 8-unit multifamily...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Addison Arms Apartments, a 57-unit apartment building in the Sherman Oaks neighborhood of Los Angeles, California. The property sold for...

MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eleanor, a newly constructed, 333-unit Class A multifamily asset, including over 10,500 square feet of retail space. The property is...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cedar Rim, a 104-unit multifamily asset in Newcastle, Washington. The $53 million sales price equates to $509,615 per unit. “Overlooking Lake...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodbrook, a 100-unit apartment property in Everett, Washington. The property sold for $31.3 million, which represents $312,750 per unit. “Located in...