Waterscape Apartments Fairfield Opportunity Housing Group California Statewide Communities Development Authority Solano Blake Griggs Properties

Opportunity Housing Group & CSCDA Acquire Waterscape Apartments in Fairfield for $70MM

Fairfield, CA (Sept. 16, 2021) -- Opportunity Housing Group (OHG), a Danville CA-based company creating workforce housing for Californians, today announced the $70 million ($388,889 per unit) acquisition of...
Berding & Weil, Champlain Towers South, Florida, NIST

​​The Champlain Towers Collapse: The Fight for Justice—How will that Look?

By Tyler Berding, Founding Partner of Berding & Weil, LLP On June 24, 2021, at 1:25 in the morning, half of the twelve-story Champlain Towers South Condominium complex collapsed without...
Oregon Public Employees Retirement Fund, Portland, Seattle, Southern California, Northern California, AEW Essential Housing Fund

Oregon Pension Fund Allocates $250MM into AEW Essential Housing Fund with West Coast Investment...

By Jon Peterson Demand for housing is likely not going to contract in the near to mid-term across the major employment centers across the United States. As a result, a number...
Irvine Company, Cherry Tree Capital Partners, The Resort at Pelican Hill, Orange County, Los Angeles, San Diego, Newport

Q&A: Former Irvine Company Apartment Division President Chris Marsh Launches Cherry Tree Capital Partners

By Catherine Sweeney  After serving the Irvine Company’s Apartment Development Division for nearly a decade, Chris Marsh has announced plans to launch Cherry Tree Capital Partners, a multi family-focused real...
JB Matteson Northmarq

JB Matteson Completes $132MM in Refinancing of Six Multifamily Properties In California & Washington

SAN FRANCISCO, CALIFORNIA (September 13, 2021) – Dennis Williams, senior vice president/managing director and Tom Wight, vice president of NorthMarq’s San Francisco office collaborated to arrange $132 million in total financing for...
Security Properties, Intercontinental Real Estate Corporation, Broadleaf Apartments, Sacramento

Intercontinental Real Estate & Security Properties Buy 244-Unit Sacramento Multifamily Community for $87.5MM

(EDITOR’S NOTE: According to sources with knowledge of transaction detail, the property sold for $87.5 million, or $358,606 per unit.) Boston (September 8, 2021) – Intercontinental Real Estate Corporation (“Intercontinental”)...
The True Life Companies, Homes Built for America, SoMi, Hayward, Hillwood, Madison Realty Capital

The True Life Cos. to Build 189 Townhomes and Condos in Hayward

SoMi will break ground in October of 2021 HAYWARD, Calif. (September 8, 2021) — The True Life Companies (TTLC), a real estate firm focused on repurposing underutilized properties to create...
Calvera, San Francisco, The Calvera Multifamily Transformation Fund, Terrace Cove, Villages of Chaple Hill

Calvera Closes $31.6MM U.S. Multifamily Value-Add Investment Fund

San Francisco -- Calvera Partners, a national real estate investor and operator, is pleased to announce the closing of its latest multifamily value-add investment fund, The Calvera Multifamily Transformation...
Burlingame San Francisco Bay Area Peninsula Millbrae Marcus & Millichap San Francisco International Airport SFO

Development Site in Burlingame up for Sale with $11MM Asking Price

By Jon Peterson Across the Bay Area, redevelopment sites can at times be one of the major reasons more housing is difficult to build. But one private investor based on...
Riaz Capital, Z Hotel, Oakland, 233 Broadway, Jack London Square, Ozone III Fund

Riaz Capital Spends $18.15MM for Oakland Hotel, Planning Workforce Housing

OAKLAND, CALIF. – Riaz Capital, a fully integrated development, construction and property management company, has acquired the Z Hotel in Oakland and will transform the 102-door hotel into workforce housing apartments with added density as part of the company’s innovative approach to...

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