RentCafe, Yardi Matrix, Los Angeles, San Jose, San Diego, East Village, Orange County, Inland Empire

Report: California Neighborhoods Continue to Attract Multifamily Developers

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By Catherine Sweeney  Across many of the nation’s largest cities, multifamily properties continue to be a favored asset among developers, with approximately 1.6 million rentals built in the past five...
Yardi Matrix, Property Shark, San Francisco, Los Angeles, Medina, Atherton

California Claims 70 Percent of Nation’s Priciest Zip Codes

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By Meghan Hall The West Coast has become an increasingly expensive place to live over the years, and high home prices that once seemed to be found only in  places...
Tricon Residential, Homebuilder Direct JV, THPAS-JV1, Sacramento, Inland Empire

Tricon Announces Plans to Deliver Over 3,000 New Build to-Rent Homes Across 23 Communities...

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Toronto, Ontario – November 23, 2021 - Tricon Residential Inc. (TSX and NYSE: TCN) ("Tricon" or the  "Company"), an owner and operator of single-family rental homes and multi-family rental...
Graceada Partners, Westlake Apartments, Sacramento, Newmark

Graceada Partners Sells Sacramento Apartment Community for $38MM

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(EDITOR’S NOTE: The property traded for about $256,756 per unit.) Sacramento, CA (November 23, 2021) — Newmark announces it has arranged the sale of Westlake Apartments, a 148-unit multifamily property...
Palmia at Mission Falls Fremont Legacy Partners SCS Development Bay Area

Legacy Partners & SCS Development Open 171-Unit 55+ Community In Fremont

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FREMONT, Calif. (November 22, 2021) – Legacy Partners (“Legacy”), a privately-held national real estate firm, and Bay Area real estate development firm SCS Development, today announced the opening of...
Hayward, Lowney Architecture, Cahill Contractors, Allied Housing, Abode Services Depot Community Apartments

125-Unit Depot Community Apartments Break Ground in Hayward to Deliver Permanent Supportive Housing Development

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City of Hayward’s first new all-electric affordable apartments underway HAYWARD, Calif: Nov. 16, 2021: The project partnership of Lowney Architecture, a multidisciplinary architecture and planning firm, Cahill Contractors and Allied Housing, the...
Highland Realty Capital, Berkeley, The Den

Highland Arranges $30MM for Berkeley Student Housing Property

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Deal Highlights: THE DEN, 2510 Channing Way, Berkeley, CA 94704$27,000,000 Cash-Out Refi Perm Debt 160-Bed / 40-Unit Mixed-Use Student Housing Property in Berkeley, CA Highland Realty Capital has arranged $27M Cash-Out Refi Perm Debt for THE...
Essex, Rexford/Woodstream Apartment Homes, 3400 County Drive, Rexford Apartments, Fremont

Essex Property Trust Buys Fremont Apartment Complex for $112.5MM

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By Meghan Hall After seeing “significant” growth during the third quarter, Essex Property Trust is continuing to follow-through on its belief in West Coast markets, including the Bay Area. In...
CBRE, Seattle, San Francisco, Los Angeles, San Diego

Essex Property Trust Reports Robust Recovery in West Coast Markets

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By Catherine Sweeney  As the multifamily sector continues to see improved market fundamentals, Essex Property Trust remains bullish for the future of its West Coast markets. According to a recently...
Transwestern, Mews at Dixon Farms, Dixon, Sacramento, Ridge Capital Investors LLC

95-Unit Multifamily Community Sells for $23.9MM Near Sacramento

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(EDITOR’S NOTE: According to public records, the seller of the asset was an entity affiliated with Folsom-based FPI Management Inc.) Property Offers Significant Upside Opportunity for New Owner SACRAMENTO, CALIF. –...

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