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...
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 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...
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 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...
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 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 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...
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 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...
