The Martin Group, STARS REI Acquire 91-Unit Anton Edge in Oakland for $47MM
(Editor's Note: The price for Anton Edge was $47 million, or approximately $516,000 per unit, according to a report from the San Francisco Business Times.)
OAKLAND, Calif., Jan. 03, 2023...
Avanath Capital Management Buys 297-Unit Novato Portfolio for $131.5MM
NOVATO, Calif., (January 4, 2023) – Avanath Capital Management, LLC, a private real estate investment manager, announces the acquisition of the Novato Portfolio, comprising two LIHTC rental apartment properties...
Three Pillar Communities Refinances Two West Coast Mobile Home Communities for $15MM
SAN FRANCISCO, Dec. 20, 2022 – JLL Capital Markets announced today that it has secured refinancing for two of Three Pillar Communities’ West Coast mobile home communities. This includes...
The John Stewart Companies Secures $16.3MM Construction Financing for 129-Unit Affordable Housing Project in...
Los Angeles – JLL Capital Markets announced today that it has arranged the $16.333 million construction financing of The Cannery at Railroad Square, a 129-unit affordable housing project located...
Redfin Reports Home Sales Slumped 35% in November, the Biggest Decline on Record
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be creeping back as rates reverse course
SEATTLE--...
Three Housing Projects Approved by San Jose City Officials to Bring Hundreds of Apartments...
By Kate Snyder
Three projects that are slated to bring hundreds of homes to San Jose were recently approved in a San Jose Planning Director’s Hearing. In each proposal, the...
60-Unit Victoria Park in Fremont Sold for $27MM
Fremont, Calif., (December 20, 2022) – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real...
Tesseract Capital Group Buys 104-Unit Sierra Park Townhomes in Sacramento for $24.7MM
Sacramento – December 19, 2022 – CBRE has arranged the $24.7 million sale of Sierra Park, a 104-unit townhome community in the North Highlands submarket of Sacramento.
Marc Ross with...
Wood Partners Opens Doors to 372-Unit Alta Star Harbor in Alameda
ALAMEDA, Calif., Dec. 15, 2022 -- Leading multifamily real estate developer Wood Partners announced today the official grand opening of its most recent luxury residential community, Alta Star Harbor,...
Charities Housing Moves Forward with 108-Unit Affordable Housing Project in Santa Clara
By Kate Snyder
As more communities are looking for ways to address the need for affordable housing, one project planned for Santa Clara aims to make a dent in the...
