3+ day, 18+ hour ago   (468+ words) Yield PRO Waterton, a national real estate investor and operator, announced it has acquired Reserve at Chino Hills, a 482-unit rental community in Chino Hills, CA. The 20-acre garden style community at 4200 Village Dr. comprises 46 residential buildings and a clubhouse....

3+ day, 21+ hour ago   (96+ words) yieldpro.com BWE, a national commercial and multifamily mortgage banking company, announced today that it has secured two loans totaling $71 million for the financing of 536 multifamily units in Las Vegas, Nevada. BWE stands as a national, full-service commercial and multifamily…...

3+ day, 21+ hour ago   (222+ words) Essex Three-Twelve Closes Renovated Bucktown Six-Unit for $2.665M yieldpro.com Essex Three-Twelve is pleased to announce the successful sale of 2028–2030 N. Oakley Ave., a recently renovated six-unit multifamily property in Chicago’s Bucktown neighborhood. The property sold for $2,665,000, with Essex Three-Twelve Managing…...

4+ day, 22+ hour ago   (176+ words) Community partners and public- and private- sector stakeholders came together yesterday to celebrate the Grand Opening of MidPen Housing’s Jessie Street Terrace in Santa Cruz. “Jessie Street Terrace demonstrates the transformative impact of state investment in affordable housing,” said Matthew…...

4+ day, 22+ hour ago   (229+ words) Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of two multifamily properties at 947 4th St. and 914 5th St. in Santa Monica, California. Each property sold for more than…...

1+ week, 3+ day ago   (374+ words) Tishman Speyer acquired the 340,000-square-foot residential property on behalf of its TS Plus fund. The purchase was financed in part by an $88 million loan through Freddie Mac. Completed in 2020 and currently 95 percent leased, Rise offers luxury apartments ranging from studios…...

1+ week, 5+ day ago   (204+ words) Northmarq‘s Walnut Creek Investment Sales team led by Zach LeBeouf and Anthony Pappageorge successfully brokered the $23.5 million sale of the Ukiah Portfolio, a 121-unit two-property multifamily portfolio comprising two apartment communities in Ukiah, California. The portfolio consists of Sierra…...

1+ week, 6+ day ago   (169+ words) Yield PRO Waterford Property Company has begun construction on a 75-unit affordable housing community in the Santa Clara County city of Milpitas. The project is being financed with 4% low-income tax credits and private activity bonds and is set for completion…...

2+ week, 1+ day ago   (75+ words) Yield PRO The Bascom Group, LLC has completed an $8.5-million refinancing of The Charleston Apartments, a 133-unit historic multifamily community located in the Westlake neighborhood of Los Angeles. Michael Derk, Daizy Gomez, Linsey Farrahi and Zack Metzner of Marcus & Millichap…...

2+ week, 1+ day ago   (193+ words) Yield PRO BCT Development, a joint venture between Bain Capital Real Estate and Cherry Tree Development, has received a $74.7 million senior construction loan to build a 180-unit townhome community in Riverside, Calif. A partnership between Canyon Partners Real Estate and…...