Multifamily

The two asset classes are becoming more and more intertwined as multifamily owners adopt more amenities and services.

SVA Architects is behind some of the most noteworthy apartment and community center designs in Southern California. The architecture firm has won four…

Tower 16 Capital Partners, a San Diego-based investor, has acquired the District at Grand Terrace in Colton for $63 million in an off-market transaction…

The mixed-use district will eventually span 24 acres along W. Dallas Street between historic College Memorial Park Cemetery and Waugh Drive, with phase two featuring a multifamily project and retail.

“While the company continues to believe that an amicable resolution of Bow Street's expensive and disruptive proxy contest would be in the best interests of the company and its stockholders, in these circumstances, the company had no choice but to terminate settlement discussions with Bow Street,” Mack-Cali Realty states.

"We may see commercial real estate prices rise for the next year, but I expect them to even out in 2020."

The Livingston, NJ-based firm reports that in the past 12 weeks it has arranged 11 urban-core sales totaling more than $36.85 million that involved more than 226 units spanning Elizabeth, East Orange and Orange markets.

David Woodbury will focus on acquisition, development and asset management for the multifamily and office investment firm.