The Registry

SummerHill Homes Buys Los Gatos Lodge for $78.4MM with Plans for 155-Unit Residential Development - https://lnkd.in/gNaDDAxS By The Registry Staff SummerHill Homes continues to move forward on its plans for a new residential development that would replace the iconic Los Gatos Lodge. According to industry reports, SummerHill Homes has purchased the historic asset in Los Gatos for $78.4 million, or approximately $607,000 per room. The seller was an entity affiliated with […]

58-Unit Venice Beach Multifamily Property Sells for $13.3MM - https://lnkd.in/gkh2GNx7 Residential building at 15 Paloma Ave closes at $229,310 per unit, below February asking price The Los Angeles multifamily market continues to demonstrate pricing challenges as a 58-unit apartment building in Venice Beach completed its sale on Sept. 30 for $13.3 million, or about $229,310 per unit, according to public records. The transaction represents a […]

Phillips Edison & Company Buys 200,000 SQFT Retail Property in Milton for $41MM - https://lnkd.in/gexx73Dg By The Registry Staff Several retail properties in Milton have traded hands. The buyer was an entity affiliated with Phillips Edison & Company, Inc., and the seller was an entity affiliated with Tourmaline Capital, according to Pierce County public records. The sales price was $41 million, or about $205 per square foot. Industry reports show […]

Santa Ana’s $8.5MM Bet on Intergenerational Supportive Housing - https://lnkd.in/gY_QfnEp A first-of-its-kind campus aims to tackle youth and senior homelessness with a multigenerational approach As construction wraps up on a two-story residential complex in Santa Ana, Orange County is about to get its first intergenerational permanent supportive housing development—a model that brings together two of the fastest-growing homeless demographics under one roof. The Richard Lehn […]

Puget Sound Industrial Real Estate Market Slows in Q3 as Vacancy Climbs to 8.2% - https://lnkd.in/gEb-zBdj Major deals include BGO’s $176 million acquisition and Terreno’s $323 per square foot purchase as region adapts to cooling demand The Puget Sound’s industrial real estate market is entering a new phase of restraint, with stakeholders across the sector—from developers to tenants—taking a more measured approach as conditions stabilize after years of rapid expansion. According […]

Home Builder Confidence Climbs in October as Mortgage Rates Ease to 6.3% - https://lnkd.in/gpBBrUz7 NAHB index rises five points in October, with future sales expectations seeing the largest jump since January The residential construction industry is showing signs of cautious optimism as falling mortgage rates begin to ease the affordability pressures that have weighed on homebuilders for nearly two years. The National Association of Home Builders Housing Market Index […]

Home Builder Confidence Climbs in October as Mortgage Rates Ease to 6.3% - https://lnkd.in/gJub8Bvc NAHB index rises five points in October, with future sales expectations seeing the largest jump since January The residential construction industry is showing signs of cautious optimism as falling mortgage rates begin to ease the affordability pressures that have weighed on homebuilders for nearly two years. The National Association of Home Builders Housing Market Index […]

Home Builder Confidence Climbs in October as Mortgage Rates Ease to 6.3% - https://lnkd.in/gR2bS6Yk NAHB index rises five points in October, with future sales expectations seeing the largest jump since January The residential construction industry is showing signs of cautious optimism as falling mortgage rates begin to ease the affordability pressures that have weighed on homebuilders for nearly two years. The National Association of Home Builders Housing Market Index […]

Nuveen Lists for Sale 165-Unit Camarillo Apartment Complex After Eight Years of Ownership - https://lnkd.in/ddnKfsAF Investment firm lists $59.5MM acquisition from 2017, with Newmark marketing property in high-barrier coastal submarket Southern California’s multifamily market continues to attract institutional attention, even as investors weigh exit strategies in markets where new development faces regulatory hurdles. Nuveen has listed its 165-unit Allure at Camarillo apartment community for sale, marking the end of an […]

LA County Approves $35.5MM for Six Affordable Housing Projects - https://lnkd.in/dVusksGn Major funding allocation targets homeless with mental illness and low-income families across multiple communities The Los Angeles County Development Authority is recommending that the Board of Commissioners approve loans totaling up to $35.5 million to fund six affordable multifamily rental housing developments, a move that would add 529 housing units to the county’s struggling affordable […]