Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
In a rare transaction, Los Angeles investors have purchased an apartment building in Westwood near UCLA for $21.5 million. New owners Cohen & Associates and Highroad Realty & Management said they plan to upgrade the 60-unit complex at the northeast corner of...
LOS ANGELES -- Cohen & Associates and Highroad Realty & Management have teamed up to acquire a 60-unit apartment building at 886 Hilgard Avenue in West Los Angeles for $21.5 million. Tony Azzi and George Azzi of Marcus & Millichap represented the buyer and...
The owners of a broken Downtown condo project are turning it into rental after snagging a five-year refi deal. LA-based Cohen & Associates CEO Gidi Cohen convinced Prudential Mortgage to take a chance on a $10M refi loan for the multifamily portion of Renaissance...
Los Angeles and Atlanta – Cohen & Associates, a Los Angeles-based real estate investment firm, has refinanced the multifamily portion of a six-year-old, mixed used development in Downtown Atlanta’s Historic Auburn Avenue District with a $10 million loan from...
As the economy continues to improve, so too does the national housing market. New housing starts are up dramatically from the record lows set in 2011. According to Commerce Department statistics, there are more residential units, primarily apartments, being built than...
Homebuilder confidence in the U.S. rose more than forecast in July to the highest since January 2006 as companies grew more upbeat about sales prospects. The National Association of Home Builders/Wells Fargo index of builder sentiment climbed to 57 this month from a...
Is the housing recovery for real? It looks that way, as a key measure of home builder confidence crossed a major threshold Monday. The National Association of Home Builders' index hit 52 in June, marking the first time it has been above 50 in seven years. A reading...
DOWNTOWN LOS ANGELES - From parks and schools to apartment buildings and office high-rises, two documents — the city Zoning Code and neighborhood-specific Community Plans — regulate every detail of what can and cannot be built in the city. The problem is, both...
The housing rebound is broadening to other parts of the U.S. economy and will likely lend impetus to growth through 2013 and beyond. Climbing home prices are lifting household wealth and boosting the purchasing power of consumers. Declining mortgage delinquencies and...
Multifamily mortgage originations grew 49% over last year during the fourth quarter as commercial originations overall soared above 2011 levels, the Mortgage Bankers Association said in a new report Monday. The jump in originations occurred as low interest rates...