New housing community breaks ground in Albuquerque
Bedrock will feature 202 townhomes and 142 single-family homes.
Source: krqe.com
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Who's Who in Real Estate - Los Angeles Business Journal
During the first half of the year multifamily properties in Southern California saw both vacancy and asking rents rise. Still, developers were active, with tens of thousands of units under construction in the region, according to a report from Northmarq. This Special Report talks to 12 multifamily experts, including both developers and brokers, about the state of L.A.’s multifamily market.
Source: labusinessjournal.com
Los Feliz Asset Receives $90 Million Loan - Los Angeles Business Journal
A joint venture of Century City-based LaTerra Development and New York-based Clarion Partners has received $90 million in financing for The Louise, a mixed-use project in Los Feliz. The newly constructed project has 246 residential units and 20,487 square feet of ground-floor retail.
Source: labusinessjournal.com
Clarion Partners JV Lands $90M for LA Luxury Community
Clarion Partners and LaTerra Development secured a $90 million loan from PGIM Real Estate for The Louise, a luxury community in Los Angeles.
Source: multihousingnews.com
PGIM Provides $144M for LA Multifamily Projects
LaTerra Development secured $143.5 million in combined bridge debt for a pair of newly constructed multifamily projects in Los Angeles.
Source: commercialobserver.com