multifamily
Linc Housing Bets on Its Own Backyard, Filing Plans for 109-Home, 145,000 SQFT Affordable Tower at 3590 Elm Ave. in Long Beach
Long Beach-based developer Linc Housing has filed plans to demolish its own headquarters north of the 405 Freeway and replace it with a...
Pacific Urban Investors Buys 398-Unit Next on Sixth in Koreatown for $139MM, a $50MM Discount to 2019 Price
Pacific Urban Investors has acquired Next on Sixth, a 398-unit Koreatown apartment tower with a ground-floor Target, paying $139 million to a merger-bound...
Grosvenor Lists 72-Unit Condo-Mapped Glen Arbor Villas in LA’s Century City as British Dynasty Retreats from U.S.
Grosvenor has placed its condominium-mapped Glen Arbor Villas apartment complex in Century City on the market, extending a coast-to-coast retreat that has the...
Crescent Heights Lands $210MM Centerbridge Loan to Sell Out 349-Condo Skyline OC in Santa Ana
Crescent Heights has secured a $210 million condominium inventory loan from Centerbridge Partners to bankroll the sell-out of Skyline OC, a twin-tower Santa...
Cityview and Stockbridge Open 265-Unit Apollo in Gardena, Betting on the South Bay’s Aerospace Boom
Cityview and Stockbridge have delivered Apollo, a 265-unit apartment community in Gardena positioned within five miles of more than 260,000 jobs and minutes...
C&C Development Opens 60-Unit Cartwright Family Apartments in Irvine, Fully Leased at Debut
C&C Development and the City of Irvine have opened Cartwright Family Apartments, a 60-unit income-restricted community in the Irvine Business Complex that filled...
Irvine Company Buys Shuttered 1.26-Acre Newport Beach Car Wash for $32.5MM to Feed 600-Unit Newport Center Housing Push
The Irvine Company has acquired the shuttered, 51-year-old Newport Beach Car Wash near Fashion Island for $32.5 million, folding a 1.26-acre parcel into...
CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates
A one-month improvement in April proved fleeting as CRED iQ’s combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...
New Century Development Files Plans for 82-Unit Apartment Building at 402 Atlantic Ave. in Downtown Long Beach
New Century Development has filed an application to replace a long-shuttered Downtown Long Beach service station with a seven-story, 82-unit apartment building, adding...
AJ Watt Sells 226-Unit Collection at Baldwin Multifamily Portfolio in Los Angeles for $33.04MM
A scattered-site apartment portfolio in the Baldwin Hills area of Los Angeles changed hands for $33.04 million in a deal that required nearly...
Angeleno Targets Vacant Valley Village Lot for Six-Story, 95-Unit Affordable Housing Play
A development affiliate of Los Angeles affordable housing specialist Angeleno has filed plans to replace a long-idle Valley Village lot, once earmarked for...
Huntington Beach Adopts Court-Ordered Housing Element Zoning for 13,000 Units After $170,000 in Fines
After exhausting its appeals at the state and federal level and watching the meter run on monthly penalties, the Huntington Beach City Council...
