REDMOND, WA—Comples includes 290 independent living apartment and cottage-style private residential units, 56 assisted living studio units (including 16 memory care units), and a 61-bed licensed skilled nursing center.
SACRAMENTO and LA MESA, CA—Los Angeles-based real estate investment company, acquired a 21-unit multifamily property in La Mesa, CA and a 57, 254 square foot shopping center in Visalia, CA. Company has generated over the past year with eight acquisitions and renovations along with five dispositions.
SAN FRANCISCO—Affordable Housing Program (AHP) grants in from 2012 will support 72 projects in 11 states. Rep. Brad announced the grants and received the FHLBank San Francisco's prestigious "Friend of Affordable Housing Award" during a ceremony in Canoga Park.
LAS VEGAS—San Diego-based firm taps multifamily pro Kathy Relyea to lead office. First property is Boulder Palms Senior Apartments, a 183-unit, 84,084-square-foot residential community on 4.02 acres.
NEW CANEY, TX—Construction could begin in October on the theme park with the goal of a grand opening in March 2015, according to a report in the Houston Chronicle. Restaurants and hotels expected to follow in time.
TACOMA, WA—New, 38,000-square-foot building in Auburn, is part of the organization's ongoing growth plans. Franciscan Will lease 21,000 square feet from Auburn-based Latitude Development, which began construction on the two-story, mixed-use building this week.
MANHATTAN BEACH, CA—1.82 million-square-foot Highland Fairview-SKECHERS facility in California's Inland Empire is recognized for environmentally-friendly design.
SAN FRANCISCO—Bush Street office will be home for the 19 or so employees of HotPads, a map-based rental and real estate search site Zillow bought last year for $16 million.