DB&R Marketing Communications

Kenny Stevens of Concord Real Estate Services has brokered the off-market sale of Mira Vista Apartments, a 64-unit multifamily community in Atascadero, CA in a transaction valued at $10.425 million.

This is the second investment for TruAmerica with MSD Capital L.P.

TruAmerica Multifamily has announced that Senior Managing Director Noah E. Hochman has been named to lead the firm's newly created capital markets group, and Senior Managing Director Greg Campbell will head the firm's national acquisition team.

Full-service real estate company Concord Real Estate Services has acquired Prosser Stevens Real Estate Investments, a 12-person multifamily investment sales team based in Santa Monica, CA, announced Concord CEO and founder Reuben Robin.

CapRidge Partners has acquired Lakewood on the Park, a 180,558-square-foot suburban office campus in Austin's Northwest submarket from Equity Commonwealth.

Sonnenblick-Eichner Company announced today that it has arranged $38 million of first mortgage leasehold financing for Marina del Rey Hotel, a 164-room, full-service, luxury boutique hotel located on the water in Marina del Rey, CA.

Quantum Capital Partners (Quantum) has secured $16.9 million  in long-term debt to refinance the Hawthorne Xchange, a 63,837-square-foot neighborhood shopping center in Hawthorne, CA.

TruAmerica Multifamily and an affiliate of Berkshire Group have acquired Career Lofts, a newly constructed 142-unit Class A apartment community in Laguna Niguel, CA in an off-market transaction.

In one of the largest apartment transactions this year in Phoenix, TruAmerica Multifamily and institutional capital partner Investcorp have acquired Little Cottonwoods, a 379-unit multifamily community in Tempe for $56.7 million.

TruAmerica Multifamily, in partnership with MSD Capital, L.P., has expanded its geographical footprint to the East Coast with the acquisition of a 1,004-unit apartment portfolio in suburban Baltimore, MD, in an off-market transaction valued at $187...