We're pleased to announce that BCE has expanded its Northern California footprint with the acquisition of Vue Fremont, a 134-unit community in the West Fremont submarket.
Built in 1986, the property combines low-density living with close proximity to leading employers and retail amenities, including the Fremont Hub, Tesla, and Kaiser Permanente. Its central location offers immediate connectivity to Interstates 880 and 680, linking residents to the region's robust technology and healthcare sectors.
BCE plans to elevate the community through a thoughtful renovation of unit interiors and common areas, including the fitness center and pool. This acquisition builds on our strategy of investing in high-quality communities within the region's strongest job markets.
We're excited to announce that BCE has expanded into Oregon with the acquisition of Oak Hill Apartments, a 164-unit community in the desirable Oak Hills submarket of Portland.
Built in 1991, Oak Hill offers residents a prime location within Washington County, surrounded by top-rated schools and major employment hubs including Intel's R&D campus, Nike World Headquarters, and Providence St. Vincent Medical Center. Acquired off-market, Oak Hill marks BCE's first investment in the state of Oregon and strengthens our footprint across the Pacific Northwest. The business plan focuses on renovating classic units and reactivating underutilized outdoor spaces to elevate the resident experience and drive long-term value creation.
We're pleased to announce that BCE has expanded its Pacific Northwest footprint with the off market acquisition of Tessera Apartments, a 156-unit community in the Silver Lake submarket of Everett, WA.
Built in 1980, Tessera combines spacious layouts with close proximity to leading employers and retail amenities, including Boeing, Providence Regional Medical Center, Naval Station Everett, and the Everett Mall redevelopment. BCE's business plan includes upgrading 100% of the units and converting unused storage areas into new Accessory Dwelling Units (ADUs), enhancing both livability and long-term value creation. This acquisition further advances BCE's regional expansion and reinforces our focus on high-quality, well-located workforce housing across the Western US.
Benedict Canyon Equities is proud to announce the off-market acquisition of The Lodge at Madrona, a 465-unit garden-style community located in Tacoma, Washington and a key milestone in our ongoing expansion in the state.
The Lodge at Madrona presents an opportunity for BCE to enhance the community through thoughtful capital and operational improvements. Additionally, the city's strategic location, coupled with excellent transportation networks and a bustling port, makes it a highly sought-after destination for economic growth and development.
Benedict Canyon Equities is pleased to announce the successful sale of Marlow Apartments, a well-positioned multifamily community in Henderson, NV.
This transaction marks another milestone in our commitment to delivering strong results for our investors while enhancing the communities in which we invest. Marlow's strategic location and value-add potential made it a compelling asset, and we are proud of the execution by our team and partners.
Benedict Canyon Equities has closed escrow on Prosper 89, an 89-unit boutique apartment community built in 2023 in las Vegas, Nevada.
Newly constructed in 2023, Prosper 89 provides critical workforce housing to the growing Las Vegas market. The property is located in the burgeoning southwest submarket of Las Vegas and is proximate to the state's major employment centers including the growing Haas Automation factory, Las Vegas Raiders Corporate headquarters,
Amazon delivery and fulfillment centers, and the Las Vegas hospitality and casino industri es. Residents at the property benefit from easy access to an impressive array of retail, dining, recreational, and entertainment options nearby.
Prosper 89 marks BCE's 11th acquisition in the Las Vegas market and its 17th acquisition in the state of Nevada.
BCE Acquires Prosper 89 in Las Vegas, Nevada
Benedict Canyon Equities (“BCE”) has closed escrow on Prosper 89, an 89-unit boutique apartment community built in 2023 in Las Vegas, Nevada.
Newly constructed in 2023, Prosper 89 provides critical workforce housing to the growing Las Vegas market. The property is situated on 4.28 acres and features three 3-story walk up buildings and three 2-story carriage house buildings with access to ground-floor garages. The property boasts upscale community amenities including a resident clubhouse with a coffee bar, pool & spa, fitness center, dog park, and rentable detached garages and carports. All unit interiors are equipped with quartz countertops, undermount sinks, central AC, in-unit washer & dryer, and 9-foot ceilings.
Located in the burgeoning southwest submarket of Las Vegas, Prosper 89 is proximate to the state’s major employment centers including the growing Haas Automation factory, Las Vegas Raiders Corporate headquarters, Amazon delivery and fulfillment centers, and the Las Vegas hospitality and casino industries. Residents at the property benefit from easy access to an impressive array of retail, dining, recreational, and entertainment options nearby.
BCE leveraged its deep sourcing relationships, market knowledge, and rigorous diligence to procure Prosper 89 off-market, preempting the seller’s marketing process. Prosper 89 marks BCE’s 11th acquisition in the Las Vegas market and its 17th acquisition in the state of Nevada.
Master-Planned Community Opens on Ventura Harbor’s North Side
Ventura Mayor Joe Schroeder, along with city and county officials, recently celebrated the completion of Portside Ventura Harbor, a 300-residence, master-planned community that brings much needed residential, retail and vibrancy to Ventura Harbor’s long-vacant North Side. Under development since December 2016, the transformational project delivers a modern waterfront destination, completing the vision for a fully activated harbor for all of Ventura County.
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