|
• 23-Unit San Diego Apartment Property Sells for $79k/Unit
2/02/10
In a recent San Diego-area multifamily buy, Crown Acquisitions has acquired the Las Brisas Apartments, a 23-unit complex located at 811-831 South 47th St, just north of Logan Ave and east of I-805. The property sold for $1.81...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 90-Unit Irvine Workforce Housing Project Set to Open in February
2/01/10
The Arbor at Woodbury Apartment Homes, a new workforce housing development in Irvine, is slated to open to the public on February 11, 2010. Developed by Jamboree Housing Corporation and designed by KTGY Group Inc, The Arbor a...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Capstone Advisors Picks Up 101 Entitled Res Lots in Riverside County
1/29/10
Capstone Advisors closed out 2009 with the purchase of 101 entitled residential lots in the Riverside County city of Wildomar. The 41-acre, REO property is known as “Rancho Fortunado Estates” and is located at the southwester...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 34-Unit Valley Village Multifamily Property Sells for $3.9 Mil
1/27/10
A 34-unit apartment community located at 5629-5635 Laurel Canyon Blvd, in the Valley Village area of the San Fernando Valley, sold for $3.875 mil, or about $114k/unit. Assumable first and second trust deeds with PNC Multifami...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Hollywood Multifamily Property Sells for $5.5 Mil
1/26/10
A 36-unit apartment complex in Hollywood traded hands in a recent investment deal worth $5.475 mil ($152k/unit). The five-story property, Orange Towers Apartments, is located at 1757 North Orange Dr, north of Hollywood Blvd a...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Pair of Sacramento-Area Multifamily Assets for Close to $10 Mil
1/21/10
Here’s an update on a couple of recent NoCal multifamily investment deals in and around the Sacramento area, in Placerville and Rocklin. In the larger of the two, a California limited partnership out of Arcadia paid $5.8 mil...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Two SoCal Apartment Sales Total Up to $14 Mil
1/20/10
Windsong Villas, a 67-unit apartment complex in Escondido, sold for $7.7 mil ($114.9k/unit). The property is located at 1202-1214 North Broadway, east of I-15 and north of Lincoln Pkwy in San Diego.
Steve Huffman and Allen ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• SRG to Develop New Huntington Beach Retail/Multifamily Project
1/19/10
Here’s the scoop on plans for an interesting OC project from SARES•REGIS Group (SRG). The company has reached an agreement to lease and redevelop a former furniture showroom site in the city of Huntington Beach. The tentativ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NoHo Apartment Complex Trades for $200k/Unit in 1031 Exchange Buy
1/14/10
A 32-unit apartment complex in North Hollywood traded hands in a recent 1031 exchange transaction for $6.41 mil, or roughly $200k/unit. The property, “Terraces at Toluca”, was built in 1987 and is located at 10834 Blix St, no...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Salem, OR Multifamily Property Sells for Over $10 Mil
1/13/10
Orchard Park, a 224-unit, 210.8k sf Section 42 Low Income Housing Tax Credit (LIHTC) property in Salem, OR, recently traded hands in a $10.29 mil ($45.9k/unit) transaction. The property is located at 4100 Kacey Circle Northea...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Bernardino Apartment Complex Sells for over $21 Mil
1/12/10
Broadstone Serrano, a 254-unit apartment community in San Bernardino, sold for $21.25 mil ($83.7k/unit) in a recent acquisition. The low-density (14.3 units/acre), garden-style property is located at 1930 College Ave, north o...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• SoCal Multifamily Comps
1/11/10
MISSION VIEJO (Orange County) -- VinCal Senior Housing, a joint venture between Vintage Senior Housing and CalSTRS, purchased Paragon Gardens Assisted Living and Memory Care for $15.25 mil. Located at 27783 Center Dr, east of...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 175-Unit WA Multifamily Asset Sells for Close to $11 Mil
1/07/10
Summerwalk Apartments, a 175-unit garden-style multifamily community in Kent, WA, was acquired by a group of individuals based in the Northwest in a transaction valued at $10.85 mil, or $62k/unit. The property is located at 2...
|
• San Diego-Area Multifamily Comps
1/06/10
Here’s a quick look at three recent San Diego-area multifamily sales. Together, the transactions account for 111 units and roughly $10 mil in deal volume.
In the most recent sale, a Nevada City, CA-based investor paid $4.5 m...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 200-Unit Phoenix Apartment Property Sells for $10.9k/Unit
12/30/09
Camelback Vista, a 201-unit apartment community in Phoenix, was acquired by an El Paso, TX-based investor for $2.2 mil ($10.9k/unit) in a recent REO sale. The property is located at 2930 West Camelback Rd, a few blocks west o...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Changing Market Conditions Predicted to Push Up Prices of Condos Under $729k
12/29/09
While current forecasts about the direction of the real estate market vary tremendously, one Bay Area real estate pro predicts increased demand and limited supply will trigger price movement in at least one sector of the real...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CA Home Sales Up Almost 5% from Prior Year
12/28/09
California home sales increased 4.7 percent in November compared with the same period a year ago, while the median price of an existing home rose 5.8 percent, according to the latest data from the California Association of Re...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Newmark Arranges $5 Mil on Pair of NoHo Multifamily Properties
12/23/09
Newmark Realty Capital Inc has arranged $5.15 mil in permanent refi money on two North Hollywood apartment properties with a combined total of 81 units. One of the properties, Morrison Park Apartments, is a 41-unit building a...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investor Picks Up $9 Mil Note on SF Valley Multifamily Property
12/22/09
A private investor purchased the $9.25 mil note on a 51.7k sf multifamily property in the San Fernando Valley community of Reseda. The property is located at 18557 Saticoy St, two blocks west of Reseda Blvd. Built in 2008, th...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Pasadena Project Lands $36 Mil in New Financing
12/21/09
Newport Beach-based CT/KDF Community Development Partners LLC has closed $36 mil in new financing for the Raymond Renaissance project in Pasadena. Located at 121-129 N. Raymond Ave, in the heart of Downtown Pasadena at the c...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
