|
West LA Apartment Property Sells for $4 Mil 6/03/11 An LA investment entity paid $4.1 mil for a 16-unit ($256k/unit) apartment community located at 1946 Overland Ave in West Los Angeles. The property, near the major cross street of Santa Monica Blvd, is situated just minutes f...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
BH Properties Spends $10 Mil on Third AZ 6/02/11 BH Properties has acquired Biltmore on the Lake Apartments, a 420-unit garden-style apartment community in Phoenix. Located at 11050 North Biltmore Dr, within Phoenix’ Sunnyslope submarket, the property sold for $10 mil ($23....
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Investor Pays Over $3 Mil for 177 Unfinished Res Lots in Phoenix Area 6/01/11 In an Arizona residential development sale, 177 partially finished lots located on 62.75 acres within the master-planned subdivision of Artesa in the Phoenix area, were purchased for $3.18 mil. The property is located just so...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Kennedy Wilson Venture Spends $140 Mil on Largest Multifamily Property in the East Bay 6/01/11 A real estate partnership that includes Beverly Hills-based Kennedy Wilson has acquired Bella Vista at Hilltop, a 1,008-unit multifamily community in the East Bay city of San Pablo. The seller was GMH Capital Partners, out of...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
MacFarlane Partners Acquires San Francisco Development Site 5/31/11 MacFarlane Partners has acquired a development site at 1844 Market St in San Francisco on which it intends to construct an eight-story multifamily residential building. The company acquired a non-performing note secured by th...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Security Properties Obtains $18 Mil in Financing on WA Apartment Community 5/27/11 Security Properties Inc obtained an $18.15 mil permanent loan secured by Edgewood Park, a 195-unit garden-style apartment community located in Bellevue, Washington. The loan was provided by Walker & Dunlop LLC, led by Jay Tho...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Pair of AZ Apartment Sales Total Up to $10 Mil 5/26/11 Cedar Creek, a 144-unit apartment complex in Glendale, AZ, sold for $3.85 mil ($26.7k/unit). Constructed in 1984, the property is located at 5039 North 57th Ave.
Cedar Creek features 48 one-bedroom and 96 two-bedroom units....
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
San Francisco Apartment Sells for Over Asking 5/25/11 A 30-unit apartment building in San Francisco sold for $4.75 mil, well above its original listing price. Built in 1928, the property is located at 230 Central Ave, in the Haight Ashbury district.
The 1920s-era building has a...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Phoenix, Denver and Portland Among Cities to Receive HUD Funds to Revitalize Distressed Housing Developments 5/25/11 U.S. Housing and Urban Development Secretary Shaun Donovan has awarded $152.7 mil to help eight cities across the country transform severely distressed public housing developments into mixed-income communities. The cities rec...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
PCCP Dublin the Fun by Partnering with Signature Development Group in NoCal Res Buy 5/24/11 Tralee Village, a nearly complete Class A apartment project in Dublin, was purchased PCCP LP in a venture with Signature Development Group. Once complete, the high-end, condominium-quality Bay Area apartment community will co...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Pathfinder Finds its Way with Parker, CO Acquisition 5/23/11 San Diego-based Pathfinder Partners LLC has acquired 20 units in Hunter’s Chase, a condominium project in Parker, Colorado, a historic town 19 miles southeast of downtown Denver. Bringing a long-stalled property back on the ...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
New West LA Multifamily Project is Already a Landmark 5/20/11 California Landmark recently broke ground on one of the first for-sale, multifamily projects to get underway in West Los Angeles this year. The 25-unit property, located at the southwest corner of Wellesley and Texas, two bl...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
HFF Arranges $14 Mil in Financing on CO Multi-Housing Community 5/19/11 HFF arranged a $10.6 mil loan assumption in conjunction with $3.4 mil in second lien financing for Dakota at Governors Ranch, a 246-unit multi-housing community in Littleton, Colorado.
An HFF team led by director Tina Derder...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
SoCal Multifamily Sales Update 5/17/11 SAN DIEGO (San Diego County) -- An 85-unit multi-family project located at 2015 Hancock Street in Old Town was purchased for $13 mil ($153k/unit) by an investment entity by the name of OM CP III Stella LLC. The property was o...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
AMCAL Gives City of Westminster the Royale Treatment 5/16/11 Royale Apartments, a 36-unit workforce housing development located in the SoCal city of Westminster, just opened to the public. The project, which features a Mediterranean-inspired design by Withee Malcolm Architects, was dev...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Carmel Partners Spends $80 Mil Just for The Vue 5/12/11 San Francisco-based Carmel Partners has purchased the majority of the units at The Vue, a 16-story, 318-unit residential tower in San Pedro, for $80.1 mil ($272k/unit). Built in 2008, the property was phased into an apartmen...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Sacramento-Area Multifamily Asset Trades for $76.5 Mil 5/12/11 A private investment group paid $76.5 mil for Slate Creek at Johnson Ranch, a 612-unit multifamily community in the Sacramento suburb of Roseville. The sales price represents $125k per unit and $120 per sf.
The 638k sf prope...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Phoenix Realty Group Spends $21.5 Mil on Inland Empire Apartment Portfolio 5/11/11 Phoenix Realty Group (PRG) has acquired an Inland Empire apartment portfolio, consisting of three properties in the cities of San Bernardino and Highland with a combined 432 units. The portfolio was purchased for $21.5 mil fr...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
BRE Properties Spends $41 Mil on Last Two Market-Rate Res Dev Sites in Mission Bay 5/10/11 BRE Properties has acquired two transit-oriented residential development sites in San Francisco for $41.4 mil, or $247/sf. The sites, Blocks 5 and Block 11, are located on 3.84 acres in the Mission Bay neighborhood of San Fra...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Kennedy Wilson Collects $43 Mil from OC Multifamily Sale 5/10/11 Mariposa Apartments, a 286-unit multifamily asset in Anaheim, was sold by Kennedy Wilson to a private investor for $43 mil ($150k/unit). The unnamed buyer is a long-standing owner / investor in the Orange County multifamily m...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|