|
Passco Completes $23 Mil Alabama Apt Buy 5/24/10 OC-based Passco Companies LLC recently completed a notable, 240-unit multifamily acquisition. Although the property is in Montgomery, Alabama, a region of the country that we typically don’t cover, we thought you might be int...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Intercontinental RE Corp Acquires 151-Unit SoCal Student Housing Portfolio 5/21/10 Boston-based Intercontinental Real Estate Corporation purchased a student housing portfolio in the SoCal community of Isla Vista, roughly three blocks from the main campus of the University of California, Santa Barbara (UCSB)...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Irvine Company and Sudberry Properties to Move Forward with New CA Housing Projects 5/20/10 Two housing complexes designed by Irvine-based architecture and planning firm MVE & Partners are slated to begin construction shortly, as developers, architects and contractors are finally starting to see opportunities in the...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Investor Closes $7 Mil Hollywood Multifamily Property 5/17/10 A 26-unit multifamily property in Hollywood was acquired by a private investor in a $7.25 mil transaction that worked out to roughly $290k/unit. The property, located at 920 Wilcox, was sold by Lion Real Estate Group (LREG), ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Investor Picks Up 51 Units at Broken SF Valley Condo Project 5/17/10 A private investor paid $4.7 mil for 51 ($92k/unit) vacant units at a distressed condo development in the Valley Village area of the San Fernando Valley in an all-cash transaction. The property, constructed in 1953 and 1954, ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Houston Developer Acquires Five-Acre Site in Thousand Oaks 5/17/10 Belmont Village L.P., a Houston-based developer and operator of independent and assisted living facilities, has acquired a 5.08-acre land parcel in Thousand Oaks for $3.25 mil. Located west of the 23 Fwy, on the northeast cor...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bay Area Multifamily Sales Review 5/14/10 A 14-unit apartment complex in San Mateo was purchased by a private investor for $2.95 mil ($210.7k/unit). The property is located at 22 East 20th, just off El Camino Real, a few blocks west of the intersection of Hwy 92 and ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
119-Unit Affordable Housing Project Unveiled in San Mateo County 5/13/10
Trestle Glen’s additional green features include:
• Play structures and surfaces are made of more than 20% recycled materials.
• The building features side-by-side trash and recycling chutes, plus a built-in recycling bin ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Phoenix Investor Spends $23 Mil on Rancho PV Multifamily Asset 5/12/10 The Madison, a 90-unit, 118.9k sf luxury apartment building in Rancho Palos Verdes, was acquired by Alliance Residential, a Phoenix-based investment group, for $22.9 mil. Situated in the hills above the Pacific Ocean, the pro...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
78-Unit NoCal Apartment Complex Trades Hands 5/11/10 Mountainview Villas Apartments, a 78-unit apartment community located at 2146 Bedford St in Santa Rosa, was acquired by Bedford Santa Rosa Associates, LLC for an undisclosed price in a recent NoCal transaction. It was sold by...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Santa Paula Apartment Complex Sells for $6.8 Mil 5/06/10 The Santa Paula Townhouses, a 50-unit multifamily property located in the SoCal city of Santa Paula, was acquired by a private investor for $6.8 mil ($136k/unit). The complex is located at 101-111 East Ventura St, a couple of...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
San Diego’s Broadway Lofts is Recapitalized 5/05/10 Broadway Lofts, an 84-unit mixed-use residential and retail property in downtown San Diego, was recapitalized by its joint venture partners, Santa Monica-based Watt Companies and Barrow Street Capital. The venture purchased t...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Walker & Dunlop Arranges $139 Mil in Financing on NoCal Apartment Community 5/04/10 In a major NoCal financing transaction, Walker & Dunlop originated a $138.94 mil loan on Elan at River Oaks, a 941-unit residential property owned by Shea Apartment Communities. Located at 345 Village Center Dr, north of Mont...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Trumark and Resmark Equity Acquire San Fernando Valley Townhome Site 4/27/10 A venture of Trumark Homes and Resmark Equity Partners LLC has acquired a nine-acre new townhome community in the San Fernando Valley community of Granada Hills for $8.4 mil. The gated community, which has been renamed “High ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
San Francisco Res Tower Lands New Public Art Installation 4/26/10 One Hawthorne, a new 25-story boutique luxury condominium tower in the heart of the city, is now adorned with San Francisco’s newest large-scale public art installation. “Landmark,” is the title of the 16-story (145 ft.) mura...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
CA Home Sales on the Upswing 4/26/10 In the latest monthly data from the California Association of Realtors® (C.A.R.), home sales increased 2.5 percent in March in California compared with the same period a year ago, while the median price of an existing home ro...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Crossing Offers Anaheim Residents an Amenity-Rich, Eco-Friendly Res Development 4/23/10 The Crossing, a new luxury, transit-oriented apartment community in Anaheim, just opened to the public. Developed by SARES•REGIS Group, The Crossing provides amenity-rich, pet and eco-friendly living adjacent the Metrolink An...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
107-Unit Hollywood Apartment Portfolio Trades for Over $7 Mil 4/21/10 Madison Partners’ Darin Beebower of Madison Partners has been involved in a number of notable multifamily asset sales in SoCal.
This includes the recent $7.15 mil sale of the Kenmore Apartment Portfolio, three 1920’s vinta...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Lowe Enterprises Completes The Lido Shuffle for $9.4 Mil 4/19/10 The Lido Apartments, a 1928-vintage, 100-unit multifamily property in Hollywood, was acquired by Lowe Enterprises for $9.4 mil, or about $94k/unit. The building is located at 6500 Yucca St, one block northwest of the intersec...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Tucson Investor Spends Almost $17 Mil on Casa Grande Apartment Complex 4/16/10 A 323-unit apartment complex in Casa Grande, AZ was purchased by a Tucson investment entity for $16.75 mil ($51.9k/unit). The property, Desert Sands, is located at 720 West O’Neil Dr, north of I-8 and west of I-10, about 50 m...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|