Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 15, 2019
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Champion Real Estate Spends $33.6 Mil on Two Glendale Apartment Properties


Champion Real Estate Company purchased two multifamily properties with a combined 104 market-rate units in Glendale, CA for $33.6 mil, or $323k/unit. The assets were acquired together in an off-market transaction.

The two properties are located less than two miles apart, at 720 N Louise St and Windsor at 1377 E Windsor Rd. Princess Louise (“Louise”) was built in 1970 and contains 42 units, while Windsor Real (“Windsor”) was built in 1972 and contains 62 units. The properties include a large percentage of multi-bedroom units with an average size of 951 sf.

“The Glendale apartment market is largely bifurcated with the vast majority of units either being new construction or dated and untouched 1960’s and 1970’s product. With a comprehensive improvement plan, Louise and Windsor will provide an upgraded, clean and professionally managed living experience at a steep discount to the new construction” noted Parker Champion, Executive Vice President.

Return to the Archive page





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media