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March 19, 2024
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VENTURA COUNTY HEADLINES
Commercial Real Estate Financing Briefs
3/11/24
$142 mil of transactions from Marcus & Millichap Capital Corporation, Gantry and Northmarq

Bakersfield Multifamily Property Goes for $16.5 Mil
3/07/24
Investor pays $114k/unit for Vantage Point Apartments

FPA Multifamily Acquires Ventura County Res Portfolio in $153 Mil Transaction
2/29/24
Deal is for two assets totaling 409 units in Westlake Village and Thousand Oaks

Newly Constructed Chase Bank Building in Bakersfield Sells for Over $800/sf
2/21/24
3.6k sf single-tenant asset sits in front of a larger shopping center



Residents are Moving into New Kennedy Wilson Master-Planned Res Community in Camarillo
2/21/24
Anacapa Canyon consists of market-rate apartments, for-sale homes and income-restricted apartments for seniors

Work Underway on Nestle USA’s New 700k sf Distribution Center at Tejon Ranch
1/24/24
Logistics facility will sit on 58 acres within Tejon Ranch Commerce Center

Pricing Pressures Illuminate the Balancing Act in Southern California's Office Real Estate Transition
1/03/24
New report from N.A.I. Capital Commercial suggests that investors are waiting for improvements in the economy or capital markets before committing to transactions

New SoCal Raising Cane’s Goes for Over $1,600/sf
12/20/23
L.A. Investor pays $5.1 mil for 3.2k sf Santa Maria property

STG Capital Partners Picks Up 17 Acres in Paso Robles for Res Development
12/19/23
Firm to construct 214 build-to-rent homes on the land

FPA Multifamily Closes $171 Mil Acquisition of Two Thousand Oaks, CA Res Communities
12/15/23
Purchase is of Los Robles Apartments and The Retreat at Thousand Oaks, totaling 399 units

County of Ventura Closes $14.9 Mil Buy of Thousand Oaks Building
12/13/23
Government agency to use 99k sf structure for its Fire Department HQ

Santa Maria Luxury Res Community Trades
12/11/23
318-unit Azure was built in 2020 by MBK Rental Living



 
 
 
 
 



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