The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 18, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
Bell Partners Completes $146 Mil Res Buy in the Inland Empire

5/14/24

Bell Partners has acquired Silverado Apartment Homes, a 492-unit apartment community located in Murrieta, CA, in a $146.5 mil ($298k/unit) transaction. The community, which was acquired on behalf of the company’s Value Add Fund VIII, will be renamed Bell Murrieta Springs. It was sold by Realty Center Management Inc.

Completed in 2007, Bell Murrieta Springs is located at 25100 Vista Murrieta, at the junction of I-15 and I-215, offering easy access to points south in San Diego County and north in Riverside and Orange Counties. The community features one-, two- and three-bedroom floor plans with an average unit size of 948 sf.

Amenities include an extensive green belt with a walking trail surrounding the entire property along with two pools and an expansive clubhouse. The property also exclusively features easy walking access along a nature preserve to Meadowridge Park, a city owned park, providing residents with an additional open space, playground and basketball courts to enjoy.

Kevin Green, Gregory Harris and Joseph Grabiec with Institutional Property Advisors represented the seller and procured the buyer in the transaction. With this acquisition, Bell Partners now owns and/or manages 11 apartment communities totaling over 3,100 units in Southern California.




Return to the previous 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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media