The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
October 4, 2023
 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?





MULTIFAMILY NEWS
Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  328
Next 10 »

• Advanced Real Estate Spends $96 Mil on Huntington Beach Res Community
9/11/23
Advanced Real Estate closed on a $96 mil res buy in Huntington Beach. The company bought a 264-unit ($363.6k/unit) property formerly known as Citron House, located at 7701 Warner Ave, just west of Beach Blvd. The property,...
more » 

• Tempe, AZ Apartment Community Refinanced with New Loan for $16.5 Mil
9/11/23
Lakeview at the Bay, a 370-unit, Class B apartment complex in Tempe, AZ, has been refinanced with a new permanent loan for $16.5 mil. Built in 1985, the 34-building complex is located at 995 E. Baseline Rd in Tempe, a Metro P...
more » 

• Phase 1 of Riverwalk San Diego Awarded $41 Mil Grant from Affordable Housing and Sustainable Communities
9/08/23
A transformative development that will create energy-efficient affordable housing alongside a new Trolley station in Mission Valley is the only San Diego County project awarded funding this year from a leading-edge State of C...
more » 

• Multifamily Construction Slows as Rent Growth Eases and Access to Money Tightens
9/08/23
This update provided by real estate services firm Institutional Property Advisors Institutional Property Advisors (IPA) has published a new national report, Pullback in Multifamily Construction Starts. Below is a quick look ...
more » 

• New Res Tower in L.A.ís Koreatown Opens to the Public
9/07/23
Hallasan, a new high-rise apartment tower in the heart of Koreatown, has opened to the public. The project, located at 696 S. New Hampshire Ave, was developed by Holland Partner Group. MVE + Partners, renowned for their inno...
more » 

• IDM Companies Obtains $62.6 Mil in Construction Money for Phoenix Res Project
9/06/23
IDM Companies has landed $62.625 mil in construction financing for Meritum Sonoran Desert, a 348-unit, garden-style multi-housing development in Phoenix. The financing was arranged by JLL Capital Markets and funded through a ...
more » 

• Whittier Apartment Community Sells for Over $30 Mil
9/06/23
Citrus Court, a 138-unit apartment community in Whittier, sold for $31.25 mil, or $226k/unit. The garden-style community, located at 8121 Broadway Ave, is encumbered by a 99-year ground lease with 41-years remaining. Built i...
more » 

• Culver City Mixed-Use Project Sells for Over $29 Mil
9/01/23
The Oliver, a mixed-use property with 30 multifamily units and 8.7k sf of ground-floor retail space in Culver City, recently traded hands for $29.25 mil, or $780k per unit. Built in 2016, the property is located at 11955 W. W...
more » 

• ColRich Buys 228-Unit Res Property in Bend, OR
8/29/23
ColRich has purchased Seasons at Farmington Reserve, a 228-unit multifamily community in Bend, OR. The seller was Seattle-based Security Properties. Located at 61560 Aaron Way, the garden-style community was built in 2017 an...
more » 

• Oakland Apartment Trade Works Out to $242k/Unit
8/28/23
An apartment trade in Oakland consisting of two side-by-side twenty-four-unit apartment buildings came in at $11.65 mil, or $242.7k/unit. The properties, located at 237-263 41st St, offer a mix of one- and two-bedroom units. ...
more » 

• JRK Property Holdings Pays $93 Mil for 300-Unit Multifamily Community in San Jose
8/28/23
JRK Property Holdings has acquired Duo Apartments, a 301-unit Class A multifamily community in San Jose, for $93.5 mil ($310k/unit). The purchase was financed with a loan for $62 mil. Duo marks the third acquisition out of ...
more » 

• Abacus Capital Group Makes $95 Mil Res Buy in Oregon
8/24/23
An affiliate of Abacus Capital Group purchased Lumina Apartments, a 440-unit multifamily community in Gresham, OR, for $96.7 mil ($220k/unit). Located at 2700 W. Powell Blvd, Lumina was built in 1994 with unit renovations co...
more » 

• High Barriers to Homeownership is Boosting Demand for High-End Apartments
8/21/23
This report provided by Institutional Property Advisors (IPA) Institutional Property Advisors (IPA), a division of Marcus & Millichap, has released its Class A Multifamily Outlook Midyear 2023 special report. The firm shared...
more » 

• Community Preservation Partners Buys 44-Unit Affordable Housing Project in Palm Springs
8/18/23
CPP (Community Preservation Partners) acquired Sunnyview Villa, a 44-unit affordable housing property in Palm Springs. The community, located at 2950 N. Indian Canyon Rd in North Palm Springs near the historic Racquet Club We...
more » 

• Work Wrapped Up on 296-Unit Res Project Near Downtown LA and USC
8/18/23
Cityview has completed work on Jasper, a 296-unit opportunity zone mixed-use project located less than two miles from downtown Los Angeles and adjacent to the University of Southern California. The highly amenitized, mixed-us...
more » 

• MIG Real Estate Closes $61 Mil Res Buy in Orange County
8/17/23
In a notable OC multifamily buy, MIG Real Estate LLC purchased Newport Palms, a 138-unit apartment complex in Costa Mesa, for $61.1 mil ($443k/unit). According to MIG, this is the largest multifamily investment in the city in...
more » 

• OC Four-Plex Goes for Nearly $400k/Unit
8/11/23
A four-unit multifamily property in Orange County sold for $1.59 mil ($397.5k/unit), in a deal that came in at 99% of the list price and $462 per square foot. The single-story property is located on a spacious 10.8k sf parcel...
more » 

• National City Apartment Property Sells for $3.84 Mil
8/09/23
In a recent apartment sales comp out of San Diego County, a 16-unit multifamily property in National City sold for $3.836 mil, or $240k/unit. The property, located at 1019-1049 E Ave, consists of all one-bedroom/one-bath, 343...
more » 

• KB Homes Buys former Starlite Drive-In in El Monte for $24 Mil
8/09/23
A 13.5-acre parcel of commercial land in the San Gabriel Valley city of El Monte sold for $24 mil. The buyer, Los Angeles-based KB Homes, a Fortune 500 national home builder, will use the property to construct up to 200 new h...
more » 

• Local Investor Buys Eight-Unit Multifamily Property in Long Beach
8/08/23
A local private investor paid $2.65 mil for an eight-unit ($331k/unit) multifamily property located at 1206 Gladys Ave in Long Beach. Built in 1986, 1206 Gladys Avenue features all two-bedroom, two-bathroom units with two h...
more » 



1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  328
Next 10 »


Return to the Multifamily area


 


 
 
 
 



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 © 2023 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media