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• Oakland’s City Walk is Hopping Along Again
6/09/10
Development of City Walk, a stalled apartment and retail project in the heart of downtown Oakland, is underway again as the project’s new owners, Wood Partners LLC, recently secured the needed construction financing of $31.5 ...
Price: $3.99
Executive Subscriber Price: Free
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• Expansion Work Underway at Fullerton Continuing Care Retirement Community
6/04/10
Morningside, an award-winning continuing care retirement community in Fullerton, is expanding its Lakeview Hall and Wellness and Fitness Center as well as renovating the community’s lake and surrounding courtyard features. Mo...
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Executive Subscriber Price: Free
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• NAI Capital Expands Firm’s Multifamily Group
6/03/10
Several veteran brokers have been recruited by Encino-based NAI Capital as part of the firm’s expanding multifamily team. The new hires include Damon Wyler, Executive Vice President and Branch Manager of NAI Capital’s South B...
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• NAI Capital Expands Firm’s Multifamily Group
6/02/10
Several veteran brokers have been recruited by Encino-based NAI Capital as part of the firm’s expanding multifamily team. The new hires include Damon Wyler, Executive Vice President and Branch Manager of NAI Capital’s South B...
Price: $3.99
Executive Subscriber Price: Free
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• 170-Unit Oxnard Apartment Property Hits the Market
6/01/10
Newport Landing, a 170-unit apartment complex in the SoCal city of Oxnard, was just listed for sale. Situated on 6.5 acres at 5200-5300 South J St, east of Ventura Rd and north of Hueneme Rd, the market-rate asset is primaril...
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Executive Subscriber Price: Free
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• Investor Acquires 17 Homes and 291 Finished Lots in Vegas
5/28/10
An individual investor acquired 17 homes in the Hillside development in Las Vegas, NV. The homes, along with 291 finished lots, were acquired from a consortium of banks by Ridgeback Partners. Terms of the sale were not disclo...
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Executive Subscriber Price: Free
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• 200-Unit Tucson Apartment Community Trades for $15 Mil
5/27/10
Tierra Vida, a 200-unit apartment complex in northwest Tucson, AZ, was acquired by a Kirkland, WA investor for $15.2 mil ($76k/unit). Built in 2000, the property is located at 1970 West Magee Rd, just east of La Cholla Blvd. ...
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Executive Subscriber Price: Free
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• Investor Nabs Pair of Fairfield Multifamily Assets
5/26/10
Peach Tree Villa and Peachwood Apartments, two neighboring apartment communities containing a combined 109 units in the NoCal city of Fairfield, were acquired by a Woodside, CA investor for $8.8 mil ($81k/unit). The propertie...
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Executive Subscriber Price: Free
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• 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...
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Executive Subscriber Price: Free
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• 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)...
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Executive Subscriber Price: Free
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• 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...
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Executive Subscriber Price: Free
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• 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), ...
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Executive Subscriber Price: Free
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• 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, ...
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Executive Subscriber Price: Free
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• 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...
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Executive Subscriber Price: Free
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• 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
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• 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
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• 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...
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Executive Subscriber Price: Free
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• 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
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• 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
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• 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
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