|
• Changing Market Conditions Predicted to Push Up Prices of Condos Under $729k
12/29/09
While current forecasts about the direction of the real estate market vary tremendously, one Bay Area real estate pro predicts increased demand and limited supply will trigger price movement in at least one sector of the real...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CA Home Sales Up Almost 5% from Prior Year
12/28/09
California home sales increased 4.7 percent in November compared with the same period a year ago, while the median price of an existing home rose 5.8 percent, according to the latest data from the California Association of Re...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Newmark Arranges $5 Mil on Pair of NoHo Multifamily Properties
12/23/09
Newmark Realty Capital Inc has arranged $5.15 mil in permanent refi money on two North Hollywood apartment properties with a combined total of 81 units. One of the properties, Morrison Park Apartments, is a 41-unit building a...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investor Picks Up $9 Mil Note on SF Valley Multifamily Property
12/22/09
A private investor purchased the $9.25 mil note on a 51.7k sf multifamily property in the San Fernando Valley community of Reseda. The property is located at 18557 Saticoy St, two blocks west of Reseda Blvd. Built in 2008, th...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Pasadena Project Lands $36 Mil in New Financing
12/21/09
Newport Beach-based CT/KDF Community Development Partners LLC has closed $36 mil in new financing for the Raymond Renaissance project in Pasadena. Located at 121-129 N. Raymond Ave, in the heart of Downtown Pasadena at the c...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New San Diego Affordable Housing Project Opens
12/17/09
Los Vientos, a new affordable housing community in San Diego, recently opened to the public. Located at 1668 National Ave, Los Vientos features 89 family units, replacing underutilized industrial parcels. It was developed by...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investor Sees Benefit in $6.5 Mil Sherman Oaks Apartment Buy
12/16/09
A local Sherman Oaks buyer acquired the 24-unit Benefit Court Apartments in an "off–market" transaction valued at $6.45 mil, or about $268.8k/unit. The property, built in 1987, was 96% occupied at the time of the transaction...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Raintree Gets a Mountain View
12/15/09
Laguna Niguel-based Raintree Partners acquired Mountain View Apartments, a 168-unit multifamily property in the San Gabriel Valley community of San Dimas, for $21 mil ($125k/unit). The transaction marks the second apartment b...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NoCal Investor Closes $16 Mil Oceanside Apartment Buy
12/14/09
Rancho Las Brisas, a 136-unit apartment complex in the northern San Diego County community of Oceanside, sold for $16.1 ml, or $118.4k/unit. Built in 1974, the property is located at 3699 Barnard Dr, north of the 78 Fwy and j...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 550-Space Inland Empire Manufactured Home Community Listed for $38 Mil
12/11/09
Colonial Country Club, a 550-space manufactured home community for seniors aged 55 and older in Hemet, has been listed for sale with an asking price of $38 mil ($69k/space). Located on about 94 acres at 601 North Kirby St in ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New Corona Senior Living Development Completed
12/10/09
Valencia Terrance also features a resort-like environment and includes a pool and spa, two beauty salons, commercial kitchen, theater room, exercise gym, massage, library, bistro and resident lounge.
IPA (Irwin Pancake Dawso...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Sherman and Levine Join KW Commercial
12/09/09
Hirsch Sherman and Jared Levine have joined KW Commercial’s new Calabasas office. Sherman has been involved in the real estate industry since 1979 and previously worked for Re/Max Commercial where he was a Senior Investment ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Canadian Investors Pick Up 78 Units at Phoenix Condo Conversion Project
12/08/09
A Canadian investment partnership acquired 78 units at Riverwalk, a 240-unit condo conversion project located at 5345 East Van Buren St, a few blocks northeast of Sky Harbor International Airport in Phoenix, AZ. The units, wh...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• HFF Arranges $24 Mil on 183-Unit OC Multifamily Property
12/02/09
HFF (Holliday Fenoglio Fowler, L.P.) has placed a $24 mil loan with Freddie Mac for City Pointe Apartments, a 183-unit, Class A multi-housing property in Fullerton. The property is located at 130 East Chapman Ave, near the Ri...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Sacramento Multifamily Property Trades for $11.5 Mil
12/01/09
An Austin, TX-based investor closed on a significant Sacramento multifamily buy after paying $11.5 mil for The Villas at La Riviera, a 199-unit ($57.8k/unit) property. The complex is located at 7901 La Riviera Dr, north of th...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investor Picks Up Majority of LA-Area Broken Condo Complex for $62k/Unit
11/24/09
Here’s the scoop on an interesting multifamily sale in the San Fernando Valley, as 99 condominiums within the 161-unit, 57.5k sf Sonterra Homes complex sold for $6.15 mil, or about $62k/unit. The REO property is located at 15...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• PCCP/Lewis Venture Picks Up 798 Residential Lots in Reno
11/19/09
A venture of El Segundo-based PCCP LLC and Upland-based Lewis Operating Corp acquired 798 finished and partially finished residential lots located in southeast Reno in a $6.6 mil purchase. Approximately 600 of the lots are l...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Escondido Fractured Condo Sale Brings in $5.5 Mil
11/18/09
A fractured condominium project traded hands in a recent $5.5 mil Escondido deal. The property, Heritage at Canyon Pointe Condominiums, is located at 495-505 San Pasqual Valley Rd, east of I-15, and was sold by H.G. Fenton Co...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Francisco Apartment Market Still on the Decline
11/16/09
Apartment rents in San Francisco are expected to continue to slide this year, as the market struggles with the ongoing economic contraction. Unemployment has reached its highest level in more than two decades, dragging on apa...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Sunnyvale Multifamily Property Fetches $44 Mil
11/13/09
Acacia Capital Corp closed on a large Silicon Valley apartment buy, paying $43.8 mil for Avalon at Parkside, a 192-unit ($228.1k/unit) multifamily community in Sunnyvale. Built in 1991, Avalon at Parkside contains 204.6k sf o...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
