|
• 35 Units at Luxury Condo Project in Pasadena Auctioned Off in 1-1/2 Hours
8/27/09
Thirty five condo units offered for sale at a luxury condo project in Pasadena sold in just over 1-1/2 hours at a recent auction conducted by Kennedy Wilson Auction Group, a division of Beverly Hills-based Kennedy Wilson. Th...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 30-Unit Hollywood Multifamily Property Trades for $135k/Unit
8/20/09
Carlton Way Apartments, a 24k sf, 30-unit complex located at 6021-6029 Carlton Way in Hollywood, sold for $4.05 mil ($135k/unit). Situated on a 28.3k sf lot, the property is just west of the 101 Fwy between Hollywood and Suns...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• PCCP Plans to Build a Better Treehouse
8/19/09
PCCP LLC just acquired the Folsom Treehouse master-planned residential community in the NoCal city of Folsom through foreclosure proceedings. On March 31, 2009, PCCP acquired the discounted note from the FDIC and United Comme...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Inland Empire Manufactured Housing Community Sells for $16 Mil
8/17/09
Ramona Terrace Estates, a 218-space, five-star, seniors manufactured housing community in the city of Ramona, located in the Santa Maria Valley about 36 miles northeast of San Diego, traded hands in a recent $16 mil sale. The...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Western National Expands to Phoenix with Four New Management Contracts
8/13/09
Western National Property Management has boosted its management presence throughout the west with the addition of four new apartment community management contracts totaling 854 units in Phoenix. These new contracts represent ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CA Home Resales Up 20% from Prior Year
8/12/09
Closed escrow sales of existing, single-family detached homes in California totaled 514,110 in June at a seasonally adjusted annualized rate, according to information collected by C.A.R. from more than 90 local Realtor associ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Bernardino Multifamily Property Sells for $10 Mil
8/11/09
Here’s word of a notable recent multifamily sale from the Inland Empire, that being the Sunset Ridge Apartments, a 205.6k sf, 251-unit special asset apartment property in San Bernardino. The property, located at 1700 East D...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NAI BT Negotiates Pair of Bay Area Multifamily Investment Buys
8/05/09
Here’s an update on a couple of recent Bay Area multifamily sales, one in Mountain View and the other in Redwood City.
We’ll start in Mountain View, in Silicon Valley, where a 12-unit property located at 678-690 Victor Way...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New East L.A. Affordable Housing Project Opens to Public
8/03/09
Villa Serena, a new affordable housing community in East L.A., was just unveiled. A development of AMCAL Multi-Housing Inc, the project features 85 family units, replacing old housing stock and underutilized land. It is loca...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• LA –Area Apartment Properties Still in Demand
7/31/09
Here’s a look at three recent, smaller multifamily comps from the LA area. In the first deal, a nine-unit building at 1234 N. Virgil Ave, north of Santa Monica Blvd and east of Vermont Ave, sold for $1.3 mil ($144.4k/unit). ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Glendale, AZ Apartment Sells for $19k/Unit
7/30/09
Here’s the scoop on a recent multifamily sale from Arizona, as Glen Park, an 88-unit property in the city of Glendale, sold for $1.7 mil, or about $19.3k/unit. The property, located at 6301 North 64th Dr, north of Camelback R...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Sherman Oaks Apartment Property Fetches $328k/Unit
7/29/09
We’ve got a couple of recent multifamily sales comps from the southeast San Fernando Valley report, in North Hollywood and Sherman Oaks.
In Sherman Oaks, Moorpark Townhouse Apartments, a seven-unit multifamily property at 15...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Santa Monica Multifamily Property Fetches $328k/Unit
7/28/09
La Montana Apartments, a 23-unit multifamily property located in a desirable north of Wilshire Blvd location in Santa Monica, recently traded hands in a $7.55 mil deal, which works out to $328k/unit. The property is located a...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Sares Regis Group and CIGNA Realty Investors Close 231-Unit San Jose Multifamily Buy
7/27/09
In a big NoCal apartment buy, a venture of Sares Regis Group of Northern California L.P. (SRGNC) and CIGNA Realty Investors (CREI) has acquired Bella Villagio Apartments, a 231-unit luxury apartment community located in San J...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Sacramento Sees Lofty Apartment Sale
7/24/09
The Lofts, a 188-unit multifamily asset in Sacramento, was purchased by the Reliant Group out of San Francisco for $18.46 mil, or roughly $98.2k/unit. The property is located at 3351 Duckhorn Dr, just west of I-5 and north o...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• KTGY Group Recognized for Work on New Echo Park Project
7/22/09
The National Association of Home Builders’ (NAHB) 50+ Housing Council awarded KTGY GROUP INC Architecture and Planning the prestigious 2009 Best of 50+ Housing Gold Award in the category of “Best Multifamily Rental 50+ Commun...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Renters Resisting High-End Units
7/21/09
By Caroline Latham
CEO, RealFacts
A recent nationwide study of rents and occupancy conducted by RealFacts for 2Q09 reveals that renters are showing resistance to paying a premium to rent an apartment in a high-end market.
...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Trio of Bay Area Multifamily Sales Comps Add Up to $5.5 Mil
7/20/09
We’ve got three recent Bay Area multifamily investment comps to share with you, two in San Mateo County and the other one in Santa Clara County. We’ll start in Campbell, in Santa Clara County, where the 17-unit Angela Court A...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Santa Clarita Apartment Property Sells for $23 Mil
7/17/09
Canyon Crest, a 158-unit multifamily property in Santa Clarita, sold in a recent deal valued at $23 mil, or $145.6k/unit, in what we’re told is the biggest multifamily sale in the region since 2006. The property is located at...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Enjoy a Better Sunset in West Hollywood
7/16/09
Leasing activity may continue to be sluggish in many places, but for a newly constructed luxury development in West Hollywood business is booming. The property, 7950 W. Sunset, an award-winning community from Legacy Partners ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
