|
• Sherman Oaks Multifamily Complex Sells for $210/unit
5/08/09
Kester Place Apartments, a 26-unit apartment complex in Sherman Oaks, traded hands in a transaction valued at $5.45 mil, or about $209.6k/unit. Located at 5405 Kester Ave, Kester Place Apartments comprises a mix of two-story ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Diamond is a Jewel for the Homeless in Anaheim
5/07/09
The city of Anaheim recently saw the opening of a new multifamily development that provides both housing and mental health supportive services for previously homeless individuals and their families in Orange County. The 25-un...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Trio of South OC Multifamily Assets Fetch $201 Mil
5/06/09
CBRE Capital Markets group arranged financing for the transaction, while Sherry Meyerhoff Hanson & Crance LLP handled legal matters for Stoneridge on both the purchase and financing of the property. Fairfield Properties LLP w...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Raintree Partners Closes $38 Mil Silicon Valley Multifamily Buy
5/05/09
Raintree Partners, a Laguna Niguel-based real estate investment company, has completed its first multifamily acquisition. The firm acquired Trellis Square Apartment Homes in Sunnyvale, a 204-unit luxury apartment community s...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Market Sees Third Consecutive Month of Rent and Occupancy Declines
4/30/09
By Caroline Latham, President
RealFacts
RealFacts has just concluded its first study of rental market conditions in 2009. Rents and occupancy continue to go down, but there was no big drop this quarter as some people predict...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Marcus & Millichap Handles Pair of LA-Area Apartment Sales
4/29/09
Here are a couple of recent LA-area apartment acquisitions brokered by Marcus & Millichap, the big investment brokerage firm. One of the transactions was in North Hollywood while the other took place in Los Angeles, just sout...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Walnut Creek Apartment Asset Sells for $153k/Unit
4/28/09
An 18-unit apartment complex in the East Bay city of Walnut Creek traded hands in an investment deal priced at $2.75 mil ($152.8k/unit). The property, La Casa Del Rio, is located at 1376 Creekside Dr, north of Rudgear Rd betw...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Newly Formed Property Management Firm Promises PEAK Performance
4/27/09
A newly formed property management firm is already making its mark with multifamily property owners in the San Diego area. The company, PEAK Real Estate Management Group, has an arrangement with Hoban Property Management Comp...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• It’s Prime Time for Big San Diego Apartment Buys
4/24/09
In news that bodes well for San Diego’s multifamily market, two institution-quality apartment properties in Oceanside were recently acquired by The Prime Group, a private San Francisco-based real estate investment company, in...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Diego Apartment Prices Showing Signs of Stabilizing
4/23/09
Average annual selling prices for apartment properties in San Diego County showed signs of stabilizing in 2008, even as big out-of-area institutional buyers shied away from the largest and most expensive in the region. That’s...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Shea Recognized for Superior Portfolio
4/21/09
A major OC owner/developer, Shea Properties, was recently recognized for excellent management of its multifamily properties. The company, based out of Aliso Viejo, received a Superior Portfolio Score by SatisFacts Research LL...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• $37.5 Mil Note on Distressed NV Development Offered for Sale
4/17/09
We’ve just learned about a $37.5 mil first mortgage note in the advanced stages of default being offered for sale. The note, which is secured by a condo development in a prime Henderson, NV location, is being marketed for sal...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Diego Apartment Investor Gets Some Manors
4/16/09
A 35-unit San Diego-area apartment complex called Point Loma Manor traded hands in a recent $4 mil ($114.3k/unit) deal that was financed through the assumption of an existing $2.7 mil loan. The property is located 2777 Nimitz...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• McLarand Vasquez Emsiek & Partners Standing Proud with Four Pillars
4/15/09
The California-based architecture and planning firm, McLarand Vasquez Emsiek & Partners (MVE), was just honored with four major awards—recognizing three separate projects—at the National Association of Homebuilders’ (NAHB) 18...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New Rancho Cucamonga Mixed-Income Housing Project Underway
4/14/09
Construction on a new, 166-unit workforce housing project in the Inland Empire is well underway. Called Villagio at Route 66, the project is being developed by Workforce Homebuilders LLC of Rancho Cucamonga, in a partnership ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CBRE Arranges Financing for 52-Unit El Cajon Apartment Property
4/13/09
CBRE Debt and Equity Financing arranged the placement of a $2.05 mil permanent financing loan on Broadway II, a 52-unit, 38.6k sf apartment complex at 849 North 3rd St, south of Broadway and northwest of I-8 in El Cajon. The...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NoCal Multifamily Deal Briefs
4/10/09
BURLINGAME (San Mateo County) -- Pacific Investments and Holding Company, LLC paid about $4.49 mil for the Royal Grove Apartments, an 18-unit ($249k/unit) complex at 1477 Grove Ave. The property mix consists of all large one ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NorthMarq Capital Arranges $150 Mil on Three SoCal Apartment Properties
4/09/09
Michael Elmore, out of the Los Angeles office of NorthMarq Capital, recently closed two financings totaling just under $150 mil on three SoCal multifamily properties, in downtown Los Angeles, Simi Valley and Woodland Hills.
...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• SoCal Apartment Rents on the Decline
4/08/09
Falling apartment rents across Southern California reflect the current recession as unemployed tenants move away or double up with friends or family while the affordability of foreclosed homes turns some renters into buyers. ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New Program from C.A.R. to Help Drive More First-Time Buyers
4/08/09
In an effort to assist first-time home buyers, the California Association of Realtors® (C.A.R.) has launched the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP). Through this program, first-ti...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
