|
• San Francisco Apartment Complex Achieves Price Tag of Almost $600k/Unit
5/06/08
A 193-unit upscale apartment community in San Francisco’s Mission Bay area traded hands in a $115 mil transaction that works out to a price of $596k/unit. The property, the Edgewater Luxury Apartments, is located on a 157.1k ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investor Pays $68.5 Mil for Conejo Valley Multifamily Property
5/05/08
Well-located multifamily assets remain a strong draw for investors, particularly those who aren’t at the mercy of today’s challenging lending environment. In a recent example of a large apartment buy, IMT REIT Capital LLC acq...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Colorado Multifamily Sales Review
5/02/08
Interested in multifamily sales comps from Colorado? We’ve got three recent transactions in the $2 mil - $3 mil range to let you know about.
In the largest of the three deals, the 41-unit Lampliter apartment community sold f...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Fernando Mixed-Use Project May Be Re-Configured for Affordable Senior Housing
5/01/08
Gangi Development was given a nine-month extension of an exclusive negotiating agreement with the City of San Fernando to finalize the components of a mixed-use project for a city-owned parking lot at San Fernando Mission Blv...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• LA-Area Apartment Comp Review
4/30/08
Here’s an update on three smaller apartment sales comp from around the LA area. We’ll start in the west San Fernando Valley community of Canoga Park, where an investor paid $2.85 mil for a 19-unit ($150k/unit) building at 703...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Slide in CA Home Sales and Median Price Continues
4/29/08
For those of you hoping for news of a turnaround in California’s residential market, you may not want to read on, although it’s not likely that this news will come as a surprise to anyone who hasn’t had their head buried in t...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• SoCal Multifamily Sales Comps
4/28/08
ANAHEIM (Orange County) – The Belage Manor Apartments, a 180-unit complex located at 1660 W. Broadway, was purchased by a venture of Preservation Partners Development and Jamboree Housing Corp for $24 mil, or $137.8k/unit. Th...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Marcus & Millichap Arranges $23 Mil Financing for Buena Park Multifamily Buy
4/25/08
Financing of $23.4 mil for Calera Investment Group’s purchase of the 184-unit Brookstone Apartments in Buena Park was arranged by Marcus & Millichap Capital Corporation (MMCC) and provided by Mesa West Capital. It includes mo...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investor Spends $12 Mil on Village in East Hollywood
4/24/08
A 41-unit apartment complex in Hollywood was acquired by a locally based investor for $12 mil. The property, East Hollywood Village, is located on a 2.8k sf site at 5718-5728 Hollywood Blvd, between Western Ave and the 101 Fw...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Serene Apartment Market Remains Stable
4/23/08
By Caroline S. Latham
CEO, RealFacts
In a period of turmoil for condos and single family homes, the rental apartment market is a model of stability. According to statistics released this week by RealFacts, the multifamily da...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Bascom Adds Pleasant Hawaiian Destination
4/22/08
The Bascom Group, the big OC-based multifamily investment company, recently closed on a large acquisition in Hawaii, having paid $63.25 mil for the 406-unit ($155.8k/unit) Oasis at Waipahu Apartments in Waipahu. Constructed i...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NoCal Firm Pays $24 Mil for Bellevue Multifamily Asset
4/21/08
Somerset Green Townhomes, a 101-unit apartment community in Bellevue, WA, was acquired by an entity of San Francisco-based Carmel Partners for $24 mil ($237.6k/unit). The asset is located at 4200 to 4261 129th Place SE, east ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Mesa West Provides $23 Mil for Buena Park Apartment Buy
4/18/08
Financing for a recent $23.4 mil Orange County multifamily investment deal was provided by SoCal-based Mesa West Capital. The property is Brookstone Apartments, a 184-unit complex located on the corner of Artesia Blvd and Wes...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• George Smith Partners Arranges $22.5 Mil for San Bernardino Apt Buy
4/17/08
George Smith Partners Inc has arranged a $22.5 mil bridge loan for the acquisition of Mountainside Village Apartments, a 197-unit multifamily property located at 1660 Kendall Dr in San Bernardino. Situated across from Califor...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Phoenix Apartment Acquisition is Angel-ic
4/16/08
A Colorado-based investor picked up a pair of Phoenix apartment properties for a combined $1.66 mil price tag. The properties – the 18-unit Brill Square and the 14-unit Angel communities – have a total of 32 units.
Brill Squ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• HFF Arranges $33 Mil in Financing for Portland Apartment Buy
4/16/08
Holliday Fenoglio Fowler (HFF) arranged $32.98 mil in acquisition financing for Harrison Tower Apartments, a 185-unit, high-rise multifamily community in downtown Portland, OR that was recently purchased by JB Matteson Inc. ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Car Wash Buyer Hopes to Clean Up by Redeveloping Sun Valley Property
4/15/08
A former car wash site in the northeastern San Fernando Valley community of Sun Valley was recently acquired by a local affordable housing investor for redevelopment into a multifamily complex. The property, located at 8925 a...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• NoCal Apartment Sales Trio
4/14/08
SAN MATEO (San Mateo County) – Hiusing and Sylvia Siu-Ling Lee paid $1.4 mil for a seven-unit ($200.4k/unit) apartment property at 417 Studio Circle. The unit mix consists of one studio, four one-bedroom/one-bath and two two...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Annual Casden Forecast Predicts SoCal Apartment Rent Increases of 2.5% - 3%
4/11/08
One of SoCal’s biggest annual real estate conferences – USC Lusk Center’s Casden Forecast – took place this past Wednesday in downtown Los Angeles, and offered significant insight for the coming year. According to the Forecas...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 70-Unit Napa Apartment Community Trades for $10.4 Mil
4/11/08
Plaza Del Sol Apartments, a 70-unit apartment community in Napa, was acquired by Seattle-based Trinity Real Estate in a $10.41 mil ($148.7k/unit) transaction. The property is located at 713 Trancas St, just west of Big Ranch ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
