|
• FSC Realty Adds Pheasant Run to Its Properties
2/14/08
Pheasant Run, a 308-unit apartment community in the Washington city of Federal Way, was purchased by Beverly Hills-based FSC Realty LLC for $30.4 mil ($99k/unit). The property, located at 27314 24th Place South, was sold by P...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New Continuing Care Community to Be Pleasant Addition in Pleasanton
2/13/08
A new continuing care retirement community (CCRC) for people aged 62 or older is in the works for the NoCal community of Pleasanton. The development, called Stoneridge Creek, is a project of Continuing Life Communities LLC an...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• M&M Brokers Trio of Recent SoCal Apartment Sales
2/12/08
For those of you who keep up with multifamily values throughout the Southland, here are three recent sales comps from Southern California sure to help you keep abreast of the latest values. We’ll lead off with a deal in West ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Portland Apartment Property Sells for $93k/Unit
2/11/08
Forest and Garden Apartments, a 51-unit apartment community in Portland, was purchased by a local investor for $4.75 mil ($93.1k/unit). Built in 1925, the property is located near the 5, 84 and 405 Freeways at NW 20th and Hoy...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CT Stars in Macbeth Multifamily Performance
2/07/08
Two SoCal real estate firms, Newport Beach-based CT Realty Corp and Macbeth Apartment Systems Inc of Carlsbad, have teamed up in a new venture to acquire multifamily properties in the region.
For CT, the venture provides th...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Investment Activity in San Diego Apartment Market Expected to Maintain Pace
2/07/08
The apartment market in San Diego is expected to continue to post modest improvement this year, supported by steady job growth, high home prices and limited new supply, according to national brokerage firm Marcus & Millichap....
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• 141-Unit Reseda Community Offered for $17.5 Mil
2/06/08
A 141-unit multi-family complex in the central San Fernando Valley community of Reseda has been offered for sale with an asking price of $17.5 mil, or just over $124k/unit. The 92.1k sf property, called Villa La Paloma, is lo...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Western National Awarded Management Assignment for 5-Property Portfolio
2/05/08
A third-party management assignment for a portfolio of five new apartment communities in California was awarded to Western National Property Management, the multifamily real estate management arm of Western National Group, in...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• DBBM Provides $185 Mil for Multifamily Portfolio Buy
2/05/08
In news of a sizable financing deal, Deutsche Bank Berkshire Mortgage (DBBM) recently provided BPG Properties Ltd a $185 mil Freddie Mac loan for the acquisition of Boston Capital REIT, an 11-property portfolio of multifamily...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CA Home Sales and Prices Take another Hit in December
2/05/08
Many homeowners in California are of the mindset that Congress’ proposed economic relief package can’t come soon enough, as the state continues to endure significant fallout from the implosion of the housing market. According...
|
• Condo Development: Time to Live to Fight Another Day
2/04/08
by Jonathan Lee
By Jonathan Lee, Assistant Vice President
George Smith Partners
As George Smith Partners continues to dialogue with our clients regarding the financial landscape, it is the condominium developer that seems to have the most d...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Puget Sound Multifamily Asset Trades in $65 Mil Deal
2/01/08
A 464-unit multifamily community in the Puget Sound region was acquired by San Diego-based Fairfield Residential in a $65.6 mil ($141.4k/unit) transaction. The property, the Glen Park Apartments, is situated on 33 acres at 95...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• North San Fernando Valley Multifamily Asset Fetches $175k/Unit
1/31/08
An 85-unit apartment complex in the northern San Fernando Valley sold for $14.85 mil, or approximately $174.7k/unit. Called Woodley Apartments, the property contains 116.7k sf of space on a 2.68-acre lot located at 10139 Wood...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• San Francisco Apartment Market Ranked First in the Nation
1/30/08
San Francisco’s healthy economy is driving apartment demand, as both employment and population growth are forecast to record increases in 2008 that are considerably higher than the metro’s long-term averages, according to the...
|
• Highland Realty Capital Arranges $51 Mil in Financing for Atlanta GA Buy
1/29/08
Highland Realty Capital Inc (“HRC”) arranged $35 mil in bridge financing and $16.1 mil in joint venture equity for the acquisition of two multifamily properties, comprising 792 units, in two Atlanta, GA submarkets. The proper...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Beaverton Apartment Property Gets a Guardian
1/29/08
A 260-unit apartment community in Beaverton was purchased by Portland-based Guardian Management in a $24.2 mil ($93k/unit) transaction. The property, called the San Remo, is situated on 12.5 acres at 4900 Greensboro Way, sout...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Wiseman Comes Up with Smart Plan for West LA Site
1/28/08
A new mixed-use development is slated for a well-located West Los Angeles infill location, as a venture of Wiseman Development and Maxxam Enterprises has obtained entitlements for a retail and residential complex at the north...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Highland Capital Arranges $14 Mil for New Sonoma County Res Project
1/25/08
A planned 200-unit residential development in Sonoma County is a little closer to reality, after securing $13.78 mil in mezzanine debt, which was arranged by Highland Realty Capital. The project, Windsor Mill, is located on r...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Deal Review
1/24/08
Marcus & Millichap is one of the leading investment brokerage firms in the country and handles many of the multifamily sales that we report on RENTV. Here’s a look at a number of year-end transactions negotiated by the broker...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• LA Apartment Market Expected to Do Well in 2008
1/23/08
Apartment properties in Los Angeles are expected to record strong performance in 2008 due to tight operating conditions and lower housing affordability, according to the 2008 National Apartment Report by Marcus & Millichap, t...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
