|
$80 Mil WA Apartment Sale No Run of the Mill Deal 7/31/07 Beverly Hills-based Kennedy Wilson Inc closed on a large multifamily buy in the state of Washington, having paid $80 mil for The Mill, a 516-unit ($155k/unit) complex located at1102 158th Place SE and 1324 Mill Creek Rd in th...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SoCal Apartment Sales Review 7/31/07 HEMET (Riverside County) – The Riverdale Apartments, a 96-unit, 99.2k sf complex at 1250 S. Cawston Ave and 4100 W. Thornton Ave, sold for $10.4 mil ($108.3k/unit). The property sits on 2.8 acres and is located off Hwy 79/Win...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
San Francisco's One Rincon Hill Tops Out with Time Capsule Ceremony 7/30/07 One Rincon Hill, San Francisco's tallest residential tower, recently commemorated the topping out of its Phase I tower with a time capsule ceremony held more than 600 ft. above the city, atop Rincon Hill. City dignitaries and...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
CA Home Sales Off 24.7% while Prices Notch Up 3.2% 7/27/07 In news that's of little surprise to anyone who's kept up on the major economic trends in the state, California home sales decreased 24.7 percent in June compared with the same period a year ago, while the median price of an ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
StarPoint Picks Up Pair of Koreatown Apartment Buildings 7/26/07 Beverly Hills-based StarPoint Properties LLC purchased two adjacent apartment buildings in LA's Koreatown area for $40.1 mil. The properties are located at 249 and 269 S. La Fayette Park Place, west of Rampart Blvd and north ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SoCal Multifamily Sales Review 7/24/07 PASADENA (Los Angeles County) – Orange Grove Circle Communities LLC paid $32 mil for the Town Homes at Orange Grove Circle, a 64-unit ($500k/unit) complex at 435 Orange Grove Circle, situated in the city's “Millionaire's Row ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
NoCal Apartment Sales 7/23/07 Interested in recent Bay Area apartment sales comps? Here's a review of a few smaller sales from the region, all of which were brokered, at least in part, by NAI BT Commercial.
We'll start in downtown San Leandro, where an 1...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Portland Investor Grabs $15 Mil Mesa, AZ Apartment Asset 7/19/07 Montego Villas, a 154-unit apartment community in Mesa, AZ, was acquired by a Portland investment entity for $14.565 mil ($94.6k/unit). The property, located at 949 South Longmore St, contains 22 buildings on 6.23 acres of la...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
G&K Affordable Housing Portfolio in Denver Trades for $9.75 Mil 7/17/07 Red Stone Partners, a Denver-based affordable housing buyer, has purchased the 184-unit Goldrich & Kest Denver portfolio of HUD subsidized apartments. The portfolio sold for $9.75 mil ($53k/unit). It consists of the following...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Joint Venture Acquires 89-Unit San Jose Apartment Property 7/16/07 Pacific Coast Capital Partners LLC has formed a joint venture with Mill Valley-based TDT Ventures, an affiliate of Thompson/Dorfman Partners, and Bob Talbott for the acquisition and renovation of Cambrian Gardens, an 89-unit ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Financing Notes 7/13/07 ARCS Commercial Mortgage: ARCS Commercial Mortgage Co arranged $44.8 mil in financing for the Highridge Apartments, a 255-unit property in Rancho Palos Verdes. Built 1972, Highridge is a garden-style complex comprised of 10, ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SoCal Apartment Sales Review 7/11/07 HEMET (Riverside County) -- The Riverdale Apartments, a 99.2k sf, 96-unit multifamily complex located at 1250 S. Cawston Ave and 4100 W. Thornton Ave, sold for $10.4 mil ($108.3k/unit). The property, which sits on 2.8 acres o...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SoCal Apartment Sales 7/09/07 WEST LOS ANGELES (Los Angeles County) – A non-rent-controlled, 18-unit apartment property at 1636 S. Barrington was purchased by a private investor for $5.6 mil ($311.1k/unit). Built in 1986, the community was 100 percent occ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Solid Year Predicted for San Diego Apartment Market 7/03/07 The San Diego apartment market is on pace for another solid year, as renter demand remains strong and development continues at a measured pace, according to a first-quarter Apartment Research Report by Marcus & Millichap. A s...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
May CA Home Sales Drop 25% from 2006 7/02/07 The number of homes sold in California for the month of May decreased by 25 percent compared with the same period a year ago, while the median price of an existing home increased 4.8 percent, according to the most recent figu...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Arizona Multifamily Sales Review 6/29/07 San Francisco-based Portico Properties has purchased Lakes at Metro, a 420-unit apartment community in Phoenix, AZ, for $22.85 mil ($54.4k/unit). The property is located at 11050 N. Biltmore Dr near I-17. Built in 1975 and 19...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom Acquires 504-Unit Asset in Georgia 6/28/07 The Bascom Group, out of Irvine, has just acquired another apartment property in Georgia, having purchased Stonebridge on Roswell, a 504-unit community located at 5675 Roswell Rd in Sandy Springs. The property was sold by Sha...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Los Angeles Apartment Sales 6/26/07 LOS ANGELES (Los Angeles County) – BH Properties, out of Beverly Hills, paid $6.1 mil for Harvard Caltempo, a 48-unit ($127.1k/unit) apartment complex at 235 S. Harvard Blvd. Built in 1972, Harvard Caltempo was 100 percent oc...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Archstone Smith Completes $49 Mil Apartment Buy in San Diego Area 6/25/07 Englewood, CO-based Archstone Smith has purchased The Palms of Carmel Valley, a 168-unit apartment complex in San Diego's Carmel Valley area, for $49.3 mil ($293.4k/unit). It is located at 13103 Kellam Ct, one block from Del ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SoCal Apartment Sales 6/22/07 UPLAND (San Bernardino County) – OC-based Sares-Regis Group paid $40.9 mil for Woodlane/Timberlane, a 300-unit apartment community located at 1472-1580 West 8th St. Built in 1973 (phase I) and 1976 (phase II) is comprised of ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|