|
Property Management Notes 11/15/06 Keystone Pacific Property Management Inc has been awarded the property management contract for Irvine Community Development Company's new residential community, Portola Springs. Located in Irvine, the 2,600-acre development ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom and Warburg Pincus Team Up in Joint Venture 11/14/06 The Bascom Group and Warburg Pincus Real Estate I L.P have formed a joint venture to invest up to $200 mil in non-performing loans and distressed multi-family properties. The venture, which will purchase both non-performing a...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Sales Review 11/13/06 PANORAMA CITY (Los Angeles County) Landmark Realty, out of Sherman Oaks, purchased Roscoe Apartments, a 31-unit rent-controlled property at 14931 Roscoe Blvd, for $3.65 mil ($117.8k/unit). Originally built in 1961, the asse...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Rob Clark: Hip, Urban West LA Living. Yet Priced for the Working Man 11/10/06 A former garden-style apartment building from the 1970s in West Hollywood has been transformed into a unique residential condo residence offering 100 units ranging from studios on up to spacious two-bedroom units. Located adj...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Barstow Residents to Get a Nice Riverview 11/09/06 Riverview Apartments, a new 80-unit affordable housing community in the city of Barstow, opened it doors with a grand opening celebration on October 24. The project, located at 200 N. Yucca Ave, was developed by a partnership...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom Picks Up 1,348 Units in Arizona 11/08/06 Bascom Arizona Ventures LLC recently acquired a five-property portfolio in Tucson, totaling 1,348 units, for $49.45 mil ($36.7k/unit). With these latest purchases, the company has exceeded $408 mil in acquisitions over the la...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Sales Review 11/07/06 HENDERSON, NV (Clark County) An LA-based private investor purchased Napa Valley Apartments, a 240-unit, Class A apartment community at 1349 W. Horizon Ridge Pkwy, near I-215, for $32.6 mil. The transaction is reported to ha...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Rents Continue to Grow as Five Markets Reach 11/06/06 By Caroline Latham
CEO, RealFacts
The results of third quarter data just released by RealFacts reveal overall continued rent growth on a national basis, with five markets standing out at above 7%. Leading the way at 10.4% a...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Sales Review 11/03/06 WALNUT CREEK and SAMMAMISH, WA (Alameda and King Counties) BayConn LLC, out of New York, collected $112.4 mil from the sale of a two-property, 626-unit apartment portfolio. In one of the deals, Archstone-Smith acquired Bay ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
$157 Mil Community Planned for Ridgecrest 11/02/06 Craig L. Byrne & Co Inc hopes to break ground next year on a master-planned community in the Inland Empire city of Ridgecrest, to be called On the Park. The $157 mil project is located on 110 acres at the corner of College ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom Joins the Country Club Set in Colorado 11/01/06 The Bascom Group, out of Irvine, closed on a sizable Colorado purchase, having paid $34.65 mil for Country Club at Saddle Rock, a 312-unit ($111k/unit) luxury apartment complex located at 21904 East Ontario Dr in the city of ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
C.A.R. Forecasts a 2% Price Drop for CA Homes in 2007 10/31/06 Look for home prices in California to drop a bit next year, while the sales pace is expected to also decrease, as the market goes through a stabilization period in 2007. At least that's the opinion of the CALIFORNIA ASSOCIATI...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Cendant Group Acquires Mission Valley Asset for Timeshare Conversion 10/30/06 Trendwest Resorts purchased Oakwood Mission Valley, a 170-unit apartment property in San Diego's Mission Valley, for $32.8 mil ($193k/unit). The buyer is a division of Cendant Timeshare Resort Group, which intends to convert ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
September CA Sales Drop 31.7% from 2005 10/27/06 Sales of homes in California dropped a hefty 31.7% in September compared with the same period one year earlier, while the median price of an existing home managed to eke out a 1.8% increase over the prior year, according to t...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Planned San Francisco Res Tower Expected to Fetch Close to $2,000/sf 10/27/06 The residential condo tower boom in San Francisco still appears to have a lot of steam left, and one developer looking to keep that going for a while is Don Peebles, who has plans to create a super-luxury high-rise in the cit...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Starpoint Acquires 10 LA Apartment Properties 10/26/06 LA-based StarPoint Properties LLC has acquired a portfolio of 10 LA-area apartment properties for a combined total of $86 mil. The properties, located in Los Angeles (1 building), Granada Hills (1), Van Nuys (2), North Hollyw...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Sales Review 10/25/06 TUCSON, AZ (Pima County) Bascom Arizona Ventures paid $15.9 mil for Meridian East, a 314-unit ($50.6k/unit) apartment community located at 8110 E. Speedway Blvd. Art Wadlund handled negotiations for the buyer and the seller...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Valley Associates Closes $48 Mil Valley Apartment Buy 10/24/06 Valley Associates LLC acquired eight separate apartment complexes in the San Fernando Valley, totaling 400 units, in an off-market transaction valued at $48.36 mil, or about $120.9k/unit. The properties are located at: 6101 -...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
New San Pedro Res Project Gets Underway 10/23/06 Vue, a $175 mil, 16-story luxury condominium being developed by Galaxy Commercial Holding in San Pedro, commemorated the start of construction with a concrete pouring ceremony on October 12 at the development site. The event ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
North Beach Apartment Building Fetches $330k/Unit 10/20/06 Two San Francisco private investors acquired St. Ann's Apartments, a nine-unit, 8.3k sf apartment building at 770 Filbert St, in the heart of San Francisco's North Beach area, for $2.975 mil ($330.6k/unit). The asset was sold...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|