|
Multifamily Briefs 4/29/05 INLAND EMPIRE (Riverside and San Bernardino Counties) – A 324-unit, three-property multifamily portfolio has been listed with Chris Hameetman of Century American Realty Inc. The portfolio consists of: a 104-unit condo-mapped ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
LA Area Multifamily Briefs 4/28/05 MARINA DEL REY (Los Angeles County) – The Greenwich Group provided $39.2 mil in development financing for the Marina Loft Condominium project, located at 4080-4092 Glencoe Ave. The four-story residential project will contain ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Statewide Search Turns Up 56-Unit Property in Dublin 4/27/05 Statewide Development paid $15.8 mil for Cross Creek Apartment Homes, a 56-unit ($282.1k/unit) multifamily property in the East Bay city of Dublin. Located at 7130 Cross Creek Circle, the garden-style community is comprised o...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Apartment Rental Rates Remain Listless 4/25/05 By Caroline Latham
CEO
RealFacts
In most of the western half of the United States, the cost of renting an apartment remained unchanged in the first quarter of 2005. Our study of more than 11,000 apartment complexes, carried ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Here's the Lowe-Down on $21 Mil Lake Tahoe Resort Conversion 4/22/05 The Resort at Squaw Creek, a popular Lake Tahoe resort, has been converted into a condominium hotel with 238 condo units, while still maintaining the property as a fully operational guest resort. The $21 mil renovation and re...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Silverlake Loft Project a Creative Conversion 4/21/05 Creative Environments of Hollywood (CEH) recently acquired a 24k sf industrial building in LA's Silverlake area that the company intends to redevelop into a 31-unit live/work project. The property, a former laundry facility,...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Condo-Mania Leads to Record Apartment Price Jump in San Diego for 2004 4/20/05 Driven by the condo conversion frenzy, sales prices for San Diego County apartment properties jumped by a record 35 percent last year. The average price per unit climbed from $123,152 in 2003 to $166,153 by year-end 2004, ac...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Mira Mira on the Wall, which Mira Mesa Eight-Unit Building is the Fairest of All? 4/19/05 Two neighboring Mira Mesa apartment complexes, located at 8757 and 8787 Mira Mesa Blvd, sold for approximately $2.3 mil. Situated about midway between Camino Ruiz and Black Mountain Rd, both properties contain eight units. Th...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
H.G. Fenton Sharpens Apartment Portfolio with $71 Mil Sabre Springs Buy 4/18/05 San Diego-based H.G. Fenton Company has acquired two apartment properties with a total of 272 units in the Sabre Springs area -- the Evening Creek and Creek View apartment communities -- for a combined total of $71.48 mil ($2...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Apartment Buyer Becomes a Village Person 4/15/05 A West Covina-based private investor paid $3.67 mil for Village Apartments, a 32-unit ($114.7k/unit) multifamily property in Santa Ana. The six-building property is located at 553 – 585 Tustin Ave, north of 1st St between the...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Investment Partnership Checks into San Diego's Southern Hotel 4/14/05 An investment partnership paid $4.5 mil for the Southern Hotel, a five-story hotel property on a 10k sf lot at 611-617 B St and 1153-1165 Sixth Ave in downtown San Diego. The 88-room hotel is on the top floors of the building...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Briefs 4/13/05 MENIFEE (Riverside County) -- Pardee Homes, an LA-based residential builder and real estate developer, purchased 240 acres, while Donahue Schriber, an Orange County Retail REIT, acquired an adjacent 68-acre retail site at the...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
New Res Tower to Electra-fy San Diego's Skyline 4/12/05 Construction work is underway on what will be San Diego's tallest residential tower, a 43-story high-rise being built by Bosa Development. Called Electra, the tower is being constructed atop, yes atop, the city's historic Sta...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Briefs 4/08/05 SAN BERNARDINO (San Bernardino County) – Cypress Equity Real Estate, out of LA, paid $15.2 mil for the Park Heights Apartments, a 192-unit ($79.2k/unit) complex at 2001 Arden Ave. The property, which is located near schools, ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
San Diego Apartment Investors Reach New Heights 4/07/05 An 86-unit apartment complex in east San Diego was acquired by a California limited liability company for $11.95 mil, or about $139k/unit. The property, which is known as the Ridge at San Diego, is located at 4641-4677 Home A...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily sets Multi-Records in San Diego for 2004 4/06/05 Multifamily investment in San Diego County is booming. In 2004, the county set a 19-year record for the number of San Diego County apartment units sold and a 15-year record for the number of actual sales transactions, accordi...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Passco Closes Second Big Phoenix Apartment Buy 4/04/05 Irvine-based Passco Real Estate Enterprises has wrapped up its second big Phoenix Tenant-In-Common buy, having paid $40.5 mil for Alanza Place, a 360-unit ($112.5k/unit) complex that was purchased from TCR Belleview Holdings ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom's Arizona Ventures Grabs 432-Unit Inglewood Complex 3/31/05 Bascom Arizona Ventures, a division of The Bascom Group, out of Irvine, purchased Inglewood Village Apartments, a 432-unit complex located at 1050 South Longmore St in the City of Mesa. Bascom Arizona, which completed the acq...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
March 29, 2005 - Multifamily Briefs 3/29/05 CHINO: The 105-unit apartment community called Marbella Villa was bought by Papago Peaks LLC, based out of Newport Beach, for $13.5 mil ($128.6k/unit). The property is located at 11819 Central Ave and was sold by Marbella, LL...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Escondido Complex Sells for $16 Mil; to be Converted to Condos 3/28/05 A 123-unit Escondido apartment complex is about to be converted to condos, after being acquired by a California limited partnership for $16 mil ($130k/unit). The property is the River Village apartments, located at 1845 N. Br...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|