|
Financing Notes 9/07/04 Fremont Investment & Loan provided a $56 mil loan for Integral Partners' purchase of Piazza Palermo, a 230-unit condominium project located in the Little Italy neighborhood of Downtown San Diego. The loan, which equates to a...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom Checks Into Bellevue 9/03/04 Bascom Northwest Ventures LLC, an affiliate of Irvine-based Bascom Group LLC, has just closed on its third apartment community in the Seattle area, which boosts its portfolio in the region to nearly 1,100 units. The latest ac...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SNK and Captec Team Up in Multifamily Development Venture 9/02/04 SNK Realty Group and Captec Financial Group Inc have joined forces in the creation of SNK Opportunity Partners, LLC, a joint venture with plans to develop at least 15 new multifamily projects coast-to-coast during the next fi...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
San Diego Apartment Market Continues to Sizzle 9/01/04 San Diego County apartment sales hit a 15-year high during the second quarter of 2004, with 350 transactions involving 6,291 units. According to a just released Burnham Real Estate report, this is the highest number of sales...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily News Briefs 8/31/04 WOODLAND HILLS (Los Angeles County) – Wafick Zaky, a private investor, has purchased four separate hillside land parcels in Woodland Hills totaling 7.14 acres for a combined $3.57 mil. Zaky plans on developing 38 single-famil...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
August 30, 2004 - $45 Mil Apartment Sale is a Breeze for CT Realty 8/30/04 Pacific Breeze Apartments, a 280-unit complex in the city of Oceanside, was purchased by a Woodland Hills-based investment group for $44.8 mil ($160k/unit). The buyer, an entity called Oceanside Breeze Ventures LLC, out of Wo...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Crescent Rolls along in Beverly Hills 8/27/04 Construction is underway in Beverly Hills on The Crescent, an upscale mixed-use residential and office complex that represents the first new multifamily project here in over 20 years. Located on the corner of Wilshire Blvd an...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Briefs 8/25/04 OCEAN BEACH (San Diego County) – A California limited liability company paid $5.45 mil ($237k/unit) for the Narragansett Apartments, a 23-unit complex at 5075 Narragansett Ave. Glenn Karp of Coldwell Banker Commercial handled...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Florida Developer to Redevelop Vegas Hotel into Krystle Sands 8/24/04 Tiforp Development Corporation, a major high-rise developer based in Florida, has purchased the Algiers Hotel and Casino in Las Vegas for $27 mil and plans to convert the former hotel into a high-rise luxury condominium compl...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Financing Notes 8/23/04 Los Angeles-based real estate banking firm George Smith Partners (GSP) has secured a $17 mil construction loan on the first office-to-loft conversion project in Los Angeles' Miracle Mile area, a 45k sf, 1961 steel-frame build...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Financing Notes 8/20/04 Buchanan Capital Advisors has arranged a $25 mil construction loan for Del Rey Club, a 203-unit luxury apartment development in the West LA community of Playa del Rey. Palos Verdes Developers, the borrower, was already under...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Transit Village to Open in LA's Koreatown District 8/19/04 MacFarlane Partners and Urban Partners LLC have teamed up in a venture to develop Wilshire Vermont Station, a mixed-use “transit village” to be constructed above an existing MTA Metro Red Line underground rail station in the ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
$7.5 Mil Oceanside Apartment Sale is a Breeze 8/18/04 In this report we'll cover a trio of recent San Diego County apartment sales, the largest of which was in the northern county community of Oceanside, where a private investor paid $7.55 mil for a 72-unit ($104.9k/unit) comple...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Hemet Apartment Buyers are Whispering about Latest $10 Mil Deal 8/17/04 A 144-unit apartment complex in the Inland Empire city of Hemet sold for $10.4 mil, or about $72.2k/unit. The property is the Whispering Apartments, located on 5.5 acres at 201 S. Yale St. It was built in 1969 and consists of...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
August 16, 2004 - Controversial Westside Projects Moving Forward 8/16/04 Over the past couple of months two very controversial projects on the Westside passed major hurdles, enabling them to move forward. In Westwood, what had been a long, protracted battle between community activists and develope...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
O'Donnell/Atkins Lands more Big Land Deals 8/13/04 In this report we'll take a look at some of the latest deal news from O'Donnell/Atkins, the large land brokerage firm based out of Irvine. We'll start in San Jacinto, in Riverside County, where Barratt American acquired 580 s...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The KOR Group Ventures into Eastern Columbia 8/12/04 The KOR Group has acquired the Eastern Columbia Building, a historically significant building in downtown LA, with plans to convert the Art Deco structure into a residential condo development that will add about 140 new housi...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Condo Conversion Craze Making Dent in Multifamily Market 8/11/04 By William Ktsanes, Director of Research and Analysis
RealFacts
This latest column from RealFacts Director of Research William Ktsanes offers a very interesting overview of the current growing condo boom and how it is likely...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Planned 64-Story Luxury Vegas Condo Project is Hard to Trump 8/10/04 Developers are becoming more and more enamored with high density, vertical residential developments in the Southland, and around the country, as demand for additional residential units continues to grow and new sites for pote...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
AvalonBay Purchases Redondo Beach Apartment Community 8/09/04 AvalonBay Communities Inc (NYSE/PCX: AVB) has acquired Esplanade Village, a 105-unit oceanfront apartment community in Redondo Beach, for $24.065 mil ($229.2k/unit). The company has renamed the complex Avalon at Redondo Beac...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|