|
• Financing Notes
5/02/06
Irvine-based TMC America has provided $5 mil of equity financing for two condo conversion projects in the greater Los Angeles area. Both projects are being developed by Veritas Real Estate Investments LLC of Los Angeles.
In...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Briefs
4/28/06
LONG BEACH (Los Angeles County) – Villa del Sol, a 56-unit apartment complex located just south of the 405 Fwy and east of the 710 Freeway, has been listed for sale as an open bid with a minimum price of $11.5 mil ($205.4k/un...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Financing Notes
4/27/06
George Smith Partners has arranged $22.3 mil in financing for the development of 400 Harborside, a new waterfront residential condominium project in the historic navy town of Bremerton, Wash, located across Puget Sound from S...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• CA Home Prices Up 13% in March; Sales Down 15%
4/26/06
The latest figures from the California Association of Realtors are out and they show that the median price of an existing home in California increased 13 percent in March, while sales decreased 15.1 percent compared with the ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Santa Monica Apartment Property Sells for $26 Mil
4/25/06
Carmel Partners has acquired the Pico Lanai Apartments, a 174-unit apartment complex located at 2501 S. Pico Blvd, south of the 10 Fwy and a few blocks east of Cloverfield Blvd in Santa Monica. The asset, which fetched $28.12...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• The Acquisition Fund Never Stops in Murrieta
4/20/06
Western National Realty Advisors' $50 mil Fund I, a private equity fund, has acquired a 20-acre parcel of land in Wildomar, a submarket of Riverside County just north of Murrieta in the booming Inland Empire. Western National...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• LA Apartment Sellers Sprenkle Some Sperry Van Ness on Their Deals
4/19/06
In this report we'll take a look at a trio of LA-area apartment sales that were all brokered, at least in part, by Sperry Van Ness, the Irvine-based investment brokerage firm. The transactions were worth a combined $8.34 mil ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Briefs
4/18/06
IDYLLWILD (Riverside County) – A California-based investment group paid $3.2 mil for Royal Pines Estates, a 3-star, 109-space ($29.4k/space) mobile home park located at 26350 Delano Dr. The manufactured community, an all-age ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• West Angeles Community Development and Phoenix Realty Team Up for South LA Condo Pr
4/17/06
West Angeles Community Development Corporation (WACDC) and Phoenix Realty Group (PRG) have acquired a South Los Angeles site, on which the venture plans to develop West Angeles City View Condominiums, a 61-unit, for-sale hous...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Kennedy Wilson and Wachovia Embark on $150 Mil Apartment Adventure
4/13/06
Kennedy Wilson Multifamily Management Group (KW Multifamily) and its joint venture partner, Wachovia Securities, have acquired a portfolio of four apartment assets, three in California and one in Oregon, totaling 1,246 units....
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Bascom Takes Spring Break in Colorado
4/12/06
The Bascom Group LLC, out of Irvine, has recently closed on a pair of acquisitions of Colorado apartment properties, one in Denver and the other in nearby Aurora. Combined, the transactions account for 212 units and a total p...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• April 11, 2006 - SARES*REGIS Group to Develop Condo Project in Irvine Business Complex
4/11/06
SARES*REGIS Group has acquired an industrial building on about 2.1 acres in the Irvine Business Complex and plans to re-develop the property into a condo project slated to contain 110 for-sale units. The site is at 2500 Main ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• A City Within a City is Central Theme to New Vegas Condo Community
4/10/06
Las Vegas Central, an exciting new twin-tower residential condo community in Las Vegas, is scheduled for completion in 2008. Located near the Las Vegas Convention Center, the high-rise development will consist of two 40-story...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Equity Closes $86 Mil Buy in Chula Vista
4/07/06
An entity of Equity Residential, the giant Chicago-based residential REIT, has purchased the Missions at Sunbow, a 336-unit upscale condo rental property in Chula Vista. Located at 825 E. Palomar St, between I-5 and Broadway,...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Briefs
4/06/06
SAN MATEO (San Mateo County) – Taylor Woodrow Homes, out of San Ramon, paid $14 mil for 12.55 acres ($26/sf) of land with a recorded map for the development of a 34-single family home project, to be called Verona Ridge. The l...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• New Mixed-Use Project Springs to Life in Historic Downtown LA
4/05/06
A private investor acquired a three-building portfolio consisting of more than 800k sf of commercial space in downtown Los Angeles for $75 mil. In addition to the three buildings, a 63.7k sf surface parking lot was included ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Pair of Glendale Apartment Properties Fetch $56 Mil
4/04/06
Two multi-family properties in Glendale, both of which are slated for condo conversions, were purchased by Cedar Management, a private investor that paid a combined $56 mil for the two assets. The properties are The Grand Vil...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Demand and Lack of Land Continues to Fuel LA Infill Projects
4/04/06
Here's a recent report from Hanley Wood Market Intelligence that discusses the ongoing trend in the LA area to redevelop infill property sites into denser, live/work-type urban environments that address the population's chang...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• LA Investor Closes $12 Mil Apartment Buy in Hancock Park
4/03/06
A 45-unit luxury apartment community in LA's upscale Hancock Park area was purchased by a local investor for $12.4 mil ($275.6k/unit). The property is at 585 Rossmore Ave, north of Wilshire Blvd between Highland and Western A...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• TMC and Forte Investments to Start Work on New Phases of Coachella Project
3/31/06
Coachella Land 389 LLC plans to start work later this year on phases two through five of the Rancho Las Flores community in Coachella. The new phases encompass a total of 96 acres and will be comprised of 389 single-family ho...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
