|
• Multifamily Deal Notes
6/15/04
POWAY (San Diego County) – Canyon View Apartments, a 44-unit complex in Poway, was sold for $8.7 Mil ($197.7k/unit). The two-story, 37.7k sf property is located on 1.66 acres at 12719-12745 Robison Blvd. The buyer, WGA Robiso...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Intracorp Goes with New Platinum Triangle Offense in Anaheim
6/14/04
Looking to capitalize on what they hope will be a brand emergence of Platinum Triangle, the area around Edison Field in Anaheim, Intracorp, out of Newport Beach, has bought a four-acre, underperforming corner retail site that...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Briefs
6/11/04
WEST COVINA (Los Angeles County) – A San Diego-based investor paid $13.5 mil for South Hills, an 85-unit ($158.8k/unit) complex at 2928 East Virginia in the San Gabriel Valley city of West Covina. The seller was The Bascom Gr...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Big $106 Mil Sale in Little Italy
6/10/04
Irvine-based K. Hovnanian Companies acquired a just-completed 382-unit condo project called Acqua Vista in downtown San Diego. Hovnanian paid $106 mil ($277.5k/unit) for the property, which was sold by Watt Commercial Propert...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• SoCal Multifamily Notes
6/04/04
ORANGE (Orange County) – A Newport Beach investor paid $19 mil for Strada, a 130-unit ($146.2k/unit) apartment community at 175 North Feldner Rd. The seller was Newport Beach-based CT Realty. Joe Leon, Peter Hauser and Brian ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Planned Residential Project to Tower over Richmond's Waterfront
6/03/04
A partnership of Simeon Commercial Properties and Cherokee Investment Partners is looking to develop a condo high-rise project as part of the massive Campus Bay development on Richmond's waterfront. According to a recent arti...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Pacifica Uncovers $47 Mil at Pirate's Cove and Waterford Park
6/02/04
San Diego-based Pacifica Companies has obtained $47.8 mil in loans to finance the acquisition and condominium conversions of Pirate's Cove and Waterford Park, two garden-style apartment communities located in Las Vegas. The f...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• California Multifamily Notes
6/01/04
CARMICHAEL (Sacramento County) – A pair of Bay Area private investors paid $3.9 mil for Madison Oaks Apartments, a 40-unit ($97.5k/unit) complex at 5216 Garfield Ave. The two-story, four-building complex was built in the 1980...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Another Exciting Residential Conversion from LA's Central Kor
5/27/04
The renaissance in downtown Los Angeles continues to pick up steam, as we've got news of another exciting redevelopment project that will bring more residential units to LA's central city. The Kor Group has announced plans to...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• REITs Reposition to Capture Future Growth
5/26/04
By William Ktsanes, Director of Research and Analysis
RealFacts
Low cap rates and a flood of investment capital into real estate have given apartment owners an opportunity to adjust their portfolios. Our data confirm finding...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Granite Invests Solid $25 Mil in Santa Ana Apartment Property
5/25/04
The multifamily pros at Hendricks & Partners keep closing apartment deals here in the Southland. Here's a quick recap of four recent transactions. The largest was in Santa Ana, where Irvine-based Granite Investment Group paid...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Bascom Docks $26 Mil at Harbor Cove
5/24/04
The Bascom Group just closed on a $26 mil SoCal apartment buy, having acquired the Harbor Cove Apartments, a 161-unit ($161.5k/unit) oceanfront community in Redondo Beach. The complex is located at 211 Yacht Club Way, by Harb...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Lennar Looking to Redevelop Irvine Site into Multifamily Housing
5/21/04
Irvine businesses should start planning for a lot of new neighbors, as the move to build new multi-unit housing within this business-oriented city is picking up steam. Pulling some headline news from a recent edition of the O...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Financing Notes
5/20/04
Mountain Funding LLC has acquired a 50% participation in a $13.725 mil mezzanine loan previously originated by Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services for The Mills at Cortez Hill, a 133...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Here's an Opportunity to Park $12 Mil in Park Murietta
5/19/04
Park Murietta, a 33-unit luxury condo complex in the San Fernando Valley community of Sherman Oaks has been put on the market with an asking price of $12 mil, or roughly $363.5k/unit. The property is located at 4532 Murrieta ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Notes
5/17/04
WALNUT (Orange County) – An 18.26-acre parcel of raw land in the city of Walnut traded hands for $4 mil, or about $5/sf. The land, which was purchased by a local unnamed municipality, is currently zoned for low-density reside...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Eagle Soars after $56 Mil Sale of Ontario Apartment Portfolio
5/14/04
Eagle Real Estate Group has sold its five-property, 589-unit Ontario portfolio to Invesco/Beneke Krieg for $56.3 mil ($95.6k/unit). In 39 months, Eagle produced an annual return for its equity partner of 28.33%, for an overal...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Multifamily Notes
5/12/04
SAN DIEGO (San Diego County) – A San Diego-based investment entity paid $27.5 mil for Cumberland, a 144-unit ($191k/unit) apartment property at 8213 Jade Coast Rd in San Diego. Steve Huffman, Jules Arthur and Dick Bassett of ...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• The Natural Rate of Vacancy
5/11/04
By William Ktsanes, Director or Research and Analysis
RealFacts
After releasing our 1st quarter 2004 data last month we naturally fielded questions about apartment occupancy levels. While most people knew occupancy changes c...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
• Van Nuys Seniors Complex Listed for $18.5 Mil
5/05/04
With apartment properties being in considerable demand of late, we though you might be interested in a couple of recent SoCal listings in the $10 mil - $20 mil range. The listings, which are both being marketed by Marcus & Mi...
Price: $3.99
Executive Subscriber Price: Free
|
more » |
|
Return to the Multifamily area
