|
Who are You Calling Average? 2/10/04 By Caroline S. Latham
CEO, RealFacts
Average is usually considered to be a pejorative adjective. If I called your favorite NBA team average, you would be annoyed; and who doesn't want to live in Garrison Keillor's Lake Wobeg...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Upscale Rancho Cucamonga Apartment Complex Opens Its Doors 2/09/04 Barrington Place, a new upscale apartment development has just opened its doors in the Inland Empire city of Rancho Cucamonga. Developed by Empire Commercial Real Estate, Barrington Place is a 420-unit, $50 mil dollar luxury ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Opus West and Geoffrey H. Edmunds to Build Twin Towers in Irvine 2/06/04 In a move that will bring the popular trend of building new luxury high-rise residential towers in urban areas to the master-planned city of Irvine, a development partnership of Opus West Corp and Geoffrey H. Edmunds & Associ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Multifamily Notes 2/05/04 ALAMEDA (Alameda County) – Warmington Homes has begun construction on the 485-unit Bayport residential development, situated on land formerly occupied by the U.S. Navy. The site, which is part of an 87-acre redevelopment proj...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bay Area Apartment Buyers Head for the Hills 2/04/04 A San Francisco-based investment partnership paid $28 mil for Lombard Place Apartments, a 109-unit ($256.9k/unit) three-building community in San Francisco's Russian Hill district. The buildings make up one of the largest mul...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Downtown LA's Historic Brockman Building to be Converted to Residential Units 2/03/04 Adding to the rapidly accelerating trend of redeveloping old downtown LA office buildings into mixed-use residential projects, a partnership comprised of Urban Pacific Builders LLC of Long Beach and West Millennium Homes Inc ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Archstone Creating a Legacy in Studio City 2/02/04 In a large LA-area apartment sale from a couple of weeks ago, Archstone-Smith Trust purchased the Legacy at Studio City apartments, a 276-unit complex in an upscale part of the San Fernando Valley, for $84.5 mil, or a stagger...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Survey Shows Declining Occupancy Levels in Majority of Major Western US Markets 1/30/04 This most recent column by RealFacts Research Analyst William Ktsanes offers a better idea about apartment occupancy trends throughout the Western United States. RealFacts, based out of the Bay Area city of Novato, is a recog...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Hendricks not Slowed by Purple Haze, Keeps Racking up Deals 1/29/04 We cannot keep up with all of the multifamily sales transactions being completed by the brokers at two companies in particular -- Hendricks & Partners and Sperry Van Ness. Perhaps there are other firms racking up similar numb...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Hanover/Kennedy Wilson Partnership Spears Arrowhead Apartments 1/28/04 An affiliate of Hanover Financial Company acquired Arrowhead Apartments, a 168-unit complex in the Orange County city of Stanton, as part of an investment partnership. The buyer, KW Stanton LLC, a joint venture between Hanove...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Orange County Investor Gambles $66 Mil at the Villaggio 1/27/04 Statewide Acquisition Corp, an Orange County investment entity, paid $65.7 mil for a 368-unit ($178.5k/unit) Rancho Bernardo apartment complex, which it intends to convert to condominiums. The property, called Villaggio, is l...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
SoCal Apartment Sales Review 1/26/04 PALM SPRINGS (Riverside County) – The Kor Hotel Group has closed a $1.675 mil purchase of La Serena Villas, an historic inn at 339 South Belardo Rd. The property contains 17 units ($98.5k/unit) ranging from single-night hotel...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Orange County Investor Enjoys Bay Breeze 1/23/04 Here's a hat trick of recent SoCal apartment deals brokered by Sperry Van Ness (SVN), with the transactions being located in the Inland Empire, Orange County and the San Fernando Valley. The largest of the three transactions ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Costa Mesa Complex Sells for $138k/Unit 1/22/04 Here's a nice-sized Orange County apartment comp to kick off the year. Richmond, VA-based United Dominion Realty Trust paid $14.35 mil for the Missions at Back Bay apartments, a 104-unit ($138k/unit) complex located at 1330 S...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
The Big December Multi-Family Deals We Missed 1/21/04 We sure have been putting out more and more multifamily news articles over the past few months, but no one can get it all. But in our attempt to try, at least for the big stuff, we'll give credit to the various business journ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Investors to Dip into $215 Mil Carmel Fund 1/21/04 San Francisco-based Carmel Partners Inc secured $215 mil in equity commitments to invest in apartment properties primarily in the Western U.S., including the San Francisco Bay Area and Sacramento. Company officers estimate th...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Projects West Heads into Reseda and Redlands 1/20/04 Calabasas-based Projects West Construction has begun work on two new SoCal multi-family projects totaling 140 units. The projects, Valerio at Reseda in Reseda and Cypress Villas in Redlands, have a combined contract value of ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
NoCal Financing Notes 1/14/04 Calabasas-based ARCS Commercial Mortgage Co just closed a $91 mil funding for a portfolio of multifamily properties in Northern California. The portfolio consisted of a total of nine properties totaling 1554 units in Sunnyval...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
JMI Sells New 346-Unit Luxury Apartment Development 1/13/04 An investment partnership closed on a $58.5 mil multifamily acquisition in the Ocean View Hills area of San Diego by purchasing Casoleil, a new 346-unit ($169.1k/unit) luxury apartment community located at 110 Dennery Rd. Cas...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|
Bascom Closes Out the Year with another $43 Mil of SoCal Apartments 1/12/04 Only a couple days after we reported about Bascom Northwest Ventures' $6.125 mil purchase of a Fremont apartment complex, we've got news of a pair of larger SoCal multifamily acquisitions by the Irvine-based investment firm. ...
Price: $3.99 Executive Subscriber Price: Free |
more » |
|