|
• Investor Spends $32.5 Mil on 236 Res Units in Modesto
7/10/17
A SoCal investor has paid $32.57 mil for two multifamily communities totaling 236 units ($138k/unit) in Modesto. The acquisition consists of The Commons Apartment Homes, a 100-unit community on Standiford Ave, and Summerview ...
|
• Avanath Capital Management Spends $56.5 Mil on Sacramento Res Portofolio
6/19/17
Avanath Capital Management LLC has acquired an affordable housing portfolio of three apartment communities totaling 468 units in Sacramento for $56.5 mil ($121k/unit). The acquisition nearly doubles Avanath’s footprint in the...
|
• Decron Properties and Sequoia Trade Multifamily Assets in $193 Mil Transaction
6/08/17
In an unusual institutional-quality multifamily investment deal, Decron Properties has traded a 264-unit property in Sacramento and cash to Sequoia in a direct exchange for a two-property 504-unit apartment portfolio in Simi ...
|
• Westcore Properties Spends $14.4 Mil on Stockton Industrial Asset
5/26/17
Westcore Properties has acquired a 277.5k sf industrial property in Stockton for $14.43 mil ($52/sf) in an off-market transaction. Located at 1627 Army Ct, approximately one mile west of I-5, the multi-tenant industrial build...
|
• Chico Apartment Portfolio Trades in $51.7 Mil Deal
4/11/17
A portfolio of six apartment properties totaling 410 units in Chico, CA traded hands in a recent $51.7 mil transaction ($126k/unit). The buyer utilized $38.9 mil in Fannie Mae financing to purchase the properties, which are a...
|
• Barker Pacific Group and WHI Real Estate Partners Team up in Sacramento Office Buy
2/08/17
In a recent Sacramento-area office buy, a joint venture between Barker Pacific Group (BPG) and WHI Real Estate Partners (WHIREP) has acquired Olympus Corporate Center, a Class A asset in Roseville, in a deal valued at $33.85 ...
|
• Continental Partners Arranges $21 Mil on Two CA Retail Properties
12/19/16
Continental Partners recently secured $21.4 mil in refinancing for a 152.7k sf shopping center in Sacramento and a 149.6k sf retail property in Los Banos. The borrower is a private real estate investor that specializes in acq...
|
• Sacramento Retail Center Sells for $42 Mil
11/30/16
A subsidiary of NewMark Merrill Companies LLC has purchased Southgate Plaza, a 339.4k sf, grocery-anchored shopping center in Sacramento. The property, located at Florin and Franklin, sold for $42.1 mil ($124/sf).
Southgate...
|
• Pacific Castle Completes Two Property Acquisitions and One Sale in Deals Totaling About $50 Mil
11/29/16
Pacific Castle recently completed three CA transactions totaling more than $50 mil. The deals consisted of two acquisitions and one disposition.
In one of the acquisitions, Pacific Castle purchased Prune Tree Shopping Center...
|
• Westcore Properties Invests $6 Mil in Stockton Industrial Property
11/17/16
Westcore Properties has boosted its portfolio with the recent purchase of a 172.5k sf industrial property in Stockton for $6 mil, or $35/sf. The property, located at 4545 Qantas, was sold by Sacramento-based Friedman Family.
...
|
• Sacramento Area Biz Campus Trades in $70 Mil Deal
11/15/16
Fulcrum Properties closed on a sizable investment buy in the Sacramento area, paying $70 mil for University Research Park, a 17-building campus totaling 304.9k sf ($230/sf) in Davis. The property was 92% percent leased at the...
|
• Roseville Office Property Sells in $27 Mil Deal
11/08/16
A joint venture between Barker Pacific Group (BPG) and WHI Real Estate Partners (WHIREP) has acquired Lava Ridge Business Center, a Class A office asset in Roseville, CA. The property, sold by Utah-based PRI, traded for $27.6...
|
• Latitude Real Estate Investors Closes 220-Unit Sacramento Apartment Buy
10/21/16
In a recent Sacramento multifamily buy, Latitude Real Estate Investors purchased Green Leaf Arbors, a 220-unit, Class B apartment community. The property was sold by Green Leaf Partners.
Located at 2501 Hurley Way, Green Lea...
|
• Trion Properties Collects Over $25 Mil from Sales of Two Sacramento Area Res Properties
10/10/16
Trion Properties has repositioned and sold two multifamily communities in Sacramento in deals worth a combined $25.5 mil. The two dispositions include Sierra Village, a 185-unit garden-style apartment community, and Regalia C...
|
• Elk Grove Retail Property Fetches Almost $500/sf
9/28/16
A 7.1k sf retail property in Elk Grove, CA has sold for $3.51 mil, or $494/sf. The property includes a single-tenant freestanding restaurant building that is NNN-leased to Chicago Fire Pizza, one of the Sacramento region’s to...
|
• Sacramento Area Res Community Trades for $84k/Unit
9/22/16
Sierra Village, a 185-unit, Class B apartment community located in the North Highlands submarket of Sacramento, was purchased for $15.5 mil ($83.8k/unit) by Oracle Properties Development. The asset was sold by Trion Propertie...
|
• Investor Pays Over $27 Mil for Sacramento-Area Multifamily Complex
9/01/16
Gold Ridge Apartments, a 268-unit, Class B apartment community located in the Rancho Cordova submarket of Sacramento, was acquired for $27.4 mil ($102k/unit) by a private investor in a 1031 exchange. It was sold by Oakmont Pr...
|
• Basin Street Properties Picks Up 290k sf Office Campus in Sacramento
8/30/16
Basin Street Properties has acquired Harvard Corporate Center, a Class A, 290.4k sf office complex in Sacramento. The mid-rise campus, sold by USAA, was 96% occupied at time of sale. The purchase was financed with a $31 mil ...
|
• Folsom BIG LOTS Store Getting Lots Bigger
7/21/16
BIG LOTS is nearly doubling the size of its existing store at American River Plaza in Folsom. Currently operating in 23.7k sf of space since 2008, the non-traditional, discount retailer will be expanding this Sacramento Valle...
|
• Capital One Provides $5 Mil Fannie Mae Loan on NoCal Manufactured Housing Community
7/05/16
Capital One provided a $5 mil Fannie Mae fixed-rate loan for the acquisition of Olive Hill Mobile Home Community, a 128-unit manufactured housing community in Oroville, a California city situated north of Sacramento. The 10-y...
|
Return to the Northern California - Sacramento area
