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NGKF Facilitates Goodwill’s Move to Tustin
By Adriana Pop, Associate Editor Goodwill of Orange County will be moving its retail distribution center to a newly leased 154,040-square-foot warehouse building at 1231 Warner Ave. in Tustin. 1231...
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Veranda at RiverPark Edges Community Closer to Completion
By Alex Girda, Associate Editor K. Hovnanian Companies of California recently broke ground on its latest residential project in Ventura County. Veranda at RiverPark was funded by Presidio Residential...
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Southern California Multifamily Asset Sells for $78.5M
By Adriana Pop, Associate Editor Promenade Terrace, a 330-unit multifamily community located in Corona, Calif. has recently changed hands for $78.5 million, or approximately $238,000 per unit....
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Berkadia Arranges Sale of Two L.A. Multifamily Assets
By Alex Girda, Associate Editor The L.A. multifamily properties known as Catalina Apartments and Hobart Apartments were recently sold for a combined $12.1 million. The transaction was arranged by...
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Hollywood Micro Apartments Tempt Investors
By Alex Girda, Associate Editor Gershwin Apartments is now under the ownership of a venture between Massie Capital and Glenn & Shannon Dellimore, following a $25 million transaction. The buyer...
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DEAL OF THE DAY: USC Student Housing Portfolio Switches Majors
By Alex Girda, Associate Editor Los Angeles—A joint venture between Stuho and Cambridge Capital Advisors recently completed the purchase of a student-housing community near the north campus of the...
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Land Deal Foreshadows Development Project in Hollywood
By Alex Girda, Associate Editor AvalonBay recently acquired a high profile patch of land on Santa Monica Boulevard for a reported $99 million. The acquisition was arranged by a CBRE Capital Markets...
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Buyer Finds El Dorado in Sherman Oaks
By Alex Girda, Associate Editor A Sherman Oaks condo property recently traded hands in a deal worth $19.5 million. Acquired by an international buyer from the property’s Florida-based owner and...
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Central Coast Student Housing Asset Acquisition Showcases Market Demand
By Alex Girda, Associate Editor A garden-style student housing complex in San Luis Obispo was recently acquired, following a successful financing operation. Buyer Reliant Group received acquisition...
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Berkadia Arranges Sale of Multifamily Asset in Moreno Valley
By Adriana Pop, Associate Editor Bridge Investment Group LLC of Salt Lake City has expanded its Inland Empire multifamily portfolio with the acquisition of The Reserve at Rancho Belago, a 176-unit...
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