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The property's sale was arranged by the Mogharebi Group of Costa Mesa, Calif. It had been owned by 11 Capital LLC of Kirkland, Wash. The buyer's identity could not be learned immediately. It was described as an investor group based ...
The Victor, a 232-unit apartment property at 1577 East Bulldog Lane in Fresno, Calif., has changed hands for $30 million, or $129,310/unit. The property's sale was arranged by the Mogharebi Group of Costa Mesa, Calif. It had been owned by ...
Birch Commons is encumbered by a $5.84 million Fannie Mae loan that's securitized through FNA, 2015-M15. The loan pays a 4.52 percent coupon and is locked out from prepayment until January 2025, according to servicer data compiled by Trepp Inc.
Commercial Real Estate Direct Staff Report An affiliate of Raj Properties has paid $14.75 million, or $301,020/unit, for Birch Commons, a 49-unit apartment property in Fresno, Calif. The Berkeley, Calif., management company purchased the property from its developer, Ginder Development ...
STAG Industrial Inc. has paid $30.04 million, for $128.49/sf, for the 233,800-square-foot industrial property at 2624 East Edgar Ave. in Fresno, Calif. The Boston REIT purchased the property from Caro Nut, which will continue to lease the property and was ...
A Santa Barbara, Calif., investor group has paid $30.65 million, or $239,453/unit, for ReNew Visalia, a 128-unit apartment property in Visalia, Calif. The property was sold by FPA Multifamily of San Francisco, which was represented by Mogharebi Group of Costa ...
Greg Vujnov has been named chief operating officer of Wood Investments Cos., a Costa Mesa, Calif., retail property investor. Vujnov joins the company, which owns 18 retail properties in Southern California, from Lewis Group of Cos., an Upland, Calif., owner ...
Dwight Capital has provided $21.4 million of financing under the U.S. Department of Housing and Urban Development's section 223(f) program for the Meridian Luxury Apartments, a 160-unit property in Fresno, Calif. Proceeds from the loan are being used to retire ...
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