City: Fresno
Birch Commons
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.
Raj Properties Affiliate Buys Fresno, Calif., Apartments for $14.75Mln
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 Pays $30.04Mln for Fresno, Calif., Industrial Property
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 ...
128-Unit Apartment Property in Visalia, Calif., Trades Hands
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 Named Chief Operating Officer of Calif. Retail Property Owner
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 Writes $21.4Mln HUD Loan Against Fresno, Calif., Apartments
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 ...
Mosaic Real Estate Lends $68.75Mln for Merced, Calif., Student Housing
An affiliate of Mosaic Real Estate Credit has provided $68.75 million of financing to fund the construction of Merced Station, a 270-unit student-housing property two miles from the campus of the University of California Merced in Merced, Calif. The loan ...
Bascom, Artemis Buy 248-Unit Apartment Property in Fresno, Calif., for $35Mln
REBusiness Online The Bascom Group has partnered with Artemis Real Estate Partners to buy the 248-unit Phoenix Townhomes at 5355 North Valentine Ave. in Fresno, Calif., for $35 million, or $141,129/unit. The seller was not disclosed. The property, which was ...
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