JRK Property Holdings Inc. has paid $90.7 million, or $553,048/unit, for Harrison Glendale, a 164-unit apartment property in Glendale, Calif., about nine miles north of Los Angeles. The Los Angeles investment manager purchased the property from an undisclosed Las Vegas ...
Multi Housing News The Milestone Group has acquired The Pavilions at Arrowhead, a 248-unit apartment property in Glendale, Ariz., for $43.3 million, or $174,596/unit. The Dallas investment firm purchased the property, at 7400 West Arrowhead Clubhouse Drive, from Capital Real ...
Multi Housing News S2 Capital LLC has acquired the 408-unit Jerome Apartments in Glendale, Ariz., for $55 million, or $134,804/unit. The Addison, Texas, company funded the acquisition with a three-year, $47.2 million loan from Benefit Street Partners. An undisclosed family ...
Multi-Housing News Rise48 Equity has bought the 116-unit Paseo 51 apartments in Glendale, Ariz., for $15.5 million, or $133,620/unit. The Scottsdale, Ariz., real estate investment company purchased the seven-building property, at 5215 West Peoria Ave., from Benedict Canyon Equities, which ...
Metro at Zanjero apartments The sale was financed with a $49.9 million loan from Prime Finance Partners of Chicago.
Cherry Creek Plaza office property To fund its purchase, TerraCap has lined up a $45.58 million loan, with a three-year term, from NXT Capital Investment Advisers LLC. The property previously was encumbered by a $27.35 million loan from the Wrightwood ...
Glen Apartments The purchase was financed with a $16.5 million Freddie Mac Loan.
LivCor has bought the 240-unit Solis at Towne Center apartments in the Phoenix suburb of Glendale, Ariz., for $43 million, or $179,167/unit. As part of the deal, LivCor assumed a $20.2 million loan that was provided by Allstate. The loan ...
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