City: Moreno Valley

Multi-Housing News FPA Multifamily has bought Elevate at Towngate, a 227-unit apartment complex in Moreno Valley, Calif., for $41 million, or $180,617/unit. The San Francisco company purchased the property from Brixton Capital of Solana Beach, Calif., which had bought it ...

Commercial Real Estate Direct Staff Report An affiliate of Persis Corp. has paid $111.69 million, or $161.26/sf, for the 692,600-square-foot industrial property at 17500 Perris Blvd. in Moreno Valley, Calif. The Honolulu company purchased the property from Walgreens, which will ...

Rentv.com CapRock Partners is planning to build CapRock Global Logistics, a 500,000-square-foot industrial property in Moreno Valley, Calif. The Newport Beach, Calif., developer is building the property at the intersection of Freeway 60 and Gilman Springs Road, about 68 miles ...

Dwight Mortgage Trust has provided $36.3 million of financing against the 220-unit Villa Annette Apartments in Moreno Valley, Calif. The loan was used by the owner, Latco Enterprises of San Clemente, Calif., which completed the property last year, to retire ...

Tower 16 Capital Partners has paid $85 million, or $257,575/unit, for the 330-unit Sorelle Apartments in Moreno Valley, Calif. Mesa West Capital provided financing for Tower 16's purchase, which was arranged by NorthMarq. Berkadia brokered the property's sale. The property, ...

CIT Group Inc. has provided $28.2 million of financing for the construction of Via Del Lago, a 135-unit apartment property in Moreno Valley, Calif. Spruce Grove Inc. of Santa Ana, Calif., will break ground this month on the project, at ...

Tower 16 Capital Partners has paid $107.2 million for a pair of apartment properties with 504 units in the fast-growing Riverside County, Calif., city of Moreno Valley, Calif. The two properties, roughly a mile apart, are the Sienna Pointe Apartments, ...

Dwight Capital has provided $23 million of financing under the U.S. Department of Housing and Urban Development's section 223(f) program for the 144-unit Tuscany Hills Apartment Homes in Moreno Valley, Calif. The loan was used to refinance a $15 million ...