REBusiness Online MBK Rental Living has broken ground on Vintage Farms, a 330-unit apartment property in Murrieta, Calif. The Irvine, Calif., developer is building the property at 28749 Clinton Keith Road, about 66 miles north of San Diego. Vintage Farms ...
The Greensboro, N.C., investment manager purchased the property through its Value Add Fund VIII investment vehicle, which closed last June after raising $1.3 billion of capital commitments. The property is encumbered by an $82 million Freddie Mac loan that's securitized ...
Commercial Real Estate Direct Staff Report Bell Partners has paid $146.5 million, or $297,764/unit, for the 492-unit Silverado Apartment Homes in Murrieta, Calif. The Greensboro, N.C., investment manager purchased the property through its Value Add Fund VIII investment vehicle, which ...
Multi-Housing News MG Properties Group has bought the 230-unit Mitchell Place Apartments in Murrieta, Calif., for $78.3 million, or $340,434/unit. The San Diego real estate investment company purchased the complex, at 35995 Mitchell Road, from MBK Rental Living, which had ...
92 percent leased.
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