Commercial Real Estate Direct Staff Report JLL Capital Markets has arranged $35 million of mortgage financing against Ocean Hills Senior Living, a 216-unit seniors-housing property in Oceanside, Calif. The loan, provided by a regional bank, pays a fixed coupon over ...
The Phoenix investor sold the property, at 4120-4196 Oceanside Blvd., to a limited-liability company formed by Lotfi Mehdian, a Beverly Hills, Calif., investor. Last year, the property was 92 percent occupied and had generated $2.08 million of net operating income, ...
Commercial Real Estate Direct Staff Report A&C Properties has sold the 65,054-square-foot Plaza Rancho Del Oro retail center in Oceanside, Calif., for $34.31 million, or $527.41/sf. The Phoenix investor sold the property, at 4120-4196 Oceanside Blvd., to a limited-liability company ...
Retail Opportunity Investments Corp. has sold Marketplace del Rio, a 183,292-square-foot retail center in Oceanside, Calif., for $56.6 million, or $308.80/sf. The San Diego REIT sold the property to a Southern California high net-worth investor who was represented by CBRE. ...
ConnectCRE Lightstone Capital has provided $29 million of financing against SALT Oceanside, a 52-unit apartment property in Oceanside, Calif. The financing takes out a $21.3 million loan that PGIM Real Estate had provided in 2021. A venture of Pelican Communities of ...
Times of San Diego Sudberry Properties has broken ground on Luma at El Corazon, a 268-unit apartment property in Oceanside, Calif. The San Diego developer is building the property at 3546 Village Commercial Drive, about 40 miles north of San ...
The Chicago company purchased the property from Ideal Capital Group of Clovis, Calif., which had acquired it in 2019 for $66.25 million. The new financing retires a $49.7 million Freddie Mac loan that's securitized through FREMF, 2020-KI06. The retired loan ...
Investment firm 29th Street Capital has paid $97.5 million, or $406,250/unit, for the 240-unit Sunterra Apartments in Oceanside, Calif. The Chicago company purchased the property from Ideal Capital Group of Clovis, Calif., which had acquired it in 2019 for $66.25 ...
Multi-Housing News Wood Partners has broken ground on Alta Oceanside, a 309-unit apartment property in Oceanside, Calif. The Atlanta developer is building the property on a 5.3-acre site at 1015 North Coast Highway, about 40 miles north of downtown San ...
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