The property, at 1500 Cherry St., is encumbered by a $29.85 million Freddie Mac loan that's securitized through FREMF, 2017-K725. The loan pays a 3.86 percent coupon and is open to prepayment. Last year, the property generated $2.98 million of ...
Commercial Real Estate Direct Staff Report Gelt Venture Partners LLC has paid $63.15 million, or $505,200/unit, for Union Place, a 125-unit apartment property in Placentia, Calif. The Los Angeles investment firm acquired the property from MG Properties Group in a ...
Staley Point Capital has paid $15 million, or $258.62/sf, for the 58,000-square-foot industrial property at 888 West Crowther Ave. in Placentia, Calif., about 28 miles southeast of Los Angeles. The Los Angeles investment firm was represented in the transaction by ...
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