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Universe Holdings has paid $53.37 million, or $333,562/unit, for the 160-unit Stonegate Apartments in Riverside, Calif. The Los Angeles investment firm purchased the property from Pacific Living Properties, which was represented by Marcus & Millichap's Institutional Property Advisors unit. JLL, ...
A Los Angeles investor group has paid $60 million, or $425,531/unit, for Raincross Promenade, a 141-unit apartment property in Riverside, Calif. Northmarq brokered the deal on behalf of the seller, Regional Properties Inc. of Beverly Hills, Calif. The property was ...
The property is encumbered by a $16.4 million Freddie Mac loan that's securitized through FREMF, 2018-K1508. The loan pays a 4.7 percent coupon and is locked out from prepayment until June 2033, three months before it matures.
Interwest Capital Group LLC has paid $36 million, or $281,250/unit, for the 128-unit Renew Riverside Apartments in Riverside, Calif. The San Diego real estate investment private equity firm purchased the property, which will be rebranded Veranda Riverside, from FPA Multifamily ...
Lecangs LLC, a subsidiary of Loctek Ergonomic Technology Corp., has agreed to fully lease the 1.2 million-square-foot industrial property that is being built at 728 West Rider St. in Perris, Calif., about 65 miles east of Los Angeles. The logistics ...
Interstate Equities Corp. has paid $39.75 million, or $334,033/unit, for Ocean Villas, a 119-unit apartment property in Oxnard, Calif. The Los Altos, Calif., investment and management firm purchased the property from Montgomery Partners of Mill Valley, Calif., in a deal ...
Sacramento Business Journal An affiliate of Exeter Property Group has paid $15.8 million, or $145.70/sf, for the 108,441-square-foot industrial property at 11380 White Rock Road in Rancho Cordova, Calif. The Conshohocken, Pa., investment manager purchased the property from Corsair Management ...
Vertical Ventures Capital LLC has paid $20.3 million, or $146/sf, for the 139,015-square-foot Moreno Corporate Center industrial/flex property in Moreno Valley, Calif. The Walnut Creek, Calif., investment manager bought the five-building property, at 14300, 14320 and 14340 Elsworth St. and ...
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