City: Sacramento

Oakmont Properties has paid $118 million, or $425,992/unit, for the 277-unit Press at Midtown Quarter apartments in Sacramento, Calif. The Folsom, Calif., investor bought the property, at 1714 21st St., from a venture of DeBartolo Development and SKK Developments. The ...

REBusiness Online Abacus Capital Group has sold the 126-unit Davenport Apartments in Sacramento, Calif., for $22.5 million, or $178,571/unit. CBRE brokered the deal on behalf of the seller. The buyer was not identified. Abacus Capital, a New York real estate ...

Multi-Housing News Graceada Partners has bought the 148-unit Westlake Apartments in Sacramento, Calif., for $23.5 million, or $158,783/unit. The Modesto, Calif., investment company purchased the property, which sits on six acres at 1 Shoal Court in the city's Pocket neighborhood, ...

Rentv.com Davies Torrance Trust has bought a 63,200-square-foot office building at 11919 Foundation Place in Gold River, Calif., for $14.3 million, or about $226.27/sf. The Oakland, Calif., trust purchased the Gold Pointe Corporate Center Building E from Carlsen Investments LLC, ...

Rentv.com Bridge Investment Group has bought the 339-unit Fountains at Point West apartments in Sacramento, Calif., for $85.15 million, or $251,179/unit. The Salt Lake City real estate investment company purchased the complex, at 1761 Heritage Lane, from Oakmont Properties, which ...

MG Properties Group has bought the 270-unit Landing at College Square apartments at 7640 West Stockton Way in Sacramento for $64.75 million, or $239,814/unit. The San Diego investor purchased the complex from Oakmont Properties of San Rafael, Calif., which was ...

Chicago Business Journal Arbor Lodging Partners has bought a pair of Hilton Garden Inn hotels in suburban Sacramento, Calif., for a combined $37 million. BRE Select Hotel Properties was the seller. Arbor, a Chicago hotel investor, paid $23.3 million, or ...