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Rentv.com An investment group led by construction executive Kurt Hilbers has bought the 57,400-square-foot Strawberry Creek shopping center in Sacramento, Calif., for $20.95 million, or $364.98/sf. The Yuba City, Calif., group purchased the retail property, at 822 Bruceville Road, from ...
Multi-Housing News SMG Investment has sold the 130-unit Regency Apartments in Sacramento, Calif., for $15.8 million, or $121,538/unit. The Mogharebi Group represented SMG in the transaction. The buyer was not disclosed. The sale was financed with a $12.8 million Freddie ...
Commercial Real Estate Direct Staff Report Fairbourne Partners has paid $56 million, or $197.65/sf, for a 283,341-square-foot component of the 666,000-sf Promenade at Sacramento retail center in Sacramento, Calif. The Chicago investment firm, formed three years ago by former senior ...
Commercial Property Executive Fox Creek Fund LLC has bought a 140,908-square-foot office building at 1130 K St. in Sacramento, Calif., for $20 million, or $141.94/sf. The Los Gatos, Calif., real estate investment fund purchased the building from UC Regent, a ...
90 percent occupied. The property is encumbered by a $10.28 million loan that's securitized through FREMF 2016-K53. It carries a fixed 4.41 coupon and is locked out from prepayment until August 2025. It matures in November 2025.
Rentv.com Nazareth Enterprises Inc. has bought the 47,500-square-foot Sacramento Heart Medical Building in Sacramento, Calif., for $16.7 million, or $351.58/sf. The purchase was financed with a loan from Merchants Bank. The two-story building sits on 3.34 acres at 500 University ...
Pathfinder Partners has bought the 170-unit Rosemont Park Apartments at 9190 Schmuckley Drive in Sacramento, Calif., for $28.83 million, or $169,588/unit. The San Diego multifamily investment firm purchased the property from Virtu Investments, which had acquired it in 2015. The ...
Multi-Housing News Aspen Square Management has sold to an undisclosed buyer for $23.2 million, or $203,508/unit, the 114-unit Abby Creek Apartment Homes at 5820 Fair Oaks Blvd. in Carmichael, Calif. The property is on five acres, 10 miles east of ...
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