Oak View Apartments, with 237 units in the Central Valley, Calif., city of Visalia, has changed hands for $50 million, or $210,970/unit. The transaction, between two Southern California investors, was arranged by the Mogharebi Group of Costa Mesa, Calif. It ...
Oak View Apartments, with 237 units in the Central Valley, Calif., city of Visalia, has changed hands for $50 million, or $210,970/unit. The transaction, between two Southern California investors, was arranged by the Mogharebi Group of Costa Mesa, Calif. It ...
ReNew Visalia is encumbered by a $14.5 million Fannie Mae loan that was securitized through FNA, 2020-M46. That loan pays a 4.37 percent coupon and matures in June 2034. It is subject to a prepayment penalty if paid off before ...
A Santa Barbara, Calif., investor group has paid $30.65 million, or $239,453/unit, for ReNew Visalia, a 128-unit apartment property in Visalia, Calif. The property was sold by FPA Multifamily of San Francisco, which was represented by Mogharebi Group of Costa ...
Commercial Property Executive A venture of Seefried Industrial Properties and USAA Real Estate has broken ground on a 1 million-square-foot industrial property at the Visalia Industrial Park in Visalia, Calif. Seefried, of Atlanta, and USAA, of San Antonio, are building ...
Rentv.com IDEAL Capital Group has sold the 237-unit Oak View Apartments in Visalia, Calif., for $42.5 million, or $179,324/unit. The Mogharebi Group represented the seller. The buyer was not identified. The 48-building property, which sits on 16.46 acres at 4700 ...
92 percent leased. To fund the purchase, TNP has drawn $14.25 million against a credit facility from KeyBank that matures in 2013. The draw has a floating rate that is currently 5.5 percent.
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