389-Unit Apartment Property Opens in Morgan Hill, Calif.
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SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
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April 5, 2001 UPLAND, Calif. – AMI Capital provided a $13.8 million refinance loan for a 289-unit apartment community to an undisclosed client.The 10-year Fannie Mae delegated underwriter servicer loan has a 30-year amortization with an interest rate of 6.95 ...
April 5, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterA Los Angeles investment group, Hudson Properties, has acquired a long-vacant office property in Costa Mesa, Calif., for $18.5 million, or about $130/sf.The luxurious Orange County complex, which has ...
April 4, 2001 MILPITAS, Calif. – Pacific Property Co. will buy a 137-unit apartment community for $22 million.The company plans to invest $2 million to renovate and upgrade the Suntree Garden apartment complex, which is 100 percent occupied. Ventana Property ...
Correction (April 4, 2001): Burnham Pacific is seeking a deed-in-lieu of foreclosure on a loan that was included in the collateral pool of Merrill Lynch Mortgage Investors, 1996-C1. The story below identified the wrong transaction.April 4, 2001Commercial Real Estate Direct ...
April 4, 2001 NEWPORT BEACH, Calif. – Pacific Gulf Properties Inc. (NYSE:PAG) has closed on the sale of two of its remaining industrial properties to CalWest Industrial Properties LLC for about $9.7 million.The sale of the Geneva property in Tempe, ...
April 3, 2001 J.P. Morgan Chase fund completes purchase of Water Garden II Complex, in Santa Monica, Calif.Los Angeles TimesSANTA MONICA – An investment fund managed by J.P. Morgan Chase & Co. has completed its acquisition of the 600,000-square-feet Water ...
April 3, 2001 SAN FRANCISCO – Weingarten Realty Investors (NYSE:WRI) has completed the purchase of a 19-property portfolio from Burnham Pacific Properties (NYSE:BPP) for $277.5 million.Weingarten purchased the supermarket anchored shopping centers with $145.5 million in cash and the assumption ...
April 2, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterO'Neill sportswear licensee La Jolla Sport has purchased a former Bristol-Myers Squibb industrial building in Irvine, Calif., for its corporate headquarters and distribution facility.La Jolla paid $7.2 million, or ...
Deal expected to close in May.Ventana Property Services will manage thefully leased property.
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