Clik here to view.
MG Properties Acquires $75M Inland Empire Community
By Adina Marcut Santa Rosa Apartments Los Angeles—MG Properties Group, a private San Diego-based real estate investor and operator, recently acquired Santa Rosa Apartments, a 320-unit community in...
View ArticleClik here to view.
Denver Investor Buys Inland Empire Apartment Properties
By Dees Stribling, Contributing Editor Victorville, Calif.—Denver-based Sagebrush Capital Holdings has acquired a two-property, fully occupied apartment portfolio totaling 320 units in Victorville,...
View ArticleClik here to view.
Inland Empire Apartments Sell in 1031 Exchange
By Ariela Moraru Jasmine Springs Apartments, Corona, Calif. Investment Capital Real Estate has arranged the sale of Jasmine Springs Apartments, a 59-unit community in Corona, Calif., located in the...
View ArticleClik here to view.
The Inland Empire Expands
By Alex Girda Inland Empire rent evolution, click to enlarge Rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market...
View ArticleBellwether Secures $75M Refi for Luxury Inland Empire Asset
By Ariela Moraru Bellwether Enterprise Real Estate Capital LLC has closed two loans totaling $75 million for the refinancing the Vistara Apartments in Ontario, Calif. The company’s newly formed Irvine...
View ArticleClik here to view.
Master Plan Brings Green to SoCal Desert
By Ariela Moraru Virada, Indio, Calif. Family Development and Presidio Residential Capital have won city approval to develop a $451 million master-planned community in Riverside County, Calif. Located...
View ArticleClik here to view.
CBRE Closes Inland Empire Sale
By Ariela Moraru Evart Street Apartments, Montclair, Calif. Mak and Wen Management Inc. acquired an apartment complex in Montclair, Calif., for $8.9 million or $130,000 a unit. According to CBRE, the...
View ArticleClik here to view.
Inland Empire Asset Trades in 1031 Exchange
By Ariela Moraru Vista Gardens, Hemet, Calif. Marcus & Millichap arranged the sale of Vista Gardens, a 140-unit apartment community in Hemet, Calif., on behalf of the seller and procured the buyer....
View ArticleClik here to view.
Capital One Closes $17M Student Housing Refi
By Adina Marcut International Village Capital One has secured a $16.9 million Fannie Mae loan to refinance a student housing property. The 92-unit International Village serves students at University of...
View ArticleClik here to view.
Cameron Properties Sells Inland Empire Community
By Jeff Hamann Cameron Historical Building Cameron Properties has sold the Cameron Historical Building in Temecula, Calif. for $4.8 million. The buyer, a private investor based in Murrieta, acquired...
View ArticleClik here to view.
BRIDGE Adds 200 Units to CA Affordable Housing
By Laura Calugar The Ivy at College Park in Chino, Calif. BRIDGE Housing, local authorities and other entities have opened Ivy II at College Park, the second phase of a 335-unit affordable housing...
View ArticleClik here to view.
Trammell Crow, HQ Capital to Develop Inland Empire Apartments
By D.C. Stribling, Contributing Editor Rendering of Alexan Montclair HQ Capital Real Estate (HQCRE), a member of HQ Capital Group, has formed a joint venture with Trammell Crow Residential (TCR) to...
View ArticleClik here to view.
Luxury SoCal Development Lands Management
Conceptual rendering of The Trails at Canyon Crest Van Daele Homes, the owner of The Trails at Canyon Crest, has selected The REMM Group to handle management at its upcoming luxury community. The...
View ArticleClik here to view.
Demand, Deliveries Maintain Rent Growth in the Inland Empire
Inland Empire rent evolution, click to enlarge Following an interval of steady rent appreciation, year-over-year growth in the Inland Empire dipped below 4.0 percent for the first time since 2014....
View ArticleClik here to view.
SoCal Community Changes Hands
Latitude 33 Huffman Properties has sold Latitude 33, a 121-unit multifamily property in Palm Springs, Calif., to Prism Multifamily Group. The buyer financed the purchase with a $10.8 million Fannie Mae...
View ArticleClik here to view.
CBRE Brokers the Sale of 2 CA Properties
1570 N. Coast Highway A family partnership has sold two multifamily properties in Southern California’s Inland Empire and Orange County in separate transactions for a total of $10.8 million. CBRE’s Dan...
View ArticleClik here to view.
SoCal Apartments Trade for Nearly $50M
Foothill Ridge Virtú Investments has purchased Foothill Ridge, a 232-unit community in the Inland Empire, for $48.3 million, according to Yardi Matrix. While the acquisition is the firm’s first in the...
View ArticleMajestic Realty Enters Multifamily Market
Majestic Realty Co. has broken ground on SUMMIT Apartments in Redlands, Calif., the first multifamily project in the company’s history. The developer plans to finish construction on the 281-unit...
View ArticleClik here to view.
Riverside Community Gets New Management
Canyon Park UBS Realty Investors has chosen Alliance Residential Co. to manage Canyon Park, a 256-unit community in Riverside, Calif. The Sares-Regis Group previously managed the asset, according to...
View ArticleClik here to view.
C.W. Driver Completes $78M Student Housing Project
CSUSB student housing and dining commons C.W. Driver Cos. has completed the construction of California State University, San Bernardino’s new $78 million student housing and dining facilities. Located...
View Article
