apartments
GL Capital Partners Pays $80MM for Green Cities’ 230-Unit Gema Apartments on San Diego’s Cortez Hill
Pleasanton-based GL Capital Partners has bought Gema, a 230-unit apartment community on downtown San Diego's Cortez Hill, from The Green Cities Company for...
Post Investment Group Buys 240-Unit Sunterra Apartments in Oceanside From 29th Street Capital for $77.5MM
Beverly Hills-based Post Investment Group has bought the 240-unit Sunterra Apartments in Oceanside from 29th Street Capital for $77.5 million, about $20 million...
36-Unit Echo Lake Apartments Across From Echo Park Lake Trades for $7.35MM
A high-net-worth family buys the 36-unit Echo Lake Apartments across from Echo Park Lake in Los Angeles for $7.35MM, or $204,167 per unit.
Inland Empire Apartment Sales Jump 340% as Ventura County Vacancy Climbs to 4.8%
The Inland Empire’s apartment market posted a more than fourfold quarterly jump in sales volume alongside falling vacancy and a shrinking pipeline, while...
E&S Ring Lands $95.8MM Voya Refinancing for 1,461-Unit Southern California Apartment Portfolio
Family-owned E&S Ring Management has rolled six Southern California apartment communities, from Brentwood and Los Feliz to Victorville, into $95.8 million of new...
LA County Large-Apartment Sales Jump 44% to $3.3 Billion as Per-Unit Pricing Slips to $357,085
Investors have put $3.3 billion into Los Angeles County apartment properties of 50 or more units so far this year, a 44 percent...
Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...
Los Angeles County Apartment Sales Slip 7% as 24,911-Unit Pipeline Pressures Lease-Ups
Los Angeles County’s apartment sales slipped in the third quarter even as the broader Southern California market rebounded, with a 24,911-unit construction pipeline,...
JPI Wins Lakewood Approval to Replace Former AARP Office With 388-Unit Apartment Complex at 3200 E. Carson St.
Texas-based developer JPI has secured City of Lakewood approval to demolish AARP's former 84,000-square-foot regional office and build a five-story, 388-unit apartment community...
SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise
Southern California apartment investors drove third-quarter sales to $4.32 billion even as rents stalled and cap rates climbed, a sign the region is...
Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%
Orange County’s apartment market posted a nearly threefold jump in quarterly sales volume and the region’s strongest rent growth in the third quarter,...
San Fernando Valley Buyer Acquires 41-Unit North Hollywood Apartments from Kwan Trust for $5.89MM
A San Fernando Valley buyer paid nearly $5.89MM, or $143,610 per unit, for a 41-unit North Hollywood apartment building at a 5.70% cap...
