COSTA MESA, CA-A private investor snaps up the 8-unit multifamily complex. Local experts expect that multifamily will continue to thrive in the upcoming year, as demand continues to outpace supply.
ORANGE COUNTY, CA-In a recent survey, brokerage firms predict that Orange County's industrial rents will decrease in the upcoming months, while sale prices will remain fairly stable.
ANAHEIM, CA-The Redondo Beach-based investor pays $1.2 million for the multifamily property. Located at 923-929 Park Circle, the complex contains 16 units.
NEWPORT BEACH, CA-The company sews up its acquisition of the 512-unit apartment complex in Palm Desert. The deal took 90 days to close. The seller was Irvine-based Beauchamp Realty Investors.
ORANGE, CA-Advanced Real Estate Services grabs the 74-unit property, known as Glassell Gardens Apartments. Only two units were vacant at the time of sale.
IRVINE, CA-The Irvine-based developer plans to use the loan to finance the construction of Phase I of its Las Vegas resort project. Known as Lake Tropicana Timeshare Resort and Towers, the development is located on the strip between the MGM Grand Hotel/Casino and the Aladdin Hotel/Casino.
ORANGE COUNTY, CA-In a recent survey, brokerage firms predict that Orange County's industrial rents will decrease in the upcoming months, while sale prices will remain fairly stable.
BUENA PARK, CA-Irvine-based Bascom Lincoln Avenue Apartments LLC sells Cypress Village Apartments sells to private investor Ed Crerna in a deal brokered by Morgan Skenderian Investment Real Estate Group.
NEWPORT BEACH, CA-The 43-unit multifamily complex is located at 11500 Colima Rd. in Whittier. The property, known as Candlewood Apartments, has been snatched up by private investors.
SANTA ANA, CA-The locally based telecom company serving the title and real estate industries has announced that its LDExchange subsidiary will discontinue its wholesale international long distance business.