News
Affordable Options for Kupuna
Franco Mola’s California-based Coastal Rim Properties, Inc. is planning a January construction start for Kulana Hale II at Kapolei, a mixed-use residential and retail project on West Oahu.
Bay Area’s M-F Boom Fuels Refinancing in Fremont
Vue Fremont and Waterstone at Fremont are two multifamily properties located in Fremont, on the southeastern end of the San Francisco Bay. Both properties are currently owned by Pacific Urban Residenital, and find themselves in one of the fastest growing residential markets in the entire country.
Cornerstone, Presidio Team Up in Chula Vista
The Chula Vista submarket is set to expand its housing inventory as around 44 acres of land were recently acquired by a venture between Presidio Residential Capital and Cornerstone Communities. The land is part of the Otay Ranch Village 2, a master-planned community in San Diego County.
Hotel Near UF Gainesville Lands Boston Buyer
A 208-room hotel near the University of Florida in Gainesville changed hands recently.
Royal Oak to Grow Townhome Community
A gated community in Kissimmee is soon to see new construction and the builder has already started sales. Royal Oak Homes will expand Heritage Run by adding three- and four-bedroom townhomes. The property is located on Boggy Creek Road, off Florida State Road 192 and its previous phase was developed by D.R. Horton.
TruAmerica’s Western Campaign Hits Las Vegas
Currently finding itself in the midst of an expansion campaign throughout improving markets in the Western U.S., TruAmerica Multifamily just completed an acquisition in the Las Vegas market. This is the L.A.-based value-add multifamily investment firm’s inaugural purchase in the state of Nevada. The company also marked its debut in the Portland and Salt Lake City markets during recent weeks.
Economy Watch Weekly: Higher Retail Sales—Sign of the Times?
Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended June 12, 2015.
Luxury Chicago Hotel Hits another Milestone
The Waldorf Astoria hotel in Chicago’s Gold Coast neighborhood has hit another milestone.
Westside Los Angeles Community Refinanced As Market Adjusts to Influx of New Inventory
A multifamily located at a meeting point between the Palms, Mar Vista and West L.A. was recently involved in a refinancing worth a total of $31.8 million. Oak Grove Capital Vice President Levi Brooker was the originator of the loan, acting on behalf of the owner of the Westwood Villa Apartments.
Economy Watch: Homebuilders Optimistic, Investors Nervous
More mixed messages from the economy.
You must be logged in to post a comment.