Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
Kidder Mathews Arranges Sale of OC Community
Waterford Residential bought the property located in Newport Beach, Calif., from a private investor.
Phoenix Community Sells for $15M
Weidner Apartment Homes sold the Murano Apartment Homes, located in the Arcadia neighborhood of Phoenix. Berkadia represented the firm in the transaction.
IPA Completes Sale of FL Community
The community, located in St. Petersburg, changed hands for $37.5 million. The firm represented both parties in the transaction.
Socal Asset Sells for $75M
The Bascom Group bought the 235-unit, Class A property, and CBRE secured debt financing for the acquisition.
LA Community Trades for $9M
Matthews Real Estate Investment Services brokered the sale of a 56-unit Van Nuys community. The sale price equates to $272.8 per square foot.
Newman Garrison + Partners Bringing TOD to CA
Construction on the 352-unit project in Woodland Hills is expected to commence in 2019 and is slated for completion by 2022.
Matthews Brokers Record-Breaking Sale in LA
The property located near downtown Los Angeles traded for $9.7 million, which equates to $247,436 per unit and ranks as the highest price per unit in the area.
Kairoi Residential Buys 4-Property Portfolio
The value-add communities located in San Antonio were sold by Omninet Capital. Institutional Property Advisors represented the seller and procured the buyer.
Marcus & Millichap Brokers Sale of FL Communities
The two-property portfolio located in Sarasota, Fla., traded to a 1031 exchange buyer for $9.5 million. The brokerage firm represented both parties in the deal.
Shopoff Sells Brookside Mobile Home Park for $73M
The company has traded the 45-acre manufactured housing community in El Monte, Calif. as an off-market transaction.