Multifamily news in Deals - Sacramento
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Marcus & Millichap Closes $58M Sacramento-Area Deal
First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.
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Oakmont Properties Buys Sacramento Asset for $118M
CBRE brokered the sale of the 277-unit Press at Midtown Quarter, marking one of the city's largest-ever apartment deals.
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Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
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Landmark Properties JV Buys California Student Housing Asset
The 2,289-bed community is subject to a 65-year ground lease held by UC Davis.
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Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.
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Alabama Investor Pays $50M for Sacramento-Area Senior Housing
Harbert Management Corp. purchased the 134-unit property through one of its investment funds, with financing from Greystone.
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OpenPath Investments Grows Sacramento Portfolio
The company financed the acquisition of the 104-unit Sierra Park Townhomes through a $15.5 million, 10-year Freddie Mac loan.
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Sacramento Community Commands $16M
The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.
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Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
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Aspen Square Management Sells Sacramento-Area Apartments
A 114-unit community in Carmichael, Calif., traded for a record-setting $203,000 per unit.
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Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio
The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.
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NKF Facilitates $36M Sacramento Sale
Managing Director Zachary LeBeouf and Senior Managing Director Anthony Pappageorge worked on behalf of the buyer. The transaction was a 1031 exchange.
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Standard Communities to Renovate 128 Affordable Units in the Bay Area
The company acquired Parkside Villa Apartments and Rockwell Manor Apartments in Fairfield, Calif., and intends to invest $7 million in upgrades at both properties.
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ACI Facilitates Sale of Sacramento Property
Senior Associate Doug Taber brokered the $4 million sale on behalf of the seller. The buyer was self-represented in the deal.
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South Coast Commercial Buys NorCal Community
The firm financed the acquisition of the fully occupied Class B asset with a 15-year, $7 million mortgage from Banc of California.