Finance & Investment
Mogharebi Group Closes $41M Reverse 1031 Exchange in California
The complex deal involved six properties and a total of 264 multifamily units in Fresno, Visalia and Martinez, Calif.
Decron Properties Buys San Diego Luxury Community for $126M
The firm acquired the asset through a 1031 exchange.
Public Storage Buys Salt Lake City-Area Asset
The LeClaire-Schlosser Group of Marcus & Millichap represented the seller and procured the buyer.
MG Properties Buys $76M Denver Community
This is the firm’s third acquisition in the metro this year.
Dinerstein, PCCP Land $86M Loan for Phoenix-Area Community
The 394-unit apartment community in Mesa, Ariz., is expected to see initial move-ins in the first quarter of 2025.
JAG, STARS Acquire North Carolina Community
The buyers plan to complete unit renovations begun by the prior owners.
Pillar Acquires Phoenix-Area Property for $86M
The is the buyer’s second multifamily acquisition in the metro year.
Titanium Realty JV Lands Refi for Jersey City Community
The note retires a construction loan from BMO Bank.
JLL Income Property Trust Sells Charlotte Community for $66M
The buyer assumed the outstanding balance of a $30 million loan.