Multifamily news in Inland Empire
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Inland Empire Multifamily Report – Fall 2020
The area continued to top the nation for rent growth going into the fourth quarter.
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MG Properties Makes $78M Luxury Purchase
The company acquired the 230-unit community in one of the Inland Empire's largest multifamily deals of 2020.
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Inland Empire Multifamily Report – Summer 2020
Communities across San Bernardino and Riverside counties fared relatively well, with some fundamentals surpassing U.S. averages through the health crisis.
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What Draws Investors’ Attention to Western Markets?
MG Properties Group’s Paul Kaseburg talks about the strategy behind the company’s investment activity in Western markets.
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Berkadia Arranges $44M Class B Portfolio Refi
The new loans pay down $28.8 million previously taken for Allmark Properties' two communities in Texas and Southern California.
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Fore Property Co. Sells Inland Empire Community for $68M
Avison Young represented the seller in its disposition of the 182-unit luxury property in Rancho Cucamonga.
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Top 5 California Markets for Affordable Housing Construction
Yardi Matrix data provides a look into the five Golden State metros with the highest percentage of multifamily construction geared toward affordable projects.
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Inland Empire Multifamily Report – Winter 2020
Boosted by a lack of new stock and steady population gains, rent growth exceeded the national average going into 2020.
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CBRE Brokers Sale of Inland Empire Community
The 43-unit property located in San Bernardino traded for nearly $5 million.
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Positive Investments Trades Inland Empire Community
The buyer paid more than $14 million for the 120-unit property and plans to invest in capital improvements.
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Berkadia Secures $82M for Inland Empire Refi
The funds will be used to retire an existing debt on the 492-unit Silverado Apartment Homes.
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Inland Empire Community Changes Hands for $40M
Providence Capital sold the 212-unit Vista Springs property in Moreno Valley, Calif.
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California Community Lands $39M Fannie Mae Green Loan
Fannie Mae originated the funds in August, when Afton Properties acquired the asset from Klingbeil Capital Management.
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Inland Empire Multifamily Report – Fall 2019
The Inland Empire’s affordability advantage compared to other SoCal metros is drawing in new residents, expanding the local labor market and driving up demand for multifamily product.
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Inland Empire Community Gets New Owner
CBRE provided nearly $4 million in acquisition financing through Freddie Mac for the 56-unit asset.