Multifamily news in Inland Empire
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Inland Empire Senior Community Lands $40M in Financing
The new owner took a series of mortgages, revenue bonds and tax credit equity to acquire and fund capital improvements at the property.
16 August 2019 16:58 -
Davlyn Investments Buys SoCal Apartments for $60M
The 187-unit luxury community is the buyer’s latest Inland Empire acquisition, following the $35 million purchase of 125 units in November.
31 July 2019 13:42 -
Inland Empire Multifamily Report – Summer 2019
Rents in the market increased 4.2 percent year-over-year through April, driven by the area’s historically limited inventory.
09 July 2019 19:33 -
Sequoia Equities Buys SoCal Community for $83M
CBRE provided the buyer of the 247-unit Class A asset in the Inland Empire with $52 million in acquisition financing through Fannie Mae.
21 June 2019 17:34 -
Tower 16 Capital Partners Buys Inland Empire Community for $63M
The value-add investment and management firm purchased the 352-unit asset in Colton, Calif., from FPA Multifamily and will invest an additional $4 million in renovations and upgrades.
21 May 2019 13:37 -
Bridge Investment Group Opens SoCal Community
The owner broke ground on the 346-unit Class A multifamily asset in early 2017, with East West Bank providing construction financing.
20 May 2019 06:12 -
Inland Empire Multifamily Report – Winter 2019
Multifamily property sales totaled $1.4 billion in 2018 and are expected to spike this year, following the rejection of Proposition 10.
22 February 2019 13:37 -
Henley USA Enters Inland Empire Market
In a partnership with Tower 16 Capital Markets, the company purchased Hillside Village in San Bernardino Valley. The new owner intends to renovate the 80-unit property.
23 January 2019 18:05 -
Inland Empire Community Sells for $42M
Berkadia has arranged the sale of the 194-unit property located in Ontario, Calif., approximately 26 miles from downtown San Bernardino.
16 January 2019 18:05 -
LivCor Trades 288-Unit SoCal Asset
The company sold the Inland Empire asset for more than $63 million, with Capital One providing a Fannie Mae acquisition loan to the buyer.
27 November 2018 14:32 -
Limited Deliveries Prop Up Inland Empire Rent Growth
The industrial sector continues to drive development in the area, bolstering demand for multifamily properties.
26 November 2018 13:53 -
Inland Empire Community Changes Hands for $35M
Davlyn Investments acquired the 125-unit luxury residential property located in Chino Hills, Calif., with financing provided by City National Bank.
21 November 2018 17:02 -
FPA Grabs Age-Restricted Inland Empire Community
Positive Investments, which picked up the 177-unit Class C property in 2016 for $11.9 million, traded the asset for more than $14 million.
01 November 2018 17:53 -
SoCal Affordable Community Changes Hands
The 60-unit fully affordable property fetched a price tag of $3 million, with the buyer landing $2.7 million in acquisition financing.
24 October 2018 14:03 -
Top 10 Inland Empire Multifamily Transactions
The Inland Empire market continues to grow its multifamily inventory at a slow burn, further inflating rent rates and property values. One result is rising per-unit prices, which are about $9,000 higher than the national average.
12 October 2018 14:08