Multifamily news in Inland Empire
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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 -
C.W. Driver Completes $78M Student Housing Project
The assets include a 407-bed community and a 750-seat dining facility and will serve students attending California State University, San Bernardino.
02 October 2018 16:27 -
Riverside Community Gets New Management
UBS Realty Investors, the owner of the 2005-built, 256-unit Inland Empire asset, selected Alliance Residential Co. to oversee property operations.
19 September 2018 07:31 -
Majestic Realty Enters Multifamily Market
The longtime developer's first residential project is a 17-building, garden-style community in Southern California's Inland Empire. Completion is scheduled for late 2019.
11 September 2018 13:39 -
SoCal Apartments Trade for Nearly $50M
The seller, StarPoint Properties, acquired the 232-unit Class B community in the Inland Empire for approximately $15 million in late 2001.
06 September 2018 20:42 -
CBRE Brokers the Sale of 2 CA Properties
The properties, located in the Inland Empire and Orange County, sold for a total of $10.8 million.
04 September 2018 16:32 -
SoCal Community Changes Hands
Prism Multifamily funded the acquisition of the 121-unit Class A Latitude 33 in Palm Springs with a $10.8 million loan originated by Walker & Dunlop.
21 August 2018 12:52 -
Demand, Deliveries Maintain Rent Growth in the Inland Empire
Bolstered by population gains, multifamily demand continues to be strong for both Lifestyle and Renter-by-Necessity assets across the metro, where rents are expected to rise by 4.4 percent in 2018.
05 July 2018 13:15 -
Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.
26 April 2018 23:02 -
Trammell Crow, HQ Capital to Develop Inland Empire Apartments
The 211-unit, transit-oriented Alexan Montclair was designed by Architecture Design Collaborative and construction is expected to start immediately.
01 March 2018 15:21 -
BRIDGE Adds 200 Units to CA Affordable Housing
The nonprofit opened the second phase of Ivy at College Park, a $41.6 million project that includes a total of 335 units in San Bernardino County.
09 February 2018 15:30 -
Strength of the Inland Empire
Rents continue to grow at a solid rate, thanks to steady job gains as the region’s economic cornerstone, the industrial sector, is surging.
05 February 2018 16:42 -
Cameron Properties Sells Inland Empire Community
The property, featuring a mix of affordable rental units with street-level retail space, sold for nearly $5 million to a private investor.
11 January 2018 12:34