Market Rate Housing - Inland Empire

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.
Market Rate
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.
Market Rate
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.
Market Rate

  • 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

  • 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

  • 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

  • Inland Empire Asset Trades in 1031 Exchange

    Providence Capital Group placed a non-contingent offer for the 140-unit community in Hemet, Calif., which traded for $15.5 million. Marcus & Millichap represented the seller and procured the buyer.

    21 August 2017 17:59

  • CBRE Closes Inland Empire Sale

    Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.

    18 August 2017 08:49

  • Master Plan Brings Green to SoCal Desert

    Family Development and Presidio Residential Capital have received the go-ahead for a 660-acre development in Riverside County, Calif. Comprising apartments, condominiums, townhomes and single-family homes, the project would be the first of its kind in the Coachella Valley.

    15 August 2017 13:47

  • Inland Empire Apartments Sell in 1031 Exchange

    A family trust purchased the property, which has high value-add potential, in a 1031 exchange, a transaction that multifamily investors have increasingly executed in the Inland Empire, which has a limited inventory of apartment communities for sale.

    11 May 2017 16:34