Multifamily news in Market Rate Housing - Orange County
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Berkadia Arranges JV Equity for Orange County Project
Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick facilitated the partnership between DWS and Legacy Partners.
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Orange County Community Lands $28M Refi
Built in 1968, the 165-unit residential property Vio Tustin is located in Tustin, Calif.
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Orange County Apartments Land $56M Refi
Highland Pinetree Apartments in Fullerton, Calif., was the recipient of the financing secured by NorthMarq through Freddie Mac.
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Orange County Development Commands $101M
The Santa Ana community is a transit-oriented project about 9 miles from Disneyland that is still under construction by LaTerra Development.
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Fairfield Residential Adds CA Asset to Management Portfolio
The partially affordable community owned by Mill Creek Residential Trust encompasses 284 units and is located in Orange County’s Laguna Niguel.
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CBRE Brokers 2 Orange County Sales
Senior Vice President Dan Blackwell facilitated the $14 million deal encompassing 44 units across two communities. Both assets represent value-add opportunities.
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Berkadia Completes $76M Sale of Orange County Area Property
The company worked on behalf of A & M Properties in the acquisition of ReNew at the Shops, a garden-style apartment community situated in a tight multifamily market.
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JV Secures $26M in Financing for CA Community
The new owners will upgrade apartment interiors, exteriors and communal areas at the 88-unit community located in Buena Park, Calif.
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TA Realty Pays $138M for Orange County Asset
Seacrest is one of only four properties with more than 100 units in San Clemente, Calif. The asset changed hands with help from CBRE.
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South OC Community Trades for $93M
TH Real Estate is the new owner of Avana San Clemente, a 250-unit property. The 17-building asset last traded three years ago.
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OC Development Opens Its Doors
Kam Sang Co. funded the 180-unit first phase of Brookhurst Place in Garden Grove, Calif., with a nearly $38 million construction loan.
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OC Community Changes Hands in 1031 Exchange
An Avison Young team brokered the sale of Sundance West Apartment Homes. The buyer assumed an existing loan with Chase Bank.
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OC Value-Add Community Changes Hands
Sleepy Hollow Apartments is a 25-unit infill property located in Anaheim Hills, Calif. The Bascom Group purchased the asset for $7.5 million.
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Orange County Community Sells for $28M
Marcus & Millichap has arranged the sale on behalf of Stellko Properties, a 1031 exchange buyer. The acquisition was financed with $14.7 million.
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NorthMarq Arranges Refi for OC Community
The Sares-Regis-owned Aliso Creek Apartments in Aliso Viejo includes 535 units, three spas, 866 parking spaces and a cyber cafe.