Multifamily news in Orange County
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Bertram Partners Lands $72M Refi for CA Properties
The Freddie Mac loan—which was arranged by HFF—will be used to refinance the debt on three communities in Orange County.
21 January 2019 08:07 -
Jamboree Breaks Ground on Affordable OC Project
Encompassing 75 units, Santa Ana Veterans Village will cater to homeless veterans and their families. The developer estimates the total development costs at $29.7 million.
07 January 2019 14:31 -
NAI Capital Completes OC Ground Lease
The 99-year ground lease valued at $287 million includes three parcels located in Santa Ana, Calif. The tenants plan to develop more than 500 affordable housing units.
19 December 2018 16:09 -
Sequoia Equities Secures $100M Refi in Orange County
The owner acquired the 484-unit luxury community in 2009; the new financing package retires $60 million in debt.
19 December 2018 14:28 -
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.
10 December 2018 12:18 -
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.
10 December 2018 11:10 -
OC Senior Living Facility to Undergo $30M Renovation
R.D. Olson Construction has begun work on the Atria Senior Living property in Newport Beach, Calif. Plans call for a new South wing and a fully renovated North building.
04 December 2018 16:08 -
Olympus Property Adds OC Community to Its Portfolio
360 Residential sold the recently completed 280-unit, boutique-style, luxury development located in Irvine, Calif., approximately 3 miles from John Wayne International Airport.
09 November 2018 17:24 -
New Supply Matches Lifestyle Demand in Orange County
Multifamily developers are focusing on expensive submarkets, including West Irvine and Anaheim–Central, while transaction activity is slowing in the context of rising property values.
11 October 2018 13:17 -
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 -
Top 10 Multifamily Completions in Orange County
After hitting a cycle peak this year with more than 5,400 units coming online, supply in the area's multifamily sector is expected to temper. Rental stock should gain some 2,400 units by year-end.
24 August 2018 11:02 -
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.
14 August 2018 17:39 -
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.
16 July 2018 12:53 -
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.
20 June 2018 16:00 -
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.
15 June 2018 14:57