Multifamily news in Orange County
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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 -
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.
01 June 2018 14:53 -
Demand Eclipses Rising Supply in Orange County
Steady job gains and a high barrier to homeownership maintain a strong multifamily demand in the area, giving landlords the pricing power.
01 May 2018 15:15 -
Marcus & Millichap Arranges 4-Property Portfolio Sale
The Orange County portfolio, which includes a total of 214 units in Santa Ana, traded to an affiliate of Empire USA for $42.5 million.
20 March 2018 15:54 -
Kidder Mathews Arranges Sale of OC Community
Waterford Residential bought the property located in Newport Beach, Calif., from a private investor.
15 March 2018 19:41 -
OC Community Commands $417K Per Unit
Avison Young represented the new owner, Cameron Properties, in the $9.2 million deal; the seller, Brandywine Properties, was represented by CBRE.
02 March 2018 17:21 -
TMG Brokers Sale of OC Community
The Landing, a 52-unit community in Newport Beach, Calif. changed hands for $18.5 million or $355,769 per unit. The Mogharebi Group worked on behalf of both parties.
23 February 2018 14:48 -
IPA Secures $24M Refi for OC Community
The company arranged the refinancing for Castlewood Park, a 184-unit property in Buena Park, Calif. The debt placement was locked at below-market-rate interest.
09 February 2018 15:08