Greg Harris

  • IPA Arranges Record-Breaking Sale of CA Community

    The 192-unit Via Ventura changed hands for $74 million, the highest price per unit for a multifamily property in Ventura, Calif.

    Los Angeles 21 February 2018 15:24
  • LA Community Sells for $45M

    IPA arranged the sale of Cielo Apartments, a Class A, 119-unit community in Chatsworth. Amenities include a clubhouse, fitness center and 208 parking spaces.

    Los Angeles 12 February 2018 09:10
  • J&B Asset Management Grabs a ‘Commuter’s Haven’

    Close proximity to five highways and a rail station are nice selling points; a mortgage bank increases cash flow with a refinance in California.

    Los Angeles 02 June 2015 18:45
  • Woodland Hills Apartment Community Trades Hands for $88M

    One of the largest San Fernando Valley apartment deals was perfected recently when a group of investors headed Jones & Jones Management Group paid $88 million for a Woodland Hills property. The buyer acquired the Mercer at Warner Center residential community from Rockwood Capital and The Bascom Group. According to the CoStar Group, the acquisition comes hot on the heels of another high-profile apartment deal made by the buyer, namely the sale of the Crenshaw Village asset, for a total of $60 million.

    Los Angeles 24 October 2013 14:35
  • Western National Buys Archstone Long Beach for $46M

    IPA lands a buyer for Archstone Long Beach; UC Funding closes an $18.4 million bridge loan for a historic conversion in Baltimore; and IPA oversees the sale of a 190-unit distressed condo property in Miami-Dade.

    National 17 January 2013 19:29

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    The portfolio includes four communities totaling 768 units across three of Jacksonville’s submarkets. The new owner, Millenia Housing Management, plans to invest $40 million in capital improvements.

    02 November 2018 13:11
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    Despite consistent supply growth and the lack of affordability in major metros, rents increased by $29 in quarter two, up 2.1 percent for the quarter and 2.6 percent for the first half. 

    19 July 2018 14:13
  • 2018 REIT Trading Trends

    As of Sept. 28, publicly listed U.S. equity REITs traded at a median discount to consensus net asset value of 6.14 percent.

    03 October 2018 17:19
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    The $1 drop marks the first time rents have not increased since January. Despite this, prices increased 3.1 percent year-to-date, according to a Yardi Matrix survey of 127 markets.

    11 October 2018 19:39
  • DC Apartment Community Trades for $42M

    The new owner, Urban Investment Partners, is planning to implement a $1 million capital improvements plan to upgrade and renovate the asset located at 3333 Wisconsin Ave.

    20 August 2018 19:11