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IPA Exclusive Listing Agent for Ventura County Property
The community is one of the few of its size in a prized location near the border of Los Angeles and Ventura counties.
Expanding Apartment Market Draws Investors to Jewel City
As Glendale’s multifamily market continues to shift towards larger developments, a private investor has recently closed on the acquisition of IMT Glendale Apartments, a 67-unit community at 1630 Calle Vaquero.
San Fernando Valley Luxury Asset Acquired for $44 Million
A private investor recently completed the acquisition of a residential asset in Encino, CA for a reported amount of $44 million. According to real estate firm Lee & Associates, the property was acquired from IMT Capital, a Sherman Oaks, CA-based company. The off-market transaction was completed with the assistance of Lee & Associates – LA North/Ventura Managing Director and Principal Jim Fisher, Lee Principal Mike Smith and Associate, Cory Stehr. The buyer was in a 1031 Exchange, and acquired the property as a long-term investment.
Wood Partners sells a newly built community in Denver; a Beacon affiliate acquires 204 units in Amherst from an Equity Residential affiliate; and Capital One Bank closes on an $8.6 million Fannie Mae structured Adjustable Rate Mortgage.National 09 October 2014 18:12