Rob Friedman

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    The property located in Visalia, Calif., traded to a Santa Barbara-based private investment group for $19.2 million, which equates to $131,507.

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    The 32-acre property served as Coast Guard housing prior to being auctioned off by the government. A developer acquired it for $2.5 million in 2016 and implemented thorough renovations.

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  • Top 10 Columbus Multifamily Transactions

    The city is quickly becoming the most important economy in Ohio, thanks to its relatively affordable housing and growing economy. This year, more than 2,000 units traded for a total of $266 million.

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    As rising apartment prices in the city's metro area have tempered investment activity in the multifamily sector, many of the top property owners continue to be local companies.

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  • FCP Expands Florida Portfolio

    Situated in the Lauderhill submarket, Summit Palms features one- to three-bedroom units across four buildings. Avesta currently manages the asset.

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