Stepp Commercial

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Stepp Arranges Sale of Santa Monica Community

The community sold for a total of $4.3 million at a 3.7 percent cap rate. Stepp Commercial represented both parties in the deal.

Los Angeles

Clear Skies for Multifamily Investors—For Now

While these increases are starting to cause upward pressure on cap rates, apartment values have held relatively steady since tighter occupancy levels are simultaneously causing upward pressure on rental rates.

National

HFH Acquires $51M CA Property

Stepp Commercial represented both sides in the sale of Patio Gardens, a 127-unit community in Long Beach that will undergo an extensive renovation.

West

SoCal Community Sells for $5M

Stepp Commercial brokered the sale of the property located in the Bixby Knolls neighborhood of Long Beach, Calif.
Los Angeles 11 June 2018 16:28
Stepp Commercial Completes $10M CA Sale

Waterford Residential acquired a four-story, 36-unit Long Beach community near the Recreation Park Golf Course, Bluff Park and Alamitos, Junipero and Peninsula beaches.
West 19 March 2018 14:59
Stepp Facilitates Record-Breaking LA Sale

The sale of Atwater Avenue Apartments achieved the highest price per unit and price per square foot ever paid for comparable properties in LA submarket Atwater Village.
Los Angeles 18 September 2017 14:26
Raiders of the Lost Rate Hike

While Fed Chair Janet Yellen has suggested the potential for multiple rate hikes through 2018, several factors should influence her plan to be implemented with caution, argues Stepp Commercial Vice President Mark Ventre.
National 03 August 2017 17:54
Stepp Facilitates Long Beach 1031 Exchange

The three-property portfolio traded for $10.6 million or nearly $189,000 per unit and closed at a 4.6 percent cap rate.
Los Angeles 31 May 2017 14:03
Stepp Commercial Closes Sale of Long Beach Property

The community traded at a 3.8 percent cap rate and a price per unit of nearly $456,000, a record high for the Belmont Shore area in California.
Los Angeles 16 May 2017 16:04
Stepp Arranges Sale in Long Beach

The 15-unit multifamily property is in the Alamitos Beach submarket.
West 30 June 2016 08:20

More

You May Also Like

Sterling Real Estate Expands Value-Add Portfolio with Phoenix Asset

Cambridge Court Apartments is a 286-unit community that traded for $24 million. The company plans to invest in improvements.
26 June 2018 06:41
CBRE Provides $14M for Historic Cincinnati Asset

The company closed the refinancing of The Reserve at 4th and Race, an 88-unit community in the CBD. Mark Tran, senior vice president of CBRE Columbus, originated the loan.
03 April 2018 08:01
3 Creative Collaborations Driving the Business of Design

For 50 years NeoCon has been influencing workplace design through new product introductions. This year saw many new and strategic partnerships.
19 June 2018 16:54
Fickling & Co., Novare Group Breaks Ground on FL Community

Lullwater at Blair Stone in Tallahassee is slated for completion by the end of this year and will feature a clubhouse, swimming pool and pet park.
24 May 2018 18:06
CBRE Secures $33M Acquisition Loan for SC Community

Vice Presidents Nate Sittema and Kristen Reilley represented the buyer in the transaction. The Apartments at Brayden is a recently built asset southeast of Charlotte, N.C.
05 October 2018 10:06