Property Acquisitions and Dispositions
The 293-unit apartment community is situated within the Energy Corridor
MISSION VIEJO, CALIF. (May 2, 2022) – Laguna Point Properties, a Southern California-based multifamily investment company, has acquired from an overseas investor, two apartment communities in Las Vegas totaling 708 units in an off-market transaction worth $129.7 million.
Infinity BH acquired 160 out of 192 units at the condominium property
PHOENIX, AZ – JLL Capital Markets announced today that it has arranged the $25.35 million financing of Canyon Heights, a 196-unit, garden-style multi-housing community in Tucson, Arizona.
MORRISTOWN, NJ – JLL Capital Markets announced today that it has closed the $104.93 million financing of The Wel, a 260-unit, newly constructed, mid-rise multi-housing community located in Lindenhurst, New York along the South Shore of Long Island.
SAN DIEGO, April 26, 2022– JLL Capital Markets announced today that it secured $12.6 million in construction financing for a multi-housing development located in the Golden Hill neighborhood in San Diego, California.
Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.25 million sale of Sandy Bay Beach Suites, an 11-unit apartment property located at 1401 Palisades Beach Road in Santa Monica, CA. Just steps from the sands of Santa Monica beach, the asset sold for a high price per square foot of $1,308.
ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III brokers transaction involving several commercial units