Property Acquisitions and Dispositions

Decron Properties has acquired Hangar at Thunderbird (Hangar), a 266-unit gated luxury multifamily community located in Glendale, AZ for $69 million.

Decron Properties has sold Ranch at Moorpark, a 376-unit multifamily community in Moorpark, CA to AEW Capital Management for $133.2 million.

Jerad Robertsعنوان البريد الإلكتروني هذا محمي من روبوتات السبام. يجب عليك تفعيل الجافاسكربت لرؤيته., and عنوان البريد الإلكتروني هذا محمي من روبوتات السبام. يجب عليك تفعيل الجافاسكربت لرؤيته. of Northcap Commercial are pleased to announce the recent off-market sale of the 2131 Statz Street Apartments for $1,770,000 ($118,000/unit). This sale consisted of 15 units built in 1963, located at 2131 Statz St in N. Las Vegas, Nevada.

Located in One of the Fastest Growing Counties in the Country, Provenza at Old Peachtree Represents the Multifamily Real Estate Leader’s Expanded Presence in the Attractive Suwannee Submarket 

Located in One of the Fastest Growing Counties in the Country, Provenza at Old Peachtree Represents the Multifamily Real Estate Leader’s Expanded Presence

Hamilton Zanze, a San Francisco-based real estate investment firm that owns and operates multifamily communities nationwide, today announced it has sold BLVD at Medical Center, a 248-unit apartment community in San Antonio. The firm acquired the property in June 2016, and after instituting a comprehensive capital improvement program, closed the sale on March 19.

Dallas, TX - Waterford Property Company (Waterford), The Vistria Group (Vistria), and Northern Liberties, in partnership with the Dallas Housing Finance Corporation (DHFC), have announced the acquisition of a 395-unit class A multifamily community located at 8169 Midtown Blvd. in Dallas.

The Mogharebi Group (TMG) has arranged the $16.5 million sale of Vantage Point Apartments, a 144-unit multifamily community in Bakersfield, CA. Senior Vice President Mark Bonas represented the buyer, a Central Valley-based investor, in the off-market transaction. 

With the closing of Vantage Point, TMG has been responsible for the sale of the two largest multifamily transactions in Bakersfield since the beginning of 2023. Bonas helped facilitate the sale of Cedar Oaks, a 98-unit multifamily community for $13.6 million back in October, which was also purchased by the same buyer. 

“Our buyer has been very active in the Central Valley with this marking their third acquisition in Bakersfield over the last 18 months,” said TMG’s Bonas. “All of their acquisitions were smooth transactions without any speedbumps in financing, proving that even in these tough market conditions, well capitalized buyers can still obtain loans without any issues.” 

Built in 1985, the garden style community sits on 6.31 acres of land at 6001 Auburn St. The property is comprised of one- and two-bedroom units ranging from 597 to 805 square-feet. Amenities include large closets, ceiling fans, heated pool, laundry facilities, and gated access.   

As a leader in multifamily investment advisory since its founding in 2015, The Mogharebi Group has been especially active in the Central Valley—closing on more than 10,000 units in the region with total value exceeding $1 billion. 

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