Feb 23 2009
By Bob Howard
Olympic Studios
SANTA MONICA, CA-Developer Neil Shekhter of NMS Properties thought small to create his recently opened Olympic Studios, a project of 165 two-story lofts where the units average 375 square feet and rent for $1,061 to $1,327. Shekhter has rented out [...]
Jul 03 2008
28-Unit Complex Trades in Arcadia Milan Properties Inc. Blog
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Nov 23 2007
DMC Investment Adds 67-Unit Multifamily to Portfolio
Interstate Equities Corp., of Los Altos, CA, purchased the 67-unit Casa Vaquero apartment community at 1630 Calle Vaquero in Glendale from DMC Investment Group Inc. for $16.35 million, or approximately $244,030 per unit.
Built 1968, the 54,690-square-foot Casa Vaquero complex is on 1.94 acres. The unit mix consists of three [...]
Nov 21 2007
Four-Property Portfolio Totals Nearly 1,000 Units; Three Buyers Come Away With Assets
Citing a strong investor appetite for California apartment properties, Kennedy Wilson (KW) Multifamily Management Group has sold four multifamily assets totaling almost 1,000 units in Santa Clara, Santa Barbara and Los Angeles counties for a combined $147 million.
The deals each closed separately over the [...]
Nov 08 2007
owners of residential rental property in Northern California have seen a great deal of property
appreciation in the past five years. They may now be considering selling their current rental or apartment
building, and moving up to a larger building, a better area, or a different type of investment real estate. The
1031 Tax Deferred Exchange allows [...]