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OXNARD, CA-The multifamily syndicator and operator pays $10.4 million for the apartment community and an adjacent three-acre parcel. The deal translates to an 8.3% capitalization rate and a 6.8 gross rent multiplier.
MIDWAY CITY, CA- Built in 1973, Midway Manor Apartments consists of 99 one- and two-bedroom units. The financing has a 6.68% interest rate and a loan to value of 71%.
ORANGE, CA-The locally based provider of title insurance services declares a five for four stock split, which will be effective on July 18, 2002. The company's CEO says the stock split is being implemented to reward current shareholders, as well as encourage new investors.
ONTARIO, CA-The company wraps up a $25-million recapitalization involving its ownership of the 211,898-sf Ontario Gateway retail center. The new funds will be used to develop as much as 30,000 sf of additional retail space at the 23-acre Ontario site.
ONTARIO, CA-A Pasadena-based investment group purchases a 27,743-sf industrial building in Ontario. Built in 1987, the freestanding building is fully occupied.
BUENA PARK, CA-A private investor snaps up the facility, which stands at 6925 Aragon Circle.
FULLERTON, CA-The Santa Ana-based company signs a seven-year agreement for retail space at 464 West Commonwealth. The transaction is valued at $1.3 million.
OXNARD, CA-The San Juan Capistrano-based company nets nearly $1 million in the sale of the land parcel to Sanwall Properties. The Oxnard site is located at the northwest corner of Lambard and Wankel.
NEWPORT BEACH, CA-The Newport Beach-based REIT will pay out a dividend of $.43 per common share on July 12, 2002. This reflects an increase from the first quarter dividend, which was $.40 per common share.
FULLERTON, CA-The Morgan Group pays more than $13 million for a 12.5-acre parcel here and plans to build a mixed-use complex on the site. Construction has already begun on the project, which will include 292 luxury rental units and 11,000 sf of retail space when completed.
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource