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BELVEDERE, CA—The 22-unit apartment property, of which 16 feature private gardens and docks on the Belvedere Lagoon, was owned by the same family for almost 80 years and fetched the highest price for a West Coast development.
NEW YORK CITY—Each for different reasons, Millennials and Baby Boomers are gravitating toward apartments as a solution, says a Kroll Bond Rating Agency report.
NEWPORT BEACH, CA—Private investors looking to complete 1031 exchanges have led the way as the most active buyers and sellers in 2017, and they have a specific strategy in mind, CBRE's Dan Blackwell tells GlobeSt.com.
LOS ANGELES—Reza Ghobadi, a broker that has closed more than $750 million in transactions, joins Colliers International after a recruitment battle between major firms, and will lead the firm's multifamily and mixed-use investment business.
PARSIPPANY, NJ—Kasbar has more than 27 years of transactional brokerage experience and, over the past decade, has been involved in $50 million annually in lease transactions.
CARLSBAD, CA—Carlsbad Village Lofts, which received unanimous City Council approval recently, even won approval from a council member known for not being developer friendly, AVRP Skyport's Doug Austin tells GlobeSt.com.
ORLANDO, FL and BEIJING—The sale of Blackstone's remaining interest in SeaWorld Entertainment is the latest in a series of major real estate deals between the asset management giant and Chinese firms.