L.A. developer snaps up Isla Vista complex for $6M
Los Angeles investment firm Majestic Asset Management has purchased a 36-unit apartment complex in Isla Vista for about $6 million.
Read More →Investors plan to boost apartment portfolios despite GSE cutback
Even as the Obama administration reins in the massive government-sponsored entities Fannie Mae and Freddie Mac, tri-county real estate investors say the shift will likely have a nominal effect on the region’s robust apartment investment market.
Read More →Ventura apartments sell for $82M
A 316-unit apartment complex in Ventura has changed hands for $82 million, one of the largest such deals in recent years. San Mateo-based private real estate investment management firm JB Matteson purchased the luxury Vanoni Ranch Apartments at 10676 Veronica Lane in Ventura. The seller was undisclosed. The apartment complex consists of 27 two-story buildings Read More →
Read More →IV apartment developer believes good students make better tenants
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