Madonna Road apartments sell for $10.5M
A 120-unit affordable housing apartment complex in San Luis Obispo has changed hands for $10.5 million. Seattle-based Vitus Group, an affordable housing developer, purchased the property at 1550 Madonna Road, which is on the west side of San Luis Obispo off Tank Farm Road. The seller was a local affiliate of the United Brotherhood of Read More →
Read More →Thousand Oaks apartments sell to L.A. investors for $51.4M
The apartment complex drew more than 90 interested buyers and received multiple offers.
Read More →Thousand Oaks apartments sell for $51.4M
A 191-unit apartment complex in Thousand Oaks has been sold to a Los Angeles investment firm for $51.4 million, an almost 20 percent premium over the property’s last sale price in 2007. IMT Capital purchased the Archstone Thousand Oaks Crest complex at 491 W. Gainsborough Road. The property drew more than 90 interested buyers and Read More →
Read More →Workforce demand is driving region’s coming apartment boom
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Read More →Yardi rides the rising tide of the U.S. apartment market
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Read More →Towbes Group grabs Goleta with Groupon-like deals at retailers
The Towbes Group is using its marketing muscle to cross-promote its shopping center and apartment complexes in the Goleta area.
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