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PRESS RELEASE: Lee & Associates Closes $6.6 Million Multifamily Sale in Pasadena

2013-10-23 20:47:00| National Real Estate Investor

The Hoyt Organization Lee & Associates negotiated a $6.6 million cash sale of a 18,735-sq.-ft. multifamily property located at 171 N. Wilson Ave. in Pasadena, Calif. The seller, Revere Investments, is a private real estate investment group based in Palos Verdes, Calif. read more

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PRESS RELEASE: Transwestern Brokers $15 Million Sale of Dorsey Place, Condominium-Quality Apartments in Tempe, Ariz.: Transaction Indicative of Growing Need for Multifamily Units in Region

2013-10-23 19:46:00| National Real Estate Investor

Stefanie Lewis Transwestern today announced it brokered the sale of Dorsey Place, an 84-unit, condominium-style apartment building on East University Drive in Tempe, Ariz., for nearly $15 million. San Diego, Calif.-based Stratford Partners and Pathfinder Partners, which had purchased the building in 2011, sold the building to a joint venture between Diversified International Partners and Alliance Residential of Phoenix. read more

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PRESS RELEASE: Pembrook Capital Management Provides $7.5 Million in Preferred Equity Financing For Brooklyn Multifamily Development

2013-10-21 20:36:00| National Real Estate Investor

Tom Nolan The loan will be used to facilitate the construction of Lincoln Park, a 133-unit apartment complex. read more

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PRESS RELEASE: Transwestern Mid-Atlantic Multifamily Group Arranges the Sale of Virginia Village for $68 Million

2013-10-18 19:55:00| National Real Estate Investor

Stefanie Lewis Transwestern's Bethesda, Md.-based Mid-Atlantic Multifamily Group arranged the sale of Virginia Village, a 344-unit garden-style apartment community in Alexandria, Va. Virginia Village was purchased for $68 million by Fieldstone Properties. read more

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MIAMIS YTECH INTERNATIONAL CLOSES ON $35 MILLION ACQUISITION OF 1,312 MULTI-FAMILY UNITS IN HOUSTON, TEXAS

2013-10-18 17:58:00| National Real Estate Investor

Alexandra C. Ytech International, a nationwide multi-family investment and development company, has closed on the $35 million acquisition of five multi-family developments in Houston, Texas (Harris County), totaling 1,312 units. read more

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