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Dekel Capital Arranges $50 Million Financing for Development of 331-Unit Multifamily Property in Salt...
Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, has placed $50 million in financing for the construction and development of the Pinnacle Sandy Apartments in the southeast corridor of the Salt Lake City metropolitan area. The deal was structured as a $36.1 million construction loan through Dekel Capital’s advisory practice and $13.9 million JV-Equity funded by the firm’s proprietary equity fund, Dekel Strategic Investors (DSI)
Unire Real Estate Group, inc. celebrates 15 year anniversary
Unire Real Estate Group is proud to announce it celebrates 15 years in business this year, marking what founder and president Mark Harryman thinks will be its most successful year yet. With a team of dedicated colleagues, Unire Group has grown from managing 1-million square feet in 2000 to more than 35-million square feet in the beginning of 2015, adding more than six million square feet to its portfolio last year
Charles Dunn Company Completes $2 Million Sale of Multifamily Property in Santa Monica, CA
LOS ANGELES, Calif. - July 2, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $2 million sale of a fully occupied eight-unit multifamily property located near Michigan Avenue at 1811 19th Street in Santa Monica, Calif
National Association of Counties (NACo) Awards 2014 Achievement Award to County of San Bernardino...
SAN BERNARDINO COUNTY, CA - June 17, 2014 - (RealEstateRama) -- The County of San Bernardino Economic Development Agency was awarded the 2014 Achievement Award in the category of Community/Economic Development by the National Association of Counties (NACo) for its State of the County Event. All told, the County of San Bernardino received 31 Achievement Awards from NACo this year for its innovative programs and services, including top honors for the Countywide Vision as well as the State of the County event, which promotes the Vision
Charles Dunn Company Completes Two West Hollywood Multifamily Property Sales
LOS ANGELES, Calif. - June 17, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed two multifamily property sales totaling $4.7 million in West Hollywood. The sales include; a 10-unit property that sold for $3.3 million and is located near Fountain Ave. and W. La Brea Blvd. at 1220 N. Formosa Ave; and a five-unit property that sold for $1.4 million and is located just north of Santa Monica Blvd. at 1231-1235 N. Vista St
CHARLES DUNN COMPANY COMPLETES $19.25 MILLION SALE OF TWO MEDICAL-RELATED OFFICE BUILDINGS IN ORANGE...
LOS ANGELES, CA - June 13, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $19,255,000 sale of two medical-related office buildings totaling approximately 100,000 square feet in the Orange County, Calif. cities of Cypress and Costa Mesa. The buildings are fully occupied by WCCT Global LLC, an early phase drug development Clinical Research Organization (CRO)
Charles Dunn Company Completes Record-Breaking Sale of Nine-Unit Multifamily Property in Los Angeles
LOS ANGELES, CA - June 6, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $2,894,000 sale of a nine-unit apartment property located at 3321 Mentone Ave. near the major cross street of National in Los Angeles.
KB Partnership Awards Charles Dunn Company 1.1 Million Square Foot Industrial Property Management Assignment
LOS ANGELES, CA - June 6, 2012 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has been awarded the KB Vernon Portfolio, a nearly 1.1 million square foot property management assignment from KB Partnership, a partnership between Black Equities and ARKA Properties both based out of Beverly Hills, California. The KB Vernon Portfolio totals ten buildings and is nearly 100 percent occupied. It consists entirely of industrial properties in the cities of Vernon and Los Angeles.
Colliers International Completes $2.326 Million Sale of a Retail Property in Tarzana, Calif.
Tarzana, CA - June 1, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $2,326,000 sale of an approximately 12,044 square foot vacant retail property located at 18553-18563 Ventura Blvd. in Tarzana. This prime Ventura Blvd storefront property is located in the heart of Tarzana’s business and entertainment district with significant frontage and excellent visibility near one of the busiest intersections in the San Fernando Valley on Ventura Blvd and Reseda.
Colliers International Completes $1.01 Million Sale of an 8-Unit Multifamily Property in Altadena, Calif.
Los Angeles, CA - May 17, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $1.01 million sale of an eight-unit apartment property located at 692 E. Pine Ave. in Altadena, Calif.
Colliers International Completes $4.46 Million Sale of a 40-Unit Multifamily Property in Glendale, Calif.
Los Angeles, CA - May 17, 2012 - (RealEstateRama) -- Colliers International, the third largest global real estate services organization, has completed the $4,462,000 sale of a two-story, 40-unit apartment property located at 401-403 W. Glenoaks Blvd. in Glendale, Calif
Mountain Real Estate Capital Expands its SoCal Developer/Builder Joint Venture Program
Torrance, CA - March 20, 2012 - (RealEstateRama) -- The joint venture between Mountain Real Estate Capital (MREC) and Harridge Development has recently acquired a bank-owned residential infill site located at 5120 Melrose Avenue, situated five miles northwest of downtown Los Angeles adjacent to Paramount Studios. The partners are in the process of re-entitling the site from multifamily to single family lots which they plan to sell to homebuilders. The terms of the acquisition were not disclosed.
Mountain Real Estate Capital Closes 2011 with Two Significant Bank Note Acquisitions
Torrance, CA - January 16, 2012 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the closing of two notable acquisitions: one for a loan portfolio with residential assets located throughout South Carolina and a separate note purchase on a high profile subdivision in the North Hills section of Raleigh. In total, MREC acquired approximately 150 performing and non-performing loans totaling over $100 million in loan balance. The loans are secured primarily by residential development properties in Raleigh, N.C., and the Charleston, Myrtle Beach, Hilton Head and Kiawah Island areas of South Carolina.
Mountain Real Estate Group Opens New York Office
Torrance, CA - November 30, 2011 - (RealEstateRama) -- Mountain Real Estate Group (www.mountainregroup.com), a leading buyer of distressed bank assets and a private capital source for real estate developers, builders and operators, has made a key strategic move in its national expansion plan by opening up a New York office. Located at 50 Main Street in the business district of White Plains, Mountain’s new office is the firm’s eighth regional office in the U.S. Rodney Montag, who has more than 25 years of commercial real estate development, homebuilding and investment market experience, will head the New York operation.
Faris Lee Investments Completes Three Single-Tenant NNN Leased Retail Property Sales
Irvine, CA - October 11, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment advisory firm, has recently closed several single-tenant NNN leased property sales totaling more than $6.5 million including a property occupied by Del Taco in McKinney, TX, a property occupied by Carl’s Jr. in Newhall, Calif., and a property occupied by Wells Fargo in Stallings, NC. With this recent deal activity, the firm has completed a total of 20 single-tenant, NNN leased retail property transactions this year valued in excess of $50 million, proving that the single-tenant property category continues to be in demand by investors.
Charles Dunn Company Completes $5.45 Million Sale of a 29-Unit Multifamily Property in Los...
Los Angeles, CA - September 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $5.45 million sale of The Kester House, a 29-unit multifamily property built in 1984 that is located at 5421 Kester Ave. in Sherman Oaks, Calif. (Los Angeles County).
Faris Lee Investments Completes Receivership Sale of $3.7 Million Multi-Tenant Retail/Office Property in Aliso...
Irvine, CA - September 21, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, has completed the $3.7 million sale of The Shops at Pacific Park, a 15,195 square foot multi-tenant retail and office strip center in Aliso Viejo, Calif. Built in 1999 and situated on 1.18 acres, the property is located at 22912 Pacific Park Drive. The property, which was sold through receivership, is 88 percent occupied and includes a mix of dining, retail, and office tenants.
Ecclestone buys Aaron Spelling property in Los Angeles for US$85 million
Raffles Place, Singapore - July 22, 2011 - (RealEstateRama) -- Petra Ecclestone, the daughter of F1 Supremo Bernie Ecclestone, has bought the Los Angeles home of Amercian film and television producer, Aaron Spelling.
Charles Dunn Company Completes $4.42 Million Sale of an 18-Unit Multifamily Property in Los...
LOS ANGELES, CA - July 6, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.42 million sale of an 18-unit multifamily property that was built in 2004 and is located at 817 Wilcox Ave. in Los Angeles.
Charles Dunn Company Completes 26,336 Square Foot Office Lease Valued at $8 Million with...
LOS ANGELES, CA - June 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a 10-year, 26,336 square foot office lease valued at $8 million with California Community Foundation (CCF) and U.S. Bank.