Ventura
SoCal Apartment Dwellers to Pay Triple-Digit Rent Increases
The 2021 University of Southern California Casden Economics Forecast projects triple-digit dollar rent increases in the next two years for… Read more
CDC Renter Moratorium: The Necessity, the Reality and the Impact on the Multifamily Sector
In September 2020, the Trump administration announced a halt on eviction proceedings targeting residential renters. This was in response to the Centers for Disease Control and… Read more
Harrison Street Acquires 28 Assets in Two Senior Housing Portfolios
Harrison Street has been busy with senior housing purchases. In the first, Harrison Street acquired a 12-property class-A senior housing… Read more
Aegis Living, Blue Moon Snag 10 Senior Living Assets in $350M Deal
Bellevue-based Aegis Living and Boston-based Blue Moon Capital Partners LP formed a second JV with the acquisition of 10 communities… Read more
Raintree Claims Five-Property SoCal MF Portfolio for $142M
Dana Point-based Raintree Partners acquired a portfolio of five multifamily communities in SoCal totaling 551 units from an unnamed private… Read more
JLL Closes $118M in SoCal Manufactured Home Community Financings
A San Diego-based team at JLL Capital Markets arranged more than $118 million in financing in separate transactions for seven… Read more
George Smith Partners Delivers $54M Loan Amid ‘COVID-Conservatism’
George Smith Partners secured a $54-million permanent loan on behalf of Pacific Heritage Communities for the Parklands Apartments newly completed… Read more
NorthMarq Delivers $52M in Financing for Ventura MF
San Mateo-based JB Matteson, Inc. received $51.5 million in permanent debt to refinance Vanoni Ranch Apartments, a 316-unit garden-style apartment… Read more
California Gov. Newsom Closes Bars in 7 Counties, Advises Another to Reinstate Stay-Home Order
The Golden State’s planned reopening took a few steps back over the weekend. California Governor Gavin Newsom on Sunday tweeted:… Read more
Moorpark Neighborhood Retail Trades for $20M
Camarillo-based Chesser Group Inc. has acquired a neighborhood shopping center, The Village at Moorpark, for $20 million. The 129,374-square-foot community… Read more
Portside Ventura Harbor Delivers Multifamily First Phase
Ventura, CA-based developer Portside Partners Ventura Harbor, LLC, has delivered phase one of Portside Ventura Harbor, featuring 56 multifamily units… Read more
Report: Four Metros Reach Full Home Price Recovery
Four new metro areas have reached values last seen during boom-era peaks more than 13 years ago, according to a… Read more
CBRE Handles $73M California MF Deal
Ventura Del Sol, A 255-unit apartment complex in Ventura, CA, traded hands for $72.5 million. The buyer was an undisclosed… Read more
SoCal Home Prices Flat, Sales Fall in August
Home sales in Southern California fell in August and prices were flat, according to the latest research by CoreLogic. That… Read more
Home Sales Drop to 11-Year Low, Number Plunges 17% from Previous Year
The housing market in Southern California took another hit last month as sales plunged 17% from a year earlier, according… Read more
NKF Expands in SFV, John DeGrinis Team Joins from Colliers
NKF expanded its San Fernando Valley footprint with the addition of a team of industrial market leaders led by John… Read more
Universe, Hanover Snag Ventura MF for $100M
Universe Holdings and joint venture partner Hanover Financial, LLC acquired Capes at Ventura, a 400-unit, institutional quality apartment community in… Read more
Ventura Harbor MF Development to Initiate Leasing Phase
Portside Ventura Harbor, a 27-acre coastal community featuring 270 deluxe apartment residences and 30 live/work units, is moving toward completion… Read more
IPA Brokers Record-Setting Multifamily Sale in Ventura
Long Beach, CA-based NNC Apartment Ventures Inc. acquired Via Ventura, a 192-unit apartment property in Ventura, CA from Equity Residential… Read more