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$500 Million Sale Tops List of LA Multifamily Deals in 2022

$500 Million Sale Tops List of LA Multifamily Deals in 2022
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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29th Street Capital Acquires Vintage 240-Unit Sunterra Apartment Community for $97.5 Million in Oceanside, California

OCEANSIDE, CA - Privately held real estate investment firm 29th Street Capital (29SC) has acquired Sunterra Apartments in Oceanside, California from Ideal Capital Group for $97.5 million. This marks the firm’s fourth multifamily acquisition in Southern California.
Built in 1974, Sunterra is a 240-unit Class B property. The community includes a resort-style pool, two playgrounds, a sundeck with an outdoor fireplace and a fitness center. The community improvement plan includes installing. ....

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Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring

Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring
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