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California investor buys Lakeview apartment building with Target store

The seller of the seven-story building on Clark Street came out ahead, but not by much. ....

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South Gate Apartments Sell for $130M - Los Angeles Business Journal

Learn about a 244-unit apartment building sale in South Gate. ....

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Special Report: Real Estate Quarterly: Q1 2022 Data - Los Angeles Business Journal

Special Report: Real Estate Quarterly: Q1 2022 Data - Los Angeles Business Journal
labusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from labusinessjournal.com Daily Mail and Mail on Sunday newspapers.

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SCVNews.com | City Council Committee Requests Research on Workforce Housing

The Santa Clarita City Council Development Committee asked city staff to examine workforce housing projects in other cities to determine if the housing option is a good fit for Santa Clarita. ....

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Standard Communities Pays $68M for Virginia Senior Property

Standard Communities Picks Up Virginia Senior Property
The total capitalization for the 597-unit Chesapeake asset was $68 million, including renovation and other costs.
Apr072021
Chesapeake Crossing
Standard Communities, the affordable housing division of Standard Cos., has purchased a 597-unit, mixed-income senior asset in Chesapeake, Va. The total capitalization of the deal was roughly $68 million, which includes renovation and other costs. According to Yardi Matrix, Boyd Homes was the seller of the property, dubbed Chesapeake Crossing.
The new owner is planning to implement a $7.5 million capital improvement plan that will upgrade individual units, as well as the amenities, parking and courtyard. The property’s fire and safety systems will also receive an overhaul. NorthMarq brokered the sale o behalf of the buyer. ....

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