Biggest deal: Edmond apartments sell for $17.4 million
December 20, 2015 • Journal RecordCalifornia-based Fowler Property Acquisitions was the buyer in Edmond’s largest multifamily deal this year.
Student Housing Asset Changes Hands
December 18, 2015 • GlobeSt.comFPA MultiFamily LLC, of San Francisco has agreed to pay $69.5 million for Fifty Twenty-Five, a 260-unit, 942-bed, class A luxury student housing community serving San Diego State University. Holliday Fenoglio Fowler, (HFF) which marketed for an undisclosed seller announced the sale on Thursday.
Student Apartment Property Near SDSU Sold for $69.5 Million
December 17, 2015 • San Diego Business JournalTwo significant commercial real estate deals were recently completed in San Diego’s College Area, including the $69.5 million acquisition of a 263-unit student housing community by an affiliate of San Francisco-based Fowler Property Acquisitions LLC.
TruAmerica Completes Major Portfolio Acquisition With Five Pacific NW Apartments
December 15, 2015 • Multi-Housing NewsTruAmerica Multifamily, with the backing of its institutional equity investors—including Allstate and The Guardian Life Insurance Company of America—acquired five apartment properties in the Pacific Northwest.
The Apartment Co. Buys Oceana Apartment Homes in Oceanside
December 2, 2015 • Connect CaliforniaOceana Apartment Homes, a 100-unit apartment complex in Oceanside, was recently purchased by The Apartment Company for $18.2 million. Fowler Property Acquisitions sold the property.
Oceanside Apartments Sold for $18.2 Million
December 2, 2015 • San Diego Business JournalThe Apartment Co. of Encinitas has purchased the 100-unit Oceana Apartment Homes in Oceanside for $18.2 million, according to Institutional Property Advisors (IPA), a division of brokerage company Marcus & Millichap. The seller of the property, at 180 Canyon Drive, was San Francisco-based Fowler Property Acquisitions LLC.
Historic El Cortez to be redeveloped into microapartments
November 24, 2015 • AZ Big MediaCBRE has completed the sale of most of the units in the historic El Cortez condominium complex in midtown Phoenix. The sale included 146 of the 165 units in the complex for a sale price of $6.4 million.
Exclusive: San Francisco group to turn former Art Linkletter resort into new micro-housing
November 23, 2015 • Biz JournalsSan Francisco-based FPA Multifamily LLC has bought up most of the units at the historic El Cortez condominum complex in Phoenix for $6.4 million. The El Cortez is located in Phoenix’s Melrose Distrct near Seventh Avenue and Osborn Road. It was built in 1964 by longtime television personality Art Linkletter.
Record apartment sales pace keeps up with $15.5M sale of Lake Oswego apartments
October 26, 2015 • Biz JournalsAdding to the record pace of apartment sales in the metro region, a California investment firm has purchased an 82-unit community in Lake Oswego for $15.5 million.
ABI Multifamily Brokers $10.75M Value-Add Sale of Paradise North Apartments to California-based Investor, FPA Multifamily
October 6, 2015 • Commercial Executive MagazineABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the $10,750,000 sale of the 138-Unit, Paradise North Apartments located on 40th Street, just North of Bell Road in the Northeast Phoenix/North Paradise Valley submarket.