Acacia Capital Acquires Camino Real
Rancho Cucamonga, California
Rancho Cucamonga, California – Acacia Capital has acquired Camino Real, a 272 unit garden-style community, from a joint venture between SARES•REGIS Group and institutional investors advised by J.P. Morgan Asset Management. This value-add opportunity closed on July-31 and was brokered by Tom Moran Jr. of Moran & Company’s California office...
1000 South Broadway Sells to Greystar
Denver, CO – National real estate developer, Fore Properties, has sold 1000 South Broadway, a 260-unit luxury apartment community in central Denver, CO to Greystar Real Estate Partners. David Martin and Pamela Koster, Mountain States Regional Partners of Moran & Company, represented the seller in the transaction. The sale closed on July 14th...
427-Unit CasaLago Eastlake Apartment Community Sells
Chula Vista, California
Chula Vista, Calif. – An institutional buyer has purchased CasaLago Eastlake, a 427-unit, newly constructed apartment community in the sought after master-planned community of Eastlake in South San Diego. The seller, a joint venture between Resmark Apartment Living and ColRich Multifamily, was represented by Mike Murphy, a Director, and Mary Ann...
Park Place at Petworth Metro Sells to TA Associates Realty
National real estate investor, Canyon-Johnson Urban Funds, has sold Park Place at Petworth Metro, a 161-unit luxury mixed-use apartment community in northwest Washington, DC to TA Associates. Randal Howard, Mid-Atlantic Regional Partner of Moran & Company, represented the seller in the transaction. The sale closed on October 6th, 2014 for $62...