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PRESS RELEASE: Charles Dunn Company Completes $1.67 Million Sale of Multifamily Property in Santa Monica, California
2013-12-02 19:54:00| National Real Estate Investor
Darcie Giacchetto Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $1,675,000 sale of a fully occupied, six-unit multifamily property located at 1963 17th St. near the major cross street of Pico Blvd. in Santa Monica, Calif. Kimberly Roberts Stepp, senior managing director with Charles Dunn Company, represented the seller, a private investor from Los Angeles, as well as the buyer, an investor from Asia. The transaction closed at a 4.5 percent cap rate. read more
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PRESS RELEASE: Charles Dunn Company Completes $2.4 Million Sale of Multifamily Property in Studio City Submarket of Los Angeles, California
2013-11-25 18:42:00| National Real Estate Investor
Darcie Giacchetto Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $2.4 million sale of a fully occupied, 10-unit multifamily property located at 11019 Fruitland Dr. in the Studio City submarket of Los Angeles, Calif. read more
PRESS RELEASE: Mack-Cali Acquires 159-Unit Multi-Family Residential Community in Rahway
2013-11-21 17:06:00| National Real Estate Investor
Ilene Jablonski Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has acquired the two-building, 159-unit multi-family property known as Park Square in Rahway, New Jersey, which includes a parking garage and approximately 6,000 square feet of retail space. The property was acquired for a purchase price of approximately $46.5 million. read more
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PRESS RELEASE: Thorofare Capital Funds Acquisition of $9,545,500 Multifamily Loan Portfolio in Fort Worth and Arlington, Texas
2013-11-21 17:03:00| National Real Estate Investor
Felix Gutnikov Thorofare Capital has recently financed the acquisition of three cross-defaulted, cross-collateralized notes, with a current unpaid principal loan balance of approximately $9,545,500, secured by three multifamily properties located in Fort Worth and Arlington, Texas. read more
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PRESS RELEASE: Cohen Financial Arranges More Than $5.4 Million For Multifamily Acquisition In Arizona
2013-11-21 16:29:00| National Real Estate Investor
Kathy Zoeller Cohen Financial, a national real estate capital services firm, today announced that its Phoenix office has secured a $5.474 million acquisition loan for Acacia Pointe, a multifamily property consisting of 208 apartments located at 8344 North 67th Avenue in Glendale, Arizona. The property is well occupied with stable operations. read more
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