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Started this discussion. Last reply by L. Cheatham Apr 14, 2015.
Started Apr 30, 2013
El Dorado Hills, CA - L5 Investments, a Northern California-based multifamily investment firm is pleased to announce the successful closing of an 88-unit apartment community in Pittsburg, CA (an emerging submarket of East Bay San Francisco, CA). The property, built in 2003 is a 55+ age, deed restricted, garden style community.
Posted on May 3, 2016 at 4:21pm — 1 Comment
El Dorado Hills, CA - L5 Investments, a Northern California-based multifamily investment firm is pleased to announce the successful closing of a 31-unit apartment community in SeaTac, WA (an emerging submarket of Seattle, WA). The property, built in 1967 and renovated in 2006/2007, offers both operational and physical repositioning opportunities that will increase value and cash flow.…
Posted on May 3, 2016 at 4:20pm
SANTA BARBARA, CA—The moderation in apartment rent growth that some industry observers are expecting for this year hasn’t happened so far in 2016, says Yardi Matrix. April rents nationally rose $13, or 1.1% month over month, to $1,194, the fourth consecutive all-time high, according to the firm’s Matrix Monthly report based on a survey of 115 markets.…Continue
Posted on May 2, 2016 at 12:40pm
Sacramento, CA - L5 Investments, a Northern California-based multifamily investment firm is pleased to announce the successful closing of a 395-unit apartment community in Kansas City, MO. The property, built in 1989, is a one of a kind, lake-front community within walking distance to numerous Fortune 500 retailers. An $11.8M Freddie Mac loan was sourced via Grandbridge Capital.
The property is well positioned and stands to benefit from L5’s…
Posted on August 27, 2015 at 4:50pm
Los Angeles, CA (June 28, 2013) – L5 Real Estate Investments (“L5”), a Southern California-based multifamily investment firm, and its partners have recently acquired two apartment communities totaling 300 units in the Tyler, Texas market. Both properties were built in the early 1980s and are solid Class ‘B’ properties with historically high occupancies.…Continue
Posted on July 26, 2013 at 1:13pm