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.

The…

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.…

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.…

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…

L5 Acquires Apartment Portfolio in Tyler, TX  

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.…

Dear Friends & Associates,

As we approach year end 2012, we look back upon another strong year for L5 Real Estate Investments.  Our assets continue to outperform initial financial projections.  Property occupancies are at their highest levels despite entering a typically slower winter/holiday rental season.  We are in contract to sell two properties totaling 312 units and are in current negotiations to acquire another 300-400 units in…

Here is some recent intel into the national multifamily market:

Multifamily Permits Jump 20% (October 2012) 

http://www.multifamilyexecutive.com/permitting/multifamily-permits-are-up-more-than-20-percent.aspx

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I am pleased to announce L5 Investments’ latest news. We are entering escrow to purchase a 96% occupied, 232 unit apartment community (The Woodlands) in Odessa, TX. The property, built in 1982, is in excellent condition and has a great track record of occupancy and cash flows.…