Saturday , 19 October 2019
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CBRE named FORTUNE 500 / Anaheim apartments trade

CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500.

The 286-unit Mariposa Apartments, located in Anaheim, CA. was sold for $43 million, at a 4.8% cap rate on in-place income.
The Seller was Kennedy Wilson of Beverly Hills, CA, and the Buyer was Cadigan Mariposa, LLC of Tustin, CA. Ten-year, fixed-rate financing was provided by Deutsche Bank. The off-market transaction was negotiated by Robin D. Ossenbeck, Partner, of Hendricks & Partners, and Shane Shafer of Hendricks & Partners on behalf of the Seller.

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