BREAKING NEWS

A Rarity: New Office Building to be Built in Houston

Howard Hughes Buys Office Building in The Woodlands

Demand for Vacation Homes Nosedives

DC Partners Adds Kimpton Hotel to Fredericksburg Project

RNR Real Estate Briefs – Texas & more

Houston Design District Adds Modern Apartments

REALTY NEWS REPORT - Logo

Downtown Houston
RNR-RalphBivinsProject-Interviews
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Apartment Roundup

by Realty News ReportOctober 23, 2011
Share0

 

IRVING, Texas – Oak Villas, a 548-unit property located at 2414 North MacArthur Boulevard in Irving has been sold to Oak Villas Apartments, LLC of Brooklyn, NY. Built in 1964, Oak Villas underwent a significant rehab in 2002, and the Buyer plans to continue toupgrade unit interiors and push rents higher. The Seller was Orix Capital Markets, LLC, a Delaware limited liability company, receiver of Dallas.The transaction was negotiated by Tom Burns and Jay Gunn of the Dallas office of Hendricks & Partners on behalf of the Seller.

RICHLAND, Wash. – The 142-unit Orchard Hills, located at 1845 Leslie Road in Richland, WA. The 142-unit apartment community was sold for $7,950,000. Constructed in 1994, Orchard Hills consists of 32 one-bedroom, 56 two-bedroom, 40 three-bedroom, and 14 four-bedroom units. The seller was Orchard Hills ICG, LLC, a Washington limited liability company of Seattle, WA. The Buyer was Strata Orchard LLC of San Diego, CA.The transaction was negotiated by Phil Oester of the Portland office and Tim Ufkes of the Seattle office of Hendricks & Partners on behalf of the Seller.

SAN DIEGO – San Diego-based MG Properties Group announced its $11,750,000 acquisition of Ocean Village, a 63,000-square-foot mixed-use residential and retail property, including 33 condo units that will be converted to rental apartments, in downtown Oceanside, California. Completed in 2009, the property is located at 401 N. Coast Highway. The project includes 10,676 square feet of ground-level retail space fronting Pacific Coast Highway, served by street and tuck-under parking.

Share0
previous post
Office Sells for Record Price
next post
San Antonio Office Vacancy Declines

Related posts

Demand for Vacation Homes Nosedives

Realty News ReportMay 19, 2025

DC Partners Adds Kimpton Hotel to Fredericksburg Project

Realty News ReportMay 17, 2025May 17, 2025

RNR Real Estate Briefs – Texas & more

Realty News ReportMay 17, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

CommGate
new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
230725-RNR_Digital-Ad_Red
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact