Advanced was formed in 1982 and currently owns and operates over 10,000 apartment units throughout Southern California with a market value of approximately $4 billion. Advanced funds their investments with private equity. All property management and renovation are carefully administered through their in-house management and construction arms. This vertically integrated approach allows Advanced to most efficiently execute their business plan of acquiring value-add properties in Southern California, renovating them to the highest standards, and then effectively managing them for the long-term.
Tag: Advanced Real Estate
Advanced Real Estate Adds 68-Unit Beachpoint Apartment Community to Its X Fund
Advanced Real Estate has acquired Beachpoint, a 68-unit multifamily asset in Huntington Beach, in a recent $25 million purchase. The property, which includes a...
Institutional Property Advisors brokers sale of Orange County multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foxborough Apartments, a 90-unit apartment complex in Orange, California. The...