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Friday, June 21, 2024

Tag: CBRE Group

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Landing at Fiesta Village

CBRE Announces Sale of 220-Unit Multifamily Property Landing at Fiesta Village in Mesa Arizona

Landing at Fiesta Village, a 220-unit apartment property in Mesa, Arizona was acquired by Millburn & Company. The asset was sold by a venture...
Cottonwood Creek Apartments

CBRE Announces Sale of 24-unit Apartment Community Cottonwood Creek Apartments in Colorado Springs

Cottonwood Creek Apartments, a 24-unit apartment community in Northeast Colorado Springs, Colorado traded hands in a recent $3.5 million ($145.8k/unit) deal. Built in two phases,...
Hillsborough Apartments

CBRE Arranges Sale of 25-Unit Multifamily Property Hillsborough Apartments for $8.62M in North San...

CBRE announced the sale of a 25-unit multifamily property known as Hillsborough Apartments in Oceanside, California, to a private investor for $8.62 million. The...
Utama Royale

CBRE Acquires Trophy Multifamily Asset Utama Royale Apartments in Beverly Hills for $28M

CBRE and Carolwood Estates recently brokered the sale of Utama Royale, a luxury, 18-unit multifamily building located at 10351 Wilshire Boulevard between Beverly Hills...
Beachwood Apartments

CBRE Arranges Sale of 18-Unit Multifamily Property Beachwood Apartments in Downtown Huntington Beach for...

CBRE announced the sale of Beachwood Apartments, an 18-unit multifamily community in Huntington Beach, California to a private investor. The sale price of $8.65...
Greg May

Greg May Rejoins CBRE in Orange County

CBRE has announced that Greg May has rejoined the firm’s Newport Beach office as SVP, specializing in office properties across Orange County. With more...
Huntington Beach

CBRE Facilitates Sale of Adjacent Residential Fourplexes in Huntington Beach for a Combined Price...

A private investor purchased two four-unit multifamily properties in Huntington Beach for a combined price of $5.425 million. The seller is based in Huntington...
Mill Creek Townhomes

CBRE Arranges Sale of 140-Unit Mill Creek Townhomes Near Newport Rhode Island

CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of Mill Creek Townhomes, a 140-unit, 100% market-rate...
Cazador Lane

CBRE Arranges Sales of Two Multifamily Properties in San Clemente California Located on Cazador...

CBRE announced the sales of two six-unit multifamily properties in San Clemente, California to individual private investors, resulting in a combined sale price of...
1751 Cabrillo Avenue

CBRE Completes Sale of Apartment Property in Torrance California

CBRE announced the sale of an 11-unit multifamily community in Torrance, California for $4.81 million. Commenting on the transaction, Blackwell stated, “This was an exceptional...
Hanover North Cambridge

CBRE Arranges $182M Sale of 294-Unit Multifamily Complex in Cambridge Massachusetts

CBRE announced the completion of the $182 million sale of Hanover North Cambridge, a 294-unit luxury apartment complex located adjacent to the MBTA Alewife Station in Cambridge, Massachusetts. Completed in 2022, the newly developed residential community was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its institutional partner. Ideally located in the number one life sciences market in the world that is home to more than 32 million sq. ft. of office space, as well as renowned universities Harvard and MIT, Hanover North Cambridge boasts one of the market’s most impressive apartment and amenity packages. The recently completed property is LEED Gold Certified and boasts over 26,000 sq. ft. of indoor and outdoor amenity space including 7,067 sq. ft. of retail space housing a vibrant Caribbean inspired full-service restaurant. Additional amenities include a grand lobby with a reception area; meeting spaces and leasing offices; modern resident club room with an oversized screen; lounge seating and shuffleboard; a co-working lounge with banquette and communal seating; USB connectivity and private meeting space; and a 24-hour state-of-the-art fitness center featuring Echelon Reflect Touch Mirror & Smart Connect Bikes. Providing the perfect work/life balance, the brand-new apartment homes offer four different custom kitchen finishes and unrivaled amenities. In addition, the community is built over a podium offering two levels of covered garage parking. “Hanover North Cambridge is one of the premier residential properties in the heart of one of the country’s top biotech hubs in Cambridge,” said Mr. Butler. “The acquisition provided the buyer an opportunity to own a best-in-class building in the neighborhood, given its ideal location and exclusive lifestyle amenities as well as a tremendous upside in lease-up due to climbing rents in the area.” The CBRE Capital Markets team of Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler led the transaction team in marketing the property and exclusively represented the seller in the negotiations.
1121 W Fay Ln 1125 Anaheim California

CBRE Completes Two Apartment Sales in Anaheim California for $5.5M

CBRE announced the sale of two multifamily rental communities totaling 20 units for over $5.5 million in Anaheim, California to two separate buyers.   In...
multifamily outlook

CBRE gives 2022 multifamily outlook

CBRE recently released its 2022 U.S. Real Estate Market Outlook report. It forecasts that 2022 will be a very good year for the multifamily...
Residences at Munroe Place

CBRE arranges sale of 111-unit mixed-use multifamily community in Quincy, Massachusetts

CBRE announced that it has arranged the sale of The Residences at Munroe Place, a 111-unit apartment community with ground floor retail located at...
The Tannery

CBRE announces the sale of The Tannery in Glastonbury, Connecticut

CBRE announced the sale of The Tannery, a 250-unit Class A apartment community in Glastonbury, Connecticut. The CBRE team of Jeffrey Dunne, Simon Butler,...

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