Investor Kaweah LLC ended its more than a decade-long ownership of Roselake Apartments in Reno, NV, disposing of the 80-unit property for $11.8 million. The California seller, represented by CBRE’s Senior Vice President Ben Galles, agreed to an all-cash deal with buyer Daniel Ochoa. “The seller decided to cash out and not do a 1031 exchange,” Galles told ApartmentBuildings.com. “They had a pretty good basis in the property, as they acquired the asset in 2014, a few months before Tesla...
Apartment Buildings|New York & Tri-State|May 1, 2025
Haussmann Development has closed a $40.75-million refinancing loan from ACRES Capital for The Eve, a fully electric, mixed-income residential project at...
According to the National Multifamily Housing Council, 93.3% of apartment owners and operators experienced application, financial and identity fraud. Deception...