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Turnbridge Equities Acquires LA Industrial Park for $28 Million

Turnbridge Equities Acquires LA Industrial Park for $28 Million

by Phil Hall | Apr 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Turnbridge Equities, a New York City-based real estate investment and development firm, has acquired Eton Industrial Park, a 205,000-square-foot multi-tenant industrial park located in the Canoga Park neighborhood of Los Angeles, for $28 million. The property is...
Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million

Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million

by Phil Hall | Apr 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sterling Organization, a private equity retail real estate investment firm based in West Palm Beach, Florida, has acquired Rossmoor Shopping Center, a 118,846-square-foot shopping center in Walnut Creek, California, for $61.1 million. Located in the San Francisco Bay...
Former Kraken Executives Buy Majority Stake in Janover

Former Kraken Executives Buy Majority Stake in Janover

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A group of former executives from the cryptocurrency exchange Kraken has acquired majority ownership in Janover Inc. (NASDAQ: JNVR), a commercial real estate platform. The new leadership acquired 728,632 shares of common stock and all 10,000 outstanding shares of...
The BW, Los Angeles Apartment Complex, Sells for $58.1 Million

The BW, Los Angeles Apartment Complex, Sells for $58.1 Million

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The BW, a 78-unit apartment asset with 2,300 square feet of ground floor retail in the Brentwood neighborhood of Los Angeles, has been sold for $58.1 million, or $744,872 per unit. The property was completed and offers a mix of studios, one-, two- and three-bedroom...
Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, has acquired Venture on 52nd Street, a foreclosed 71-unit multifamily property in the Arcadia neighborhood of Phoenix, for $11 million. The transaction marks the second time Neighborhood...
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