Decron Properties Buys Phoenix Multifamily After LA Sales
Decron Properties shifted investments from Los Angeles to Phoenix by selling assets in Thousand Oaks for a Phoenix property, using a 1031 exchange to defer capital gains taxes. [ more ]
Controversial landlord wants to buy six more troubled Skid Row properties
AIDS Healthcare Foundation to buy properties from failed Skid Row housing trust for $27 million, continuing to operate as housing for formerly homeless residents. [ more ]
San Ramon property deal clears the way for new housing development
Lennar Homes has purchased property near Bishop Ranch in San Ramon to build a residential project.
The development site, currently occupied by two office buildings, has been bought for $40.5 million by affiliates connected to Kennedy Lewis Investment Management and Lennar Homes. [ more ]