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Dunleer Sells The Abbott, a Six-Unit Apartment Property in Highland Park Neighborhood of L.A., for $
The renovated property sold for almost $400,000 per unit and more than $400 per square foot. Published By: Multifamily Press Los Angeles, CA – Dunleer, a Los Angeles-based private real estate investment and development firm, today announced the $2.375 million sale of The Abbott, a fully occupied six-unit apartment property located at 400 N Avenue 54 in the
Dunleer sells The Cottage Club, a charming and iconic rental community in Highland Park neighborhood
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $3.222 million sale of The Cottage Club Published By: Yield Pro Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $3.222 million sale of The Cottage Club, an iconic rental community consisting of eight stand-alone cottages located at 336 N
US Housing Deficit Could Grow Due to Coronavirus
The economic disruption could amplify anxieties about homeownership for millennials. Published by: GlobeSt Prior to the coronavirus pandemic, the US had a severe housing deficit. In fact, at that time, the word crisis was largely used to describe the shortage of affordable and attainable housing. While the pandemic has certainly stolen the headlines, there could continue to
‘Highly Differentiated Product’ Still in High Demand
A property in Silver Lake traded hands in the early stages of the outbreak, but the deal likely wouldn’t look much different if it traded today, according to those involved. Published By: GlobeSt Highly differentiated product is still in high demand, despite the economic upset caused by the coronavirus pandemic. An fully renovated 8-unit property in Silver
L.A. Apartment Property from 1926 Sells for $414k/Unit
The Monroe Apartments & Bungalows, a two-building, eight-unit apartment property in Los Angeles, sold for $3.31 million. Published by: RentTV The property is located at 4018 Monroe St, south of Santa Monica Blvd and just east of Virgil Ave, adjacent to the city’s Silver Lake neighborhood. The 4.9k sf property, originally constructed in 1926, recently underwent
Why Apartment Investors Are Returning to Core Markets
Written by: BJ Turner Published by: Multi-Housing News As core apartment markets heated up over the past several years, many investors looked to place capital in secondary and tertiary markets where cap rates were more advantageous. Denver, Dallas, Austin and Phoenix, among others, were viewed as opportunistic markets as companies entered or expanded there, subsequently creating a greater
COVID-19 and Commercial Real Estate: What We Know, What We Don’t
“This is a very complex situation with no easy or immediate answers” Published By: RE Business Online The coronavirus pandemic (COVID-19) has not only impacted the physical health of humans around the world, but the health of the U.S. economy as well. The stock market has fallen about 33 percent from its February highs, and unemployment is estimated to
Dunleer Sells Portfolio of Three Los Angeles Apartment Assets Totaling $12.18 Million
The properties total 32 units and were sold to a private, Southern California-based investment group. Published By: Multifamily Press Los Angeles, CA – Dunleer, a Los Angeles-based private real estate investment and development firm, today announced the $12.18 million portfolio sale of three apartment properties in Los Angeles. The properties total 32 units and were sold to a private,
15 Smart Ways To Attract Retiree Home Buyers
Expert Panel, Forbes Real Estate Council Published by: Forbes While millennials are a highly sought-after target demographic in the real estate world, baby boomers are also viable options. As boomers head toward retirement, they may be looking to downsize or move to a new location — whether it’s closer to family, in a warmer climate or just more
Dunleer Outperforms for Investors on Hollywood Opportunity Zone Property Sale
The sale delivered a 20% net return to investors, exceeding expectations. Published by: Newswire LOS ANGELES, October 16, 2019 (Newswire.com) – Dunleer, a Los Angeles-based private real estate investment and development firm, today announced an early exit on an investment in the Hollywood submarket of Los Angeles. The Centro Apartments are located in an Opportunity Zone and ultimately appealed
