Advanced Real Estate Buys Costa Mesa Apartments for $234M

Advanced Real Estate Buys Costa Mesa Apartments for 234Mf

Advanced Real Estate has paid $234 million to acquire a 714-unit apartment complex in Costa Mesa. For context, this single transaction eclipsed the money involved in all multifamily deals in Orange County between January and August 2023, according to a report from Yardi Matrix. The sale was announced Dec. 28. Irvine-headquartered Advanced bought the complex, […]

Looking back at real estate in 2023

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Before giving serious thought as to what my readers should expect from the 2024 real estate market, I wanted to first review what I considered the significant real estate topics