AmTrustRE Completes 360 Lexington Avenue Repositioning

AmTrustRE has completed a comprehensive modernization at 360 Lexington Ave. in Manhattan. Led by preeminent New York-based architecture firm MdeAS Architects, the project reimagines the 268,000-square-foot office building as a modern, hospitality-driven workplace. AmTrustRE acquired... Read more »

Former Hotel-Turned-University-Campus Trades for Repositioning

DAUM Commercial Real Estate Services finalized the $14.4-million sale of an 87,598 square-foot former university campus on approximately 6.4 acres in the Los Angeles County city of Lancaster. VP Dennis Marciniak represented the... Read more »
Costa Mesa Multifamily Changes Hands for Value-Add Repositioning

Costa Mesa Multifamily Changes Hands for Value-Add Repositioning

Marcus & Millichap finalized the sale of 1990 Maple Ave., a 41-unit multifamily property in Costa Mesa. The property sold for $16.9 million or $412,195 per unit, approximately $550,000 above the property’s 2018 selling price. “Sundance West Apartment Homes presented a rare opportunity to acquire a low-density multifamily community... Read more »
Garage Condo Project Lands Acquisition and Repositioning Loan

Garage Condo Project Lands Acquisition and Repositioning Loan

JLL Capital Markets secured an acquisition and repositioning loan for Grand Prix Auto Club, a garage condo redevelopment project in San Diego. Located at 8108 Mercury Ct. in San Diego, Grand Prix Auto Club will transform an... Read more »