News

…Investing on behalf of an institutional real estate fund, PRG has targeted middle-market multifamily properties in the greater Los Angeles area. “We will continue to add value to our portfolio with an increased focus on project management using our development […]

…”We continue to be bullish on the Inland Empire’s Riverside and San Bernardino counties due to their close proximity to employment centers in higher-priced Los Angeles and Orange counties. These value-added investments are uniquely positioned to meet a growing demand […]

…Continuing an aggressive buying blitz throughout Southern California, Phoenix Realty Group spent $65 million for a pair of Inland Empire apartment complexes. The 366-unit Windrush Village Apartments in Colton, CA sold for $34.5 million, while 268-unit Galleria at Towngate Apartments in Moreno […]

Phoenix Realty Group has bought two apartment complexes in the Inland Empire for $65 million, as part of a recent string of purchases in Southern California that reflect the company’s optimism for the region’s rental market. “We continue to be […]

…Phoenix Realty Group has brought its 2011 acquisition tally to 10 with the purchase of two communities in California’s Inland Empire. The group just announced the acquisition of Windrush Village Apartments in Colton, Calif., and Galleria at Towngate Apartments in […]

…New York investment firm Phoenix Realty Group bought a Long Beach apartment complex last month for $34.5 million, the latest in a string of acquisitions targeting Southern California residential properties. Since December 2010, Phoenix Realty has spent $228 million to […]

Windrush Village Apartments in Colton, Calif. and Galleria at Towngate Apartments in Moreno Valley, Calif. bring SoCal acquisitions to 10 in past year LOS ANGELES – Citing the continued upside potential for rental properties in Southern California, Phoenix Realty Group […]