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Newmark Knight Frank Completes the $45 Million Sale of a 306,243 RSF Office Tower in the LAX Submarket of Los Angeles

Los Angeles, CA (10/09/2019) – Newmark Knight Frank (NKF) has announced that an affiliate of San Francisco-based real estate investment firm The Roxborough Group, LLC in partnership with The Ruth Group, LLC (TRG), a Los Angeles-based investment and management firm, completed the sale of 5901 W Century Boulevard, located in Los Angeles, CA. NKF’s Co-Head …

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Mentor Properties Sells Sonoma Sol Multifamily Community in Phoenix’s West Valley for $32.2M

By Amy Works July 23, 2019 PHOENIX — Mentor Properties has completed the sale of Sonoma Sol, a multifamily community located in Phoenix’s West Valley. A joint venture between an affiliate of The Roxborough Group and SB Real Estate Partners acquired the asset for $32.2 million, or $100,781 per unit. The buyer plans to rename …

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West Phoenix Multifamily Asset Sells For $32.25 Million

July 22, 2019 Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property in Phoenix’s West Valley. The asset sold for $32.25 million, or $100,781 per unit. “The property benefits from its location near the Southwest Valley Industrial …

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Las Vegas Portfolio

Continental Realty Advisors and The Roxborough Group Sell Las Vegas Portfolio for $137.5 Million

LAS VEGAS (July 2019) – Continental Realty Advisors Ltd. “CRA”, a Denver-based owner of multifamily communities nationwide, and San Francisco-based real estate investment firm The Roxborough Group, LLC, through an affiliate of Roxborough Fund I, L.P. announced the sale of a three-community portfolio comprised of 1,194 units in Las Vegas for $137.5 million. This follows …

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Continental, Roxborough Divest Las Vegas Portfolio for $138M

July 12, 2019 Denver-based Continental Realty Advisors Ltd. and San Francisco-based The Roxborough Group, LLC, through an affiliate of Roxborough Fund I, L.P., sold a three-community portfolio comprised of 1,194 units in Las Vegas for $137.5 million. The buyer was undisclosed. Continental Realty Advisors’ David Snyder says, “The business plan hinged on stabilizing what was …

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Vegas Multifamily Portfolio Trades in $137 Mil Deal

July 10, 2019 A three-community, 1,194-unit multifamily portfolio in Las Vegas traded hands in a $137.5 mil ($115.2k/unit) transaction. The assets were sold by Continental Realty Advisors Ltd (CRA) and San Francisco-based real estate investment firm The Roxborough Group LLC, through an affiliate of Roxborough Fund I L.P. The Las Vegas portfolio consists of: Stonegate …

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CRA, The Roxborough Group Sell Las Vegas Multifamily Portfolio for $137.5 Million

By Jeff Shaw July 10, 2019 LAS VEGAS — Continental Realty Advisors (CRA) and The Roxborough Group have sold a three-community multifamily portfolio spanning 1,194 units in Las Vegas. The price was $137.5 million. The buyer was not disclosed. The Las Vegas portfolio includes: the 440-unit Stonegate Apartments, which was constructed in 1991; the 402-unit …

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