Buchanan Street Partners closed 2018 on a high note, completing one of the largest apartment transactions of the year in Colorado. The Newport Beach-based real estate investment management firm paid $72.5 million for Creekside at Palmer Park, a 328-unit complex five miles east of dowtown Colorado Springs. The deal went...
Buchanan Street Partners recently acquired Creekside at Palmer Park, a 328-unit Class A apartment complex in Colorado Springs, Colorado for $72.5 million from Griffis Blessing. Built in 2003, the complex is a mix of one, two and three-bedroom apartments with an average of 993 square feet per unit, exceeding the...
More than 1,000 real estate professionals came together on October 11 at the sixth annual Encore for Education concert to rock out with number one single Billboard artist Fitz and the Tantrums. Hosted at the House of Blues, Anaheim, the event raised $147,000 to benefit Music Matters, a program created...
Buchanan Street Partners has finished construction on a 298-unit luxury community in Herriman, Utah. The company also began leasing the apartments, which are restricted to residents age 55 and over. Incline at Anthem is a Class A multifamily asset that Buchanan purchased in 2017 while it was partially completed. Located...
NEWPORT BEACH, Calif. and SEATTLE, Wash. – (Nov. 26, 2018) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has closed on a $16 million non-recourse bridge financing to Net Lease Alliance to resume and complete the construction of a 125,100 square-foot retail center in the...
Late-cycle investing calls for close attention to all potential risk/reward scenarios. Markets develop their own momentum and when a feeding frenzy takes hold, undisciplined investors often throw caution to the wind. They want a piece of the action and fear being left in the dust. Even discerning investors can rationalize...
Since inception, Encore for Education has raised more than $805,000 for Music Matters and this year’s concert will feature LA-based Fitz and the Tantrums. In 2017, Encore for Education raised more than $160,000 to benefit Music Matters and restart music programs at Orange County public schools. ANAHEIM, CA—Encore for Education,...
NEWPORT BEACH and LOS ANGELES (August 28, 2018) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has provided $4.1 million in short-term bridge loan financing for the acquisition and repositioning of Pacific Apartments, a 13-unit multifamily complex in the Mar Vista neighborhood of Los Angeles,...
Delving deeper into the geographical jargon of market tiers sheds light on investment trends and value-add opportunities that would have gone overlooked just a decade ago. The real estate industry is known for its shorthand captioning of complex topics, often assuming that industry participants share common background knowledge. Since this...
