Bryan Labar News Today

WESTLAKE VILLAGE, CA - The Mogharebi Group (TMG), has announced the $127 million sale of Regency Palms, a 310-unit gated multifamily community in Huntington Beach, CA in what is one of the largest multifamily transactions in Orange County over the last 12 months. The transaction was arranged by Senior Vice Presidents Brett Bayless, Bryan LaBar, and Associate Advisor Nick Earl from the TMG headquarters located in Costa Mesa, CA. The seller, an institutional investment firm which owned the...

The Chicago-based REIT sold the asset after nearly 30 years of ownership. REIT Equity Residential has sold an Orange County community.

The Chicago-based REIT sold the 310-unit Regency Palms in Huntington Beach for almost $410,000 per unit.

The Mogharebi Group has facilitated the $50.5 million sale of The Landing Apartments, a 156-unit community in Ontario, Calif.

The multifamily market in Southern California’s Inland Empire is attracting investors’ attention as more people flee Los Angeles.

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President of TMG. “To maximize the value of this community, we aggressively marketed it to our robust pool of 1031 exchange buyers as well as an expansive network of private and high-net-worth investors, we were able to drive the value.” Mr. LaBar concluded, “The property represented a great value with solid upside that required a special buyer to realize its full potential.” Bryan LaBar and TMG represented the seller, a Los Angeles based private investment group. Built in 1984, Bern...

Press release content from Business Wire. The AP news staff was not involved in its creation. Record Breaking Apartment Sale in Turlock by The Mogharebi Group February 3, 2021 GMT The Mogharebi Group, (“ TMG ”) has completed the sale of Arbor Manor Senior Cottage Homes, a 49-unit senior community located at 140 West Minnesota Avenue in Turlock, California. The property sold with multiple offers for a record-setting sales price of $7.2 million or $147,000 per unit. ADVERTISEMENT (Photo: B...

Press release content from Business Wire. The AP news staff was not involved in its creation. Record Breaking Apartment Sale in Moreno Valley by The Mogharebi Group January 22, 2021 GMT The Mogharebi Group, (“ TMG ”) has completed the sale of Victory Gardens Homes, a 30-unit community located at 13989 Moreno Rose Place in Moreno Valley, California. The property sold with multiple offers for a record-setting sales price of $6.76 million or $225,000 per unit. “Due to below market rents, ...