Bryan Labar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.