Tag: Properties

Intercontinental RE Corp/MG Properties JV Acquire Los Angeles Area Apartments for $87.3 Million

Lexington Apartments BOSTON – Sept. 12, 2022 – PRLog — Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million. Built in 1986, The Lexington offers a unit mix of one- and two-bedroom apartment homes housed in 11 two-story residential buildings on a 15-acre-site at 30856 Agoura Road.   100% of the unit interiors have been renovated over the past five years by the seller. Agoura Hills is in the heart of the Conejo Valley, an affluent region 35 miles ... Read more

John Carl, III Joins BH Properties to Lead Real Estate Value Add Platform

John Carl, III LOS ANGELES – Aug. 24, 2022 – PRLog — Veteran real estate investment professional John Carl, III has joined BH Properties as Senior Managing Director to head the firm’s value-add acquisitions platform out of its Dallas office, announced President James Brooks. “The move adds additional resources to our acquisition platform and expands the role of Senior Managing Director Andrew Van Tuyle to a strategic playmaker working along side our Chairman and Founder, Steve Gozini,” said Brooks. Carl, with more than two decades of principal-based real estate investment experience across multiple product types and markets, will be responsible ... Read more

Dedeaux Properties Closes First Half of 2022 with $400M+ in Investment and Development Activity

2238 S Lilac Avenue Bloomington, Ca LOS ANGELES – July 19, 2022 – PRLog — Dedeaux Properties continues its torrid industrial investment and development momentum tilting the walls on a 47,809-square-foot high through-put distribution center in the Inland Empire submarket of Bloomington, CA. Located at 2238 S. Lilac Avenue, only one mile from I-10, the Class A project will include 85 dock high doors, 226 trailer parking stalls, 44 auto parking spots and a 5,698 square foot two-story office area. Delivery is anticipated end of 2022. “Demand for modern, mid-size and large industrial space is being fueled by a wide ... Read more

BH Properties Opens Houston Office to Manage Growing Portfolio in Central and Southern Texas

Brady Wilkins, Bh Properties LOS ANGELES – March 7, 2022 – PRLog — Los Angeles-based real estate investment firm BH Properties has opened a regional office in Houston to manage its growing portfolio in Central and Southern Texas under the direction of longtime Texas commercial real estate investment professional Brady Wilkins who joins the firm as Senior Asset Manager, announced company President Jim Brooks. The new office led by Wilkins, who has spent the majority of his 30-year real estate career in Houston, complements the firm’s Dallas office headed by Senior Asset Manager Jordan Myller. BH Properties, which has approximately ... Read more

Secure properties and plan journeys ahead of storms

WEBWIRE – Friday, February 18, 2022 Should the worst happen, customers can register their claim online 24/7. -Kelly Whittington, director of property and speciality claims at Aviva With storm warnings in place for many parts of the UK this week, Aviva is advising residents and business owners to carry out checks to their properties to help prevent damage. The insurer is also encouraging motorists to take extra precautions if they need to travel. According to Aviva* research, almost a quarter of UK residents (23%) – equivalent to 6.4 million households** – have previously experienced damage to their ... Read more