Real Estate/Development
Jan. 2, 2000
Investment management firm acquires Coronado apartments for pension fund
LaSalle Investment Management purchased Oakwood Coronado Apartments in Coronado on behalf of a pension fund. The property, which was renamed Coronado Bay Club at closing, sold for $55 million.
LaSalle Investment Management purchased Oakwood Coronado Apartments in Coronado on behalf of a pension fund. The property, which was renamed Coronado Bay Club at closing, sold for $55 million.
"As the only investment-grade multifamily property on Coronado Island, Coronado Bay Club has a unique competitive position," says Richard E. Van Wert, LaSalle vice president, who negotiated the deal on behalf of the buyer.
Tom Moran, Mary Ann King and Mike Murphy of Moran & Co. r...
"As the only investment-grade multifamily property on Coronado Island, Coronado Bay Club has a unique competitive position," says Richard E. Van Wert, LaSalle vice president, who negotiated the deal on behalf of the buyer.
Tom Moran, Mary Ann King and Mike Murphy of Moran & Co. r...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In