STAYING STRONG FOR OUR CLIENTS

The Swanson Apartment Team News

Our team was fortunate to help the Sellers of 419 Hamilton navigate through difficult times after the unfortunate death of a family member in 2019. While the owners lived in Egypt, our Team was able to provide the highest level of service, while leveraging our company‚Äôs international platform to help coordinate this transaction from start to finish. Through the arrangement …

Senior Apartments in Huntington Beach Sold for $49M

The Swanson Apartment Team News

Newport Beach-based KDF Communities acquired Five Points Senior Apartments, a 166-unit multifamily community in Huntington Beach from an unnamed private party for $49 million. The deal traded at a 15.68 GRM and 3.67% cap rate. Read the full article at Connect Media

Santa Ana Apartments Sell For First Time In 35 Years

The Swanson Apartment Team News

After multiple offers, a 35-year-old multifamily property in Santa Ana sold for the first time for $6.8M. The 29-unit multifamily development is spread over four separate parcels on 2.26 acres. Its sale was part of a 1031 exchange. Colliers International senior vice president Patrick Swanson and associate Brenden Felix repped the seller. Both Swanson and Felix are based in Colliers’ Irvine office. …

San Angelo Apartments Sell for $7.2M

The Swanson Apartment Team News

Strattford Capital LLC purchased the 30-unit San Angelo Apartments at 8131 San Angelo Dr. in Huntington Beach, CA from a private trust for $7.2 million, or about $232,000 per unit. Patrick Swanson and Brett Bayless of Colliers International in Irvine represented the seller. Gary Tolfa of Investment Property Group represented the buyer. Read the full article at CoStar.