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Lee San Diego Represented the Seller of a 132K SF Lot with 75 Apartments for $9.6M in El Centro, CA

Click Here to Read the full Article on the San Diego Business Journal An El Centro apartment complex was sold for $9.6 million in a deal brokered by San Diego commercial real estate agents. Imperial Properties LLC, represented by Ricardo Lopez of ACI Apartments, bought the 71,250 square-foot complex at 699 Wake Ave. Built on a 131,986 square-foot lot with 75 apartments in seven two-story buildings, the complex was sold by Villas Bonitas LLC represented…

Lee & Associates’ Warren Berzack Named Influencer in Multifamily by GlobeSt.com

  Warren Berzack of Lee & Associates featured in Globest.com in this latest edition of  Influencers series spotlighting the multifamily asset class. October 11, 2019 – Warren Berzack is a leader in the multifamily market. In 2018, he was named the leading multifamily broker at Lee & Associates and Real Estate Forum named him one of the top 50 brokers under 40 and one of Tomorrow’s Leaders. With more than 20 years of industry experience, Berzack…

Lee & Associates’ Brian Pohl: Chicago Apartment Demand Reaches All-Time High

For the Chicago region’s multifamily sector, the current environment marks both a high watermark for development and investment sales, and a tipping point in terms of emerging challenges. These range from obtaining joint venture equity to higher assessment valuations. Connect Media asked Lee & Associates principal Brian Pohl, who specializes in the acquisition, disposition, and placement of real estate investments in greater Chicago and throughout the Midwest, to map out the market’s terrain. Q: Across…

Phoenix Rising: A Tale of Secondary-City Strength

We’ve all heard of the upsurge of traditionally secondary cities, especially as millennial’s establish themselves in markets that provide a host of made-for-the-market amenities. That’s why Lee & Associates’ Todd Braun is bullish on the Phoenix multifamily. August 28, 2019 (PHOENIX, AZ) – Affordability and a healthy return on investments are just two of the reasons why younger renters and diversifying investors are migrating to multifamily opportunities in secondary markets. Arguably no metro in the…