Mike Smith

View All Tags
  • San Fernando Valley Luxury Asset Acquired for $44 Million

    A private investor recently completed the acquisition of a residential asset in Encino, CA for a reported amount of $44 million. According to real estate firm Lee & Associates, the property was acquired from IMT Capital, a Sherman Oaks, CA-based company. The off-market transaction was completed with the assistance of Lee & Associates – LA North/Ventura Managing Director and Principal Jim Fisher, Lee Principal Mike Smith and Associate, Cory Stehr. The buyer was in a 1031 Exchange, and acquired the property as a long-term investment.

    Los Angeles 15 February 2015 20:48
  • First Ever Multifamily Property on Millionaire’s Row in Pasadena Trades Hands

    The South Orange Grove Apartments recently traded hands in the Pasadena submarket. The residential property was sold for a price that exceeds the original listing price that was set at $9.5 million. South Orange Grove Apartments was acquired by a private investor from an entity of City Ventures.

    Los Angeles 18 January 2015 21:55

You May Also Like

  • Upgrades Underway at Suburban Atlanta Office

    The modernization project includes enhancements to the building’s exterior and interior features in order to transform it into a highly amenitized, 21st-century office community.

    11 August 2017 12:29
  • Kimco Breaks Ground on 1 MSF Retail Project

    Phase I of Dania Pointe will feature 300,000 square feet, which is already 80 percent pre-leased to a variety of brands. The development is located 10 minutes from the Fort Lauderdale-Hollywood International Airport and Port Everglades.

    14 August 2017 11:17
  • Meet CPE’s 2017 Stars to Watch: Colin Fitzgibbons, KDC

    "You have to be disciplined with what projects you go after," says the executive, who led development and leasing of retail, restaurant and entertainment opportunities at one of the largest mixed-use projects in the U.S.

    01 May 2017 22:36
  • Florida 645 KSF Office Park Welcomes New Tenants

    Two wireless companies will occupy approximately 40,000 square feet of office space at Sawgrass Technology Park in Sunrise, Fla. The asset is currently 36.6 percent vacant.

    19 June 2017 09:11
  • Creative Co-Working Space to Open in Columbus Suburb

    Brick House Blue in Dublin, Ohio, is set to open late this fall. The 9,000-square-foot meeting space is part of Bridge Park and will unify distinct business owners in a collaborative work environment.

    08 August 2017 13:56
  • TA Realty Sells $202M Mid-Atlantic Industrial Portfolio

    The properties are situated within the states of Maryland and Delaware. The company worked on behalf of Realty Associates Fund VIII and Realty Associates Fund X.

    26 July 2017 11:31
  • Poll: Renewable Energy

    CPE has a new poll! We want to know if any of the properties you invest in, manage or represent, use on-site renewable energy.

    08 August 2017 17:10
  • Economy Watch: Driven by Residential, Construction Spending Enjoys February Gain

    Both private and public spending were up for the month and from the same time last year, according to the Census Bureau's latest report.

    04 April 2017 13:26
  • Copaken Brooks Takes a Leap into KC Industrial Market

    Frequently associated with office and mixed-use projects, the company announced its first industrial development. Midwest Gateway will be a 500,000-square-foot project located directly adjacent to the BNSF intermodal facility in Edgerton, Kan.

    04 May 2017 20:45
  • Yardi Launches Hurricane Harvey Registry; Pledges $1M

    To help the tens of thousands of people affected by Hurricane Harvey and to assist its multifamily clients in the region, Yardi has leveraged its RENTCafé property marketing and leasing platform to create a housing registry website that will help displaced residents find temporary and permanent homes.

    05 September 2017 19:49