Free Sacred Trinity Church Sells Off 30 Units for Nearly $9.1 Million By Adrian RoblesCoStar ResearchJune 11, 2021 | 1:13 P.M. Immobilier Funds, a San Diego-based institutional investor, acquired Casa Lane Townhomes at 7010-7014 Casa Lane in Lemon Grove, California, for $9.05 million, or about $302,000 per unit, from Free Sacred Trinity Church. The sale represented the buyer’s …

A Chula Vista apartment complex has been sold for nearly $4.2 million. Immobilier Funds acquired Sunrise Manor Apartments, 228 H St., from Stahl Living Trust. Built in 1970, the two-story complex has 19 apartments. There are 12 two-bedroom apartments averaging 850 square feet and seven one-bedroom apartments averaging 600 square feet. Cristina Munteanu of PacBlu …

A Lemon Grove apartment complex has been sold for $4.5 million. Golden Avenue Apartments, 8058 Golden Ave., was acquired by Immobilier Funds from Lemon Grove Investment Group, LLC. PropertyADVANTAGE will manage the complex. The buyer was represented by Abe Peay and Jeff Diller, senior associates of South Coast Commercial, Inc. The seller was represented by …

Investors Sell 28 Units CoStar Group –  Directeur LLC and Immobilier Funds acquired the Illinois Street Apartments at 4111 Illinois St. in San Diego, CA for $7 million, or about $250,000 per unit. The apartment building consists of seven one-bedroom and 21 two-bedroom units, and was 100 percent occupied at the time of sale. Located …

San Diego Source The 50-unit Olive Avenue Apartments complex at 3240 Olive St. in Lemon Grove 91945, has been sold for $6.35 million. The buyer was Immobilier Olive LLC, 5142 Avenida Encinas, Carlsbad 92008, attention: Scott DeGoler, c/o Property Advantage. The acquisition was financed with a loan of $6.35 million from JPMorgan Chase Bank (NYSE: JPM). The seller of …

November 18, 2013 FOR IMMEDIATE RELEASE Immobilier Funds (Immobilier Olive LLC) successfully closed the purchase of 50 apartments November 15, 2013 at 3240 Olive Street, Lemon Grove for $6,300,000 (“Olive Avenue Apartments”) or $126,000 per unit.  Of the 50 units, 34 are 1 bedrooms and 16 are 2 bedrooms. Scott DeGoler, President of DEGO Inc, …

November 12, 2013 FOR IMMEDIATE RELEASE Immobilier Funds (Immobilier Illini LLC) successfully closed the purchase on another bulk condominium purchase on November 8, 2013 at 4111 Illinois Street in the North Park area of San Diego for $7,000,000 (“Illinois Arms”) or $250,000 per unit.  All 28 units were converted from apartments to condominiums in 2006, …

San Diego Business Journal North Park Apartment Complex Sells for $7 Million Monday, November 18, 2013 Directeur LLC and Immobilier Funds of Rancho Santa Fe have purchased the 28-unit Cota Arms Apartments in North Park for $7 million, according to CoStar Group and public data. The seller of the property, at 4111 Illinois St., was …

July 11, 2013 FOR IMMEDIATE RELEASE Immobilier Funds (Immobilier H Palms LLC) successfully closed the purchase on another bulk condominium purchase on July 11 at 4077 3rd Avenue in the Hillcrest area of San Diego for $3,690,000 (“Hillcrest Palms”) or $205,000 per unit.  All 18 units were converted from apartments to condominiums in 2006 and …

18 Condo Units Sold for $3.7M Adams LaSalle Realty Sells Portion of Hillcrest Palms By Adrian Robles August 27, 2013 Directeur LLC and Immobilier Funds has acquired 18 units at the Hillcrest Palms, located at 4077 3rd Ave. in San Diego, CA from Adams LaSalle Realty as a bulk portfolio for $3.69 million, or about …