News

RE Journals Article

St. Louis-based ElmTree Funds recently closed the sale of six real estate assets totaling more than $127.5 million. ElmTree, which is focused on the acquisition and operation of single-tenant, office, industrial and healthcare properties across the United States, closed on…

Ventura Shopping Center Changes Hands

Ventura Shopping Center Changes Hands By Stephanie Henkel Tuesday, July 5, 2016 Poinsettia Plaza, a shopping center in Ventura, has sold for $50 million. Representing itself in the transaction was IRA Capital Advisors of Irvine, which purchased the 153,200-square-foot property…

Pasadena Medical Building Flipped

  IRA Realty Capital saw a $6 million gain late last month when it sold a Pasadena medical office property it acquired just last year. While it might scream “flip,” the five-year-old Newport Beach private equity firm was approached by…

Commercial Real Estate Direct Article

Portfolio of Industrial, Office and Medical Properties Sells for $127.5Mln   A Commercial Real Estate Direct Staff Report   IRA Capital Advisors has paid $127.5 million, or $170/sf, for a portfolio of six industrial, office and medical properties with a…

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