Ventura County Asset Sells for $93M – Multifamily Real Estate News August 22, 2022 Beth McCandry The appetite for real estate investments continues to be high; transactions of around 1.2 billion euros are in various stages of negotiation Putting the Headlines into Context
 100vw, 300px”/>The Vines at Riverpark</p>
<p><strong>Interstate Equities Corp.</strong> has acquired The Vines at Riverpark, a 164-unit multifamily community in Oxnard, Calif., for $93 million, in an off-market transaction. The seller was <strong>Champion Real Estate Co.</strong>represented by Senior Director Mike Murphy and Managing Director Adrienne Barr with <strong>Berkadia Institutional Solutions</strong>.</p>
<p>Completed in 2015, Vines at Riverpark encompasses 21 buildings, with two- and three-bedroom townhouses ranging from 1,173 to 1,408 square feet. The Class A property was built as luxury condominiums that resemble single-family homes. In-unit amenities include enclosed garages with direct access, private patios or balconies, washers and dryers, central air and heat and stainless-steel appliances.</p>
<p>Located at 3040 N. Oxnard Blvd., the community is next to The Collection at Riverpark commercial center, a green area and a dog park. Route 101 is only 2 miles from the property, offering several additional dining and retail options.</p>
<p>The seller, Champion Real Estate Co., recently acquired a site in Seattle for $7.3 million, planning to develop a 110-unit, 516-bed student housing community. Victory at the U will be a 21-story tower comprising a mix of four-bedroom apartments and townhomes.</p>
</div>
</div>
</article>
</div><!-- .cm-posts -->
<ul class=)