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The Korda Group sold North Pointe Apartments in Corvallis, Oregon. The 160 unit Community was the Korda Groups only asset in Oregon. “With the Covid pandemic in full swing, tertiary markets like Corvallis have seen record valuations,” said Daniel Korda, the Company’s Commercial Property Supervisor, “and we felt this was an idea time to redeploy…
Category Archives: Sales
Dec
31
2020
The Korda Group sold 4084 Gaviota, a 28 unit 1970s area building in Encino, California. The building was the last community owned by The Korda Group built by Joseph Korda, the Company’s founder. “While the sale of such a sentimental asset is bittersweet, we have outgrown communities of this size and feel the capital can…
Apr
28
2020
The Korda Group is pleased to anounce the sale of 951 Stadium Way, an entitled development site on the 110 freeway close to Dodger Stadium. The Site was entitled for 158 units but can be rezoned under the Transit Oriented Communities (TOC) program. Company President Robert Korda said: “We were able to complete this sale in the…
Apr
12
2018
Disposition of Nova Pointe Sold Nova Pointe, a 600 unit community in Colton, CA. After a six year hold, the Nova Pointe traded at a 50% premium over the purchase price.
Jun
21
2016
Sold Ventura Commerce Center, a 34,200 square foot office building in Ventura.