Updated Oct 19, 2026
Advanced Real Estate Services Inc Purchases Multifamily Asset In Fullerton For $99 Million
2656 Associated Rd
$99,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 1, 2016
About this deal
AI
The property asset involved in this transaction is a MultiFamily type located at 2656 Associated Rd, Fullerton. The sale was finalized at a price of $99,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $99,000,000.00
- Address: 2656 Associated Rd
- Market: Fullerton
- Buyer: Advanced Real Estate Services, Inc.
- Broker: Derrek Ostrzyzek
- Broker Agency: CBRE
The transaction involved Advanced Real Estate Services, Inc. as the buyer, with Derrek Ostrzyzek from CBRE representing the deal. Details regarding the specifics of the representation were not disclosed.
On the Map
$99,000,000
MultiFamily
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Fullerton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93