IMT Capital: IMT Capital Has Big Multifamily Plans in Thousand Oaks, Calif.

Multifamily developer and investor IMT Capital is so bullish on the market in its own stomping grounds that it paid $37 million for about 10 acres in Greater Los Angeles, and plans to build a major new mixed-use housing development. The property includes a vacant big box, once occupied by Kmart. But L.A.-based IMT plans [...]