This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Real Estate

Jul. 9, 2002

AvalonBay Buys Luxury Burbank Apartments for $70.3 Million

AvalonBay Communities Inc. purchased The Promenade, a 400-unit luxury apartment home community located at 350 S. San Fernando Road in Burbank

        AvalonBay Communities Inc. purchased The Promenade, a 400-unit luxury apartment home community located at 350 S. San Fernando Road in Burbank
        
        The 15-year old property was bought from Woodland Hills-based PMG Inc., for $70.3 million, which included the assumption of $33.9 million in low-floater tax-exempt financ...

To continue reading, please subscribe.

Already a subscriber?

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)