Real Estate/Development
Nov. 3, 2011
Real Estate Deals
Hot apartment market leads to $95 million multifamily sale in San Clemente An institutional investment fund sold a 368-unit San Clemente apartment complex for $95 million.
Hot apartment market leads to $95 million multifamily sale in San Clemente
An institutional investment fund sold a 368-unit San Clemente apartment complex for $95 million.
The fund, managed by TRECAP Partners, sold the 25-acre Seacrest Apartment Homes at a time when investors are increasingly clamoring for multifamily properties, which are experiencing rental growth as many other real estate sectors suffer. ...
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