NEWPORT BEACH, Calif. - CBRE announced the sale of two multifamily apartment communities in Anaheim, Calif., totaling $16.77 million and 53 units ($316,415 per unit combined), facilitating and completing a 1031 exchange for a local private investor. “Our client wanted to trade their existing 20-unit, 1960s apartment property, Pearson Gardens, for a newer property with more […]
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