53-Unit Portfolio in Anaheim Trades for $16.77MM in 1031 Exchange

NEWPORT BEACH, Calif. - CBRE announced the sale of two multifamily apartment communities in Anaheim, Calif., totaling $16.77 million ($316,415 per unit combined) and 53 units, 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 […]