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Home Finance Waterford Property, CSCDA Purchase 105-Unit Multifamily Property in Pasadena for $67MM
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Waterford Property, CSCDA Purchase 105-Unit Multifamily Property in Pasadena for $67MM

November 5, 20212 Mins read380
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Newport Beach, CA (November 4, 2021)  -- Waterford Property Company (Waterford) in partnership with California Statewide Community Development Authority (CSCDA) has acquired THEO, a 105-unit multifamily community located at 289 N. El Molino Ave. in Pasadena, for $67 million. Upon taking ownership of THEO, Waterford, as project administrator, and CSCDA will immediately lower rents for […]

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