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Home Finance Clarion Partners Sells 100-Unit Multifamily Property in San Diego For $51MM To AvalonBay Communities
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Clarion Partners Sells 100-Unit Multifamily Property in San Diego For $51MM To AvalonBay Communities

October 17, 20242 Mins read1.3k
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Photo by Himmel S on Unsplash
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By Rhiannon Saegert  AVA Balboa Park, a 96,232-square-foot apartment building in San Diego’s Banker’s Hill neighborhood, has changed hands for $51 million, or $510,000 per unit. AvalonBay Communities, a multifamily real estate investment trust with properties across 12 states, purchased the 100-unit apartment building from Clarion Partners, a global real estate investment company with a […]

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