Home Finance Advanced Real Estate Acquires 253-Unit Casitas Apartment Homes in Ontario from Benedict Canyon for $56.2MM
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Advanced Real Estate Acquires 253-Unit Casitas Apartment Homes in Ontario from Benedict Canyon for $56.2MM

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Temecula, California apartment building at sunset
Photo by Mahavir Shah via Unsplash
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Advanced Real Estate has converted the pooled equity of 13 smaller properties into a single 253-unit cottage-style community in Ontario, assuming a 3.11 percent loan from seller Benedict Canyon Equities in a deal that puts the firm's X Fund trade-up strategy into motion.

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