Essex Property Trust Acquires 50% Partner Stake in 145-Unit Apartment Community in Burbank for $31.8MM

By Catherine Sweeney  Essex Property Trust recently acquired its joining venture partner’s 50 percent interest in a 145-unit apartment complex in Burbank, the company announced during a quarterly earnings call. According to SEC filings from the company, the 50 percent interest for The Village at Toluca Lake was acquired for $31.8 million, or about $219,310 […]