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

July 30, 20211 Mins read416
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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 […]

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