Golden Management Acquires 188-Unit Tesoro Apartment Homes in North Redlands for $41.5MM

Transaction prices at $220,745 per unit as Inland Empire vacancy reaches 6.3 percent in fourth quarter Golden Management has acquired Tesoro Apartment Homes, a 188-unit multifamily property in North Redlands, for $41.5 million, or $220,745 per unit. Preferred Bank sold the asset in one of the Inland Empire's largest apartment transactions during the fourth quarter […]