Home Finance Pacific Urban Investors Grabs 168-Unit Preston in Miracle Mile for $70.5MM as Sares-Regis Books a Loss
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Pacific Urban Investors Grabs 168-Unit Preston in Miracle Mile for $70.5MM as Sares-Regis Books a Loss

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Pacific Urban Investors extended its Los Angeles buying streak with the $70.5 million purchase of the Preston apartments in Miracle Mile, a price that handed seller Sares-Regis Group a multimillion-dollar loss six years after it paid roughly $87 million for the same complex.

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