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Home Finance Tailwind Investment Group Acquires 62-Unit Tremont Street Apartments in Avalon on Santa Catalina Island for $8.64MM
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Tailwind Investment Group Acquires 62-Unit Tremont Street Apartments in Avalon on Santa Catalina Island for $8.64MM

September 17, 20264 Mins read889
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Catalina Island
Photo by Emma Svalstad on Unsplash
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Marcus & Millichap brokered the sale of a 62-unit affordable housing complex on Santa Catalina Island, threading a ground lease, a HUD-subsidized rental contract and a loan assumption to keep the property's below-market rents intact on an island where long-term housing is exceptionally scarce. Tremont Street Apartments, a 62-unit multifamily property in Avalon on Santa […]

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