Universe Holdings Acquires 160-Unit Multifamily Property in Riverside for $53.37MM

Los Angeles — Universe Holdings has acquired the Stonegate Apartments (Stonegate), a 160-unit multifamily community in Southern California’s Inland Empire city of Riverside, in an off-market transaction worth $53.370 million. Built in 1987, Stonegate offers a mix of one- and two-bedroom floorplans and a strong amenity package, including a fitness center, swimming pool, spa, barbecue […]