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May 09, 2018  


Southern California Apartment ComplexBascom Group will see a 4.7% initial annual yield on its $33.3 million acquisition last week of a 123-unit apartment complex in Costa Mesa, Calif. The Irvine, Calif., firm paid $271,000/unit for Sunset Cove Apartments, at 425 Merrimac Way. Developed in 1970, the Orange County property is 97% occupied. Berkadia represented the seller, Klingbeil Capital of San Francisco.Suburban Orlando Rental PropertyTH Real...

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