Multi-Housing News FPA Multifamily has bought Elevate at Towngate, a 227-unit apartment complex in Moreno Valley, Calif., for $41 million, or $180,617/unit. The San Francisco company purchased the property from Brixton Capital of Solana Beach, Calif., which had bought it in 2017 for $28 million. JLL brokered the latest deal. Elevate at Towngate, at 13400 […]

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