Positive Investments Inc. has paid $38.5 million, or $276,978/unit, for the 139-unit Mountainview Venture Apartments in Covina, Calif. The Los Angeles investment and management company purchased the property from Venture Property Management of Encino, Calif., which was represented by Berkadia. The purchase price results in a 3.15 percent capitalization rate. Mountainview Venture, at 1375 West […]

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