Investment firm 29th Street Capital has paid $97.5 million, or $406,250/unit, for the 240-unit Sunterra Apartments in Oceanside, Calif. The Chicago company purchased the property from Ideal Capital Group of Clovis, Calif., which had acquired it in 2019 for $66.25 million. Walker & Dunlop brokered the latest sale and arranged acquisition financing. The new financing […]
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