L.A. Business First Interwest Capital Group has paid $45.6 million, or $321,126/unit, for ReNew Mills, a 142-unit apartment property in Ontario, Calif. The La Jolla, Calif., investment manager purchased the property from FPA Multifamily of San Francisco, which was represented by CBRE. The property is encumbered by an $18.5 million Freddie Mac mortgage that’s securitized […]
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