LAApartment.Biz has paid $55.5 million, or $225,609/unit, for three apartment properties totaling 246 units in Northridge, Calif., about 20 miles north of Los Angeles. The Los Angeles management company purchased the properties from Upside Investments in a deal brokered by Northmarq. The three properties are Northridge Pointe, with 68 units at 8511 Balboa Blvd.; the […]

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