Vanamor Investments has paid $19.75 million, or $318,548/unit, for the 62-unit LuxLiv Apartments in Riverside, Calif. The purchase price was first reported by Traded.com. The San Diego investment manager purchased the property from Redhill Realty Investors LP in a deal brokered by Marcus & Millichap’s Institutional Property Advisors unit. The property, at 3905 Dawes St., […]

The post Riverside, Calif., Apartment Property Sells for $19.75Mln appeared first on Commercial Real Estate Direct.