Commercial Real Estate Direct Staff Report Sunstone Two Tree has paid $45 million, or $225,000/unit, for the 200-unit Terraza Hills Apartments in El Cajon, Calif., roughly 20 miles east of San Diego. The Westlake Village, Calif., investment manager, which pursues value-add and opportunistic strategies, purchased the property from a San Clemente, Calif., investor group that […]

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