CBRE Negotiates Sale of 76-Unit Cambridge Apartments in West Covina, California

CBRE Negotiates Sale of 76-Unit Cambridge Apartments in West Covina, California

WEST COVINA, CALIF. — CBRE has directed the $26.3 million purchase of Cambridge Apartments, a multifamily property in West Covina. A multifamily investment group acquired the asset, which is located at 2601 E. Valley Blvd. Situated on 5.5 acres, Cambridge Apartments offers 76 one- and two-bedroom units. Eric Chen and Justino Fa’aola of CBRE represented the buyer in the transaction. The post CBRE Negotiates Sale of 76-Unit Cambridge Apartments in…

Investment Group Acquires West Covina Apartments

CBRE facilitated the $26.35-million sale of Cambridge Apartments, a 76-unit multifamily property located at 2601 E. Valley Blvd. in West Covina. A multifamily investment group acquired the community, represented by CBRE’s Eric Chen and Justino Fa’aola. “This sale underscores the demand for well-maintained multifamily assets in the West Covina market,” said Chen, EVP at CBRE. “The buyer recognized the significant value proposition, including the …

CGI+ Sells 275-Unit Multifamily Property Park Place in Orlando to RMR Residential

CGI+ Real Estate Investment Strategies (“CGI+”) has completed the off-market sale of Park Place, a Class A 275-unit garden-style apartment community in Orlando to RMR Residential. CGI+ acquired Park Place in 2021, when the seller was faced with costly insurance and construction issues following a lightning strike that sparked a fire destroying two buildings housing […] The post CGI+ Sells 275-Unit Multifamily Property Park Place in Orlando to RM…