JV Acquires, Rebrands Workforce Apartments in Azusa
Summary by Connect CRE
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JV Acquires, Rebrands Workforce Apartments in Azusa
Langdon Park Capital, a real estate investment firm focused on preserving housing affordability in historically underserved communities, and Standard Real Estate Investments, a diversified middle-market investment manager, have acquired an 84-unit multifamily property in Azusa. Deal terms were not disclosed. The community will be rebranded as Langdon Park on Arrow and will operate under a long-term affordability structure designed to benefit wor…
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