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Shopoff Offloads Fee Simple Land Interest in Cathedral City
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Shopoff Offloads Fee Simple Land Interest in Cathedral City
Shopoff Realty Investments has sold Date Palm Interiors, a fee simple land interest on homes located within the Desert Princess Community in Cathedral City, for $8 million. The interest includes ground leases on 159 homes adjacent to the DoubleTree Hotel. “Date Palm Interiors’ structure is part of a complicated network of tribally owned land, which made this a very unique and somewhat overlooked investment by the greater real estate community,” …
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