In a significant transaction, Institutional Property Advisors (IPA) has successfully brokered the sale of a California multifamily portfolio for a staggering $171 million. According to Kevin Green, the executive managing director of investments at IPA, the properties included in the portfolio constitute a considerable 11% portion of the entire market-rate housing stock in Thousand Oaks.
Key Points:
– Institutional Property Advisors (IPA) has facilitated the sale of a California multifamily portfolio, amounting to $171 million.
– The properties within the portfolio represent 11% of the overall market-rate housing stock in Thousand Oaks, as stated by Kevin Green, IPA’s executive managing director of investments.
You can read this full article at: https://wrenews.com/institutional-property-advisors-brokers-171-million-california-multifamily-portfolio-sale/
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