Lion Real Estate Group has sold Park Terrace Apartments, a 100-unit community in Reseda, Calif., for $24 million. The company purchased the value-add property in 2015 from JB Partners Group for $15.5 million and renovated approximately 62 percent of the building. For more information on this disposition please refer to the article in Mutli-Housing News.
Article Link: https://www.multihousingnews.com/post/la-community-changes-hands-for-24m/