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Updated: Downey Pointe Apts Sell for $18.6M

Pendo Investments Acquires 96 Units
By Tami Chuong
October 1, 2014 | 1:31 P.M.

Pendo Investments LLC purchased the Downey Pointe Apartments at 7301 Florence Ave. in Downey, CA, for just under $18.62 million, or about $194,000 per unit, from Downey Pointe Malcai LP.

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