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JV Sells Diamond Bar Apartments for $72.3 Million

Investor Acquires 204 Units in Los Angeles County
By Chelsea Bell
November 11, 2019 | 1:05 P.M.

Joint venture partners RedHill Realty Investors and Shelter Asset Management have sold the Hills of Diamond Bar apartments at 1020 Grand Ave. in Diamond Bar, California, to a private investor for $72.25 million, or about $354,000 per unit.

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