AvalonBay Communities, Inc. sold the 628-home Eaves by Avalon apartments at 13921 Tustin East Dr. in Tustin, CA to Raintree Partners of Laguna Niguel for $163.5 million, or about $260,000 per unit - a new high for single-asset multifamily sales across the market over the past five years, reported Berkadia, which brokered the sale.
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13843 Tustin East Dr, Tustin, CA